Samsung have posted their Q4 results with a record €39.2($52.4) billion in revenue and a total net income €6.19($8.27) billion. Their profits for Q4 saw a 10 percent increase compared to the previous quarter and a huge 90 percent year-over-year. Samsung also posted their year end results which saw record breaking numbers which beat even their own estimates, reaching $188.15 billion in revenue and $27.2 billion in operating profit.
Samsung’s profits are of course owed in no small part to their smartphone side of the business which has seen impressive sales with the Galaxy S3 and Note 2 sales over the past couple of months. Samsung are easily heading into 2013 with great expectations, with the Galaxy S IV no doubt only months away and Samsung expecting to ship 10 million units a month, they may have a better year yet.
Source: Samsung (PDF)
