Samsung reported its quarterly earnings this week, showing a healthy jump in its smartphone business. The company’s smartphone sales quadrupled, shooting up from 7 million in last year’s third quarter to 28 million globally in third-quarter 2011. Samsung also saw a 44 percent increase from the previous quarter. These numbers have rocketed Samsung past Apple and Nokia in terms of units sold. The financial results reveal that Samsung’s mobile division is now bigger than Apple’s in terms of revenue.
Loading ...
Samsung Snatches Global Smartphone Crown From Apple
Posted by: Rob Spiegel October 28, 2011 02:57 PMSamsung reported its quarterly earnings this week, showing a healthy jump in its smartphone business. The company’s smartphone sales quadrupled, shooting up from 7 million in last year’s third quarter to 28 million globally in third-quarter 2011. Samsung also saw a 44 percent increase from the previous quarter. These numbers have rocketed Samsung past Apple and Nokia in terms of units sold. The financial results reveal that Samsung’s mobile division is now bigger than Apple’s in terms of revenue.