Samsung has sailed to record quarterly profits — despite difficulties with its memory sales — as the company’s top-of-the-line smartphones smacked Apple and crushed HTC. Meanwhile, HTC’s earnings slipped in the face of strong competition. Samsung on Friday reported strong profit for its fourth quarter — $4.5 billion — beating analyst expectations by roughly 10 percent. The company has profited by weakness in RIM’s BlackBerry line and HTC’s handsets. Samsung is also taking a chip out of Apple. In fact, it passed Apple in total smartphone sales in the Q3 2011.
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Samsung Soars, HTC Sinks
Posted by: Rob Spiegel January 6, 2012 02:55 PMSamsung has sailed to record quarterly profits — despite difficulties with its memory sales — as the company’s top-of-the-line smartphones smacked Apple and crushed HTC. Meanwhile, HTC’s earnings slipped in the face of strong competition. Samsung on Friday reported strong profit for its fourth quarter — $4.5 billion — beating analyst expectations by roughly 10 percent. The company has profited by weakness in RIM’s BlackBerry line and HTC’s handsets. Samsung is also taking a chip out of Apple. In fact, it passed Apple in total smartphone sales in the Q3 2011.