Samsung 2011 Q4 earnings official: $42 billion in sales, $4.7 billion operating profit

You can not make as much money as competition in Cupertino, but that does not mean that Samsung will not rake in cash at an incredible rate. It made a profit estimate a few weeks ago, but now it is official that the company posted a ₩ 5300000000000 ($ 4.7 billion) operating profit in Q4 2011. Representing more than ₩ 2000000000000 ($ 1.8 billion) for the year increased by more than a year.

A total of ₩ pulled 47300000000000 (42 $ million) in sales, thanks in part to more than 300 million phones sold last year, Sammy. Mobile phones accounted for about 40 percent of sales companies and half of operating profit (₩ 2.6 trillion or $ 2.3 billion), the semiconductor business is almost as well, earning ₩ 2.3 trillion ($ 2 billion) in revenue during the same time. Business Display Panel Samsung surpassed 2010 – supported by strong lead in television sales – and sales rise nearly 20 percent to ₩ 8.55 trillion ($ 7.6 billion).

So call it, and Sammy gives prognosication some for 2012. Is expected to continue growing mobile business, and the LTE and new market segments (ie: Remember Galaxy) to help boost sales. TV sales are also expected to remain on the rise, such as the Samsung expects demand to continue growing due in part to the London Olympics and the launch of Smart TV. Feel free to check all the numbers are cause for optimism Samsung at the source link below.

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