Samsung 2011 This fall earnings official: $forty two billion in gross sales, $four.7 billion working revenue

Samsung 2011 Q4 earnings official: $42 billion in sales, $4.7 billion operating profit

It won’t be making as a lot cash because the competitors in Cupertino, however that does not imply Samsung is not raking in money at an astonishing clip. We reported earnings estimates a couple of weeks in the past, however now it is official that the agency posted a 5.three trillion gained ($four.7 billion) working revenue in This fall 2011. That represents over a 2 trillion gained ($1.eight billion) improve yr over yr. In all, it pulled in forty seven.three trillion gained ($forty two billion) in gross sales, thanks in no small half to the over 300 million telephones Sammy bought final yr. Whereas cellular accounted for roughly forty % of firm gross sales and half of its working revenue (2.6 trillion gained, or $2.three billion), its semiconductor enterprise did virtually as nicely, raking in 2.three trillion gained ($2 billion) in revenue over the identical interval. Samsung’s Show Panel enterprise outperformed 2010 — buoyed by robust gross sales in LED televisions — as gross sales have been up virtually 20 %, to eight.fifty five trillion gained ($7.6 billion).

Properly the decision simply completed up, and Sammy offered some prognosication for 2012. It anticipates the cellular enterprise to proceed to develop, with LTE and and new market segments (learn: Galaxy Word) serving to drive gross sales. TV gross sales are additionally anticipated to stay on the uptick, as Samsung anticipates demand to proceed rising due partially to the London Olympics and roll-out of extra Sensible TVs. Be happy to take a look at all of the numbers giving Samsung cause for its optimism on the supply hyperlink under.

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