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At this time last year, Samsung was enjoying a record operating profit of $9.6 billion for its third quarter and shipping Galaxy phones seemingly as fast as it could make them. Now? The company announced its operating profit for the period will be down to between $3.6 and $4 billion, which would b

1 month ago 0 Comments
October 7, 2014 at 12:25AM
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Samsung's marketing budget has always been vast, but in the last quarter it was far larger than even the manufacturer itself would have liked. The company admits that it's been forced to spend extra money on promotions for older and lower-end devices that have been filling up its warehouses due to

4 months ago 0 Comments
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When the Galaxy S4 Mini reached the FCC last month, we thought that might be the last we'd see of it in the US; the Galaxy S III Mini never officially reached the country, after all. The GS4 Mini is back for another round, however, and it's now toting AT&T-native support for both LTE (on the 7

1 year ago 0 Comments
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Right on schedule, Samsung has released its earnings estimates for Q2 2013 ahead of its full announcement later this month. And, as you might expect, the company made a lot of money: a tidy profit of 9.5 trillion won, or $8.33 billion dollars, to be exact. Naturally, that record-setting number is

1 year ago 0 Comments
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Samsung Electronics has released its Q1 2013 numbers and as it predicted a few weeks ago, business continues to boom. Operating profits are 8.78 trillion won as predicted, while net profit is up to 7.15 trillion won ($6.4 billion), up sharply from the same quarter last year when its net profit was

1 year ago 0 Comments
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As Samsung predicted, Q4 2012 was another big one for the company with 8.84 trillion won ($8.27 billion) in operating profits, around double what it reported for the same period back in 2011. Overall revenue was also up, showing a gain of 18.5 percent from the same period last year for a total of

1 year ago 0 Comments
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Samsung set the bar a little lower than the final mark when it told investors its expectations earlier this month, posting $7.4 billion in operating profits for Q3 and $5.97 billion in net income. This handily bests the $7.28 billion profit it told investors to expect, nearly doubling what it made

2 years ago 0 Comments