Samsung makes $7.4 billion in Q3 profits, surpasses expectations
Samsung set the bar a little lower than the final mark when it told investors its expectations earlier this month , posting $7.4 billion in operating profits for Q3 and $5.97 billion in net income. This handily bests the $7.28 billion profit it told investors to expect, nearly doubling what it made over the same period last year. Why the jump? You can blame the Galaxy S III , which increased shipments “significantly due to global expansion,” the company says. Indeed, smartphone sales are credited to Sammy’s quarter over quarter leap in revenue
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Samsung makes $7.4 billion in Q3 profits, surpasses expectations
