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Samsung earns $4.73b profit on $42b revenue in Q4, owes success largely to Galaxy S II

By on January 27, 2012 at 8:14am in Mobile News


Samsung has been on a roll lately, and as it goes blow for blow with its biggest competitor the only thing we can truly say is that both companies are making some serious cash.

Samsung earned a very healthy $4.7 billion profit on $42 billion in revenue for Q4 ’11, up 13% from the y/y quarter 2010. Year-on-year profit was up 79%.

Net profit for the year was an astounding $42 billion on $147 billion total revenue, its highest ever. Its telecommunications branch did very well on the back of its Galaxy S II and Galaxy note lines, earning $16 billion in operating revenue for the quarter, while profit was at $2.4 billion.

The company is pretty happy with the results, especially its phone sales. “Despite intensified competition amid the global economic slowdown, our Telecommunications businesses continued to post solid earnings with an enhanced line-up of high-end smartphones, resulting in higher average selling price (ASP). Moreover, improved profitability and earnings growth of our Set businesses, including smartphones and flat panel TVs led to our company’s strong earnings,” said Robert Yi, Senior Vice President and Head of Investor Relations.

Smartphone revenue for the quarter was up 40% year-on-year, while total smartphone shipments increased 30% from the previous Q4.

Source: Samsung

Related posts:

  1. Apple Q4 earnings: misses revenue targets, earns $6.62 billion in profit
  2. Apple stock to hit $525 with $40 billion revenue in Q1: RBC
  3. Motorola Mobility ships 5.3m smartphones, loses $80m in Q4 on $3.4b revenue
  4. Apple rakes in the profit… sells 7.4 million iPhones in Q4

Discussion

13 comments for “Samsung earns $4.73b profit on $42b revenue in Q4, owes success largely to Galaxy S II”

  1. Nice! (No sarcasm). Also to the trolls/iSheeps and i forgot your meds – your trolling comments mean nothing.

    Like or Dislike: Thumb up 13 Thumb down 0

    Posted by EmperumanV | January 27, 2012, 8:48 am
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  2. Go Samsung, go!

    Like or Dislike: Thumb up 13 Thumb down 0

    Posted by Josh | January 27, 2012, 8:51 am
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  3. This is awesome. It wasn’t so long ago that Samsung was trying to hide their phone sales in with their display (TVs and monitors) sales number. I think it is time to undo that move and show what their phones are actually selling. They will beat Apple for sure when compared against the iPhones. Apple sheep will not now what hit then if Samsung did that.

    Samsung is crushing everyone and Apple will die soon and all their girlboy fans will be lost.

    Like or Dislike: Thumb up 6 Thumb down 1

    Posted by AndroidForLife | January 27, 2012, 8:58 am
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  4. Other news quote Samsung sold 36.5 million vs 37 Million for Apple. Which essentially the same amount of phones. Great job Samsung!

    Like or Dislike: Thumb up 3 Thumb down 0

    Posted by JL | January 27, 2012, 9:17 am
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  5. Hidden due to low comment rating. Click here to see.

    Like or Dislike: Thumb up 1 Thumb down 11

    Posted by W Young | January 27, 2012, 9:59 am
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    • The major reason for their tremendous increase in profit is because of their growth in mobile group. After all, their global market share went from roughly 9% in 2010 to nearly 20% in 2011 which still tops Apple.

      Like or Dislike: Thumb up 2 Thumb down 0

      Posted by Yeria | January 27, 2012, 10:35 am

  6. Samsung a song.

    Like or Dislike: Thumb up 1 Thumb down 1

    Posted by keiYUI | January 27, 2012, 10:17 am
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  7. Hmm, seems like we all just got “Samsunged”.

    Like or Dislike: Thumb up 3 Thumb down 0

    Posted by nade | January 27, 2012, 10:52 am
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  8. Apple is going down!!!

    They are only now trying to break into the display business, this is something they CANNOT touch samsung in, and now they are even beating apple at mobile phones, I recently purchased a galaxy nexus, and i was an avid iphone user for 3 years, I could NEVER go back to a iphone now, Samsung/google FTW!

    Like or Dislike: Thumb up 4 Thumb down 1

    Posted by Collin | January 27, 2012, 11:29 am
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  9. @ W Young, in the blog post right above this one, you will see “Smartphone Vendor” with the quoted results……Hopefully, this will answer your question.

    I am a huge Samsung fan since this past year and will be converting a lot of my equipment to it (maybe that smart laundry haha). But folks, don’t poo-poo on Apple and its users, it’s just 1) not nice 2) bad karma 3)the complete wipeout of Apple won’t bold well for competition.

    Queue up the GS3!!

    Like or Dislike: Thumb up 0 Thumb down 0

    Posted by Deli | January 27, 2012, 1:29 pm
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  10. Go Samsung Go! That’s only the mobile revenue. What about tv, car technology, boat etc… if you combine all their product revenu. They make more money than google, apple and Microsoft. That’s insane. Did you heard about samsung city?
    Wikipedia Samsung

    Like or Dislike: Thumb up 0 Thumb down 0

    Posted by Sureiken | January 27, 2012, 2:12 pm
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  11. All I know is I have the Galaxy Nexus and they did a FANTASTIC job on it, very very pleased. Of all the phones I’ve owned (Xperia x10, Samsung Captivate, iphone 3GS, iphone 4, Desire S, Desire Z, Xperia Ray, Xperia Arc, Nexus S) this is by FAR the best looking, feeling, fastest device I have ever owned. I am completely blown away. Really great job, love this phone! It really is unreal.

    Like or Dislike: Thumb up 2 Thumb down 0

    Posted by TG | January 27, 2012, 3:07 pm
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  12. Someone keep an eye out on Kim Jung Un, or the whole region goes down the tubes.

    Like or Dislike: Thumb up 0 Thumb down 0

    Posted by W Young | January 27, 2012, 4:11 pm
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