Earlier today we posted an article showing the 4th quarter profit results from HTC and now we have found that Samsung just shared theirs too. Looks like it’s been a great year for them as well, not just HTC. Could this be because of the Super AMOLED screens and sweet, sexy new devices they started making? I sure think so what about you?
Looking at the charts provided by Samsung, in Q3 their sales have increased by 12 percent to 35.8 billion US dollars, while net profit rose by 17 percent, reaching 4 billion dollars. The mobile division was among the more profitable Samsung businesses, generating 9.9 billion dollars of sales and 1 billion of profit. Those numbers represent an increase of about 16 percent and 0.3 percent compared to this same time period of last year.
Over the past three months Samsung has sold 71.4 million handsets, giving them a market share of just over 22 percent (it was 20.8 percent in Q3 of 2009). In comparison, for Q3 of 2009 Samsung only pushed 60.8 million mobile phones. The average selling price of the Samsung mobile phones has also increased by 14 percent over the previous quarter up to 122 US dollars, according to gsmarena.
This makes us curious to see what their numbers will reflect by the end of Quarter 4. If they continue to release devices such as the Samsung Galaxy S (which surpassed 7M sales this quarter) and the Samsung Wave (which reached the 2M milestone), they could possibly pass HTC and move to the number one slot. Do you see this happening? Will Samsung rule the mobile phone world? Only time will tell. Let us know what you think!
Take a look at the actual PDF quarterly report from Samsung by clicking here.
Source: Gsmarena