November 26, 2014

Samsung posts $6.4 billion net profit after Q1 earnings

Samsung-dinero

Even with the heavily-awaited Samsung Galaxy S4 sitting in the “yet to be available” category, Samsung has just posted some big financial news. Their Q1 profits have been released, and with them, Samsung has passed 7.15 trillion Won, or about 6.3 billion US dollars. Their total sales sit at 52.9 trillion Won, a big raise from the already staggering 45.3 trillion Won announced last quarter.

Of course, Android plays a huge part in their sales – approximately $3.58 billion of their profits come from phones, a lot of which are powered by Android. Samsung Mobile hauled in 6.51 trillion Won, with 68 million units sold.

via bloomberg