Friday, January 28, 2011

Samsung reports Q4 2010 results


Samsung just published its financial report for the last quarter of 2010 and the full fiscal year and things are looking pretty good for the second largest cell-phone manufacturer. The telecom division has generated some $10.9 billion of revenue and $1.3 billion of profit in the last three month alone.

Those numbers represent respectively 19% and 38% increase over the year-ago quarter.

For the full 2010 the company reported a total of $37 billion of revenue and $3.9 of operating profit.


Erik G Pedrosa
GSMArena

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