3 ms·

Damn net profit of 7.5billion is now lower than samsung's 8.13billion.

by KaoruAoiShiho 13y ago

recuter 13y ago
Keep in mind that Apple doesn't make aircraft carriers or nuclear power plants.
- deleted 13y ago
  [deleted]
- KaoruAoiShiho 13y ago
  Neither does Samsung Electronics.
- encoderer 13y ago
  Also, a significant share of Apple's revenue (and profit) is in the Q4 holiday season. Far more so on a percentage basis than Samsung. So I'm not really sure what the OP was getting at? A more important comparison I think is margin.
  - KaoruAoiShiho 13y ago
    Apple used to kick Samsung's ass every quarter so I'm rather shocked to find the tables turned already.
- mladenkovacevic 13y ago
  Samsung Electronics is only a subsidiary of Samsung Group which makes all those things. Samsung Electronics profits were $9.6 but that includes TVs and their semiconductor division. The actual mobile division had $6.3 in profits (about 20% growth from same time last year).
  - IBM 13y ago
    Samsung's profits are up mainly because of chips which makes sense when they're manufacturing Apple's chips (and Apple's iPhone sales are up significantly). Samsung's growth in high-end phone sales is slowing down. http://www.bloomberg.com/news/2013-10-24/samsung-profit-surges-as-cheaper-handsets-team-with-chips.html http://www.bloomberg.com/news/2013-10-24/samsung-profit-surg...
    - mladenkovacevic 13y ago
      No the $6.3B is from the mobile division alone. Their chip sales also saw profits of about $1.9B which is double than same time last year, but the phone sales are still their #1 business.
      - IBM 13y ago
        Yes I know, my comment doesn't dispute that. Phones are the biggest piece, but increasingly that's coming from low-end phones, the growth in high-end phones is slipping.
partyanimal 13y ago
"Samsung has not 'dethroned' Apple in profits" "...someone pointed out that Kovach was comparing Apple's after tax net income to Samsung Electronics pre-tax operational income..." typical mistake... http://tech.fortune.cnn.com/2013/07/28/apple-samsung-profits-dilger/ http://tech.fortune.cnn.com/2013/07/28/apple-samsung-profits...
- KaoruAoiShiho 13y ago
  ? I'm using net income, Samsung has 9.6 operating profit. Why are you showing an article from last quarter?
  - partyanimal 13y ago
    Operating Profit = Also known as "earnings before interest and tax" (EBIT) or "operating income" http://www.investopedia.com/terms/o/operating_profit.asp http://www.investopedia.com/terms/o/operating_profit.asp OOOOPPS!! :)
    - KaoruAoiShiho 13y ago
      What does that have to do with net income lol.
      - partyanimal 13y ago
        Wow do I have to explain it to you? Samsung reports operating profit = Also known as "earnings BEFORE interest and tax" (EBIT) or "operating income" Apple reports net income = AFTER TAX net income
bekman2 13y ago
No, Samsung reported operating profit not net profit which is before tax.

Damn net profit of 7.5billion is now lower than samsung's 8.13billion.

recuter 13y ago

Keep in mind that Apple doesn't make aircraft carriers or nuclear power plants.

deleted 13y ago
[deleted]
KaoruAoiShiho 13y ago
Neither does Samsung Electronics.
encoderer 13y ago
Also, a significant share of Apple's revenue (and profit) is in the Q4 holiday season. Far more so on a percentage basis than Samsung. So I'm not really sure what the OP was getting at? A more important comparison I think is margin.
- KaoruAoiShiho 13y ago
  Apple used to kick Samsung's ass every quarter so I'm rather shocked to find the tables turned already.
mladenkovacevic 13y ago
Samsung Electronics is only a subsidiary of Samsung Group which makes all those things. Samsung Electronics profits were $9.6 but that includes TVs and their semiconductor division. The actual mobile division had $6.3 in profits (about 20% growth from same time last year).
- IBM 13y ago
  Samsung's profits are up mainly because of chips which makes sense when they're manufacturing Apple's chips (and Apple's iPhone sales are up significantly). Samsung's growth in high-end phone sales is slowing down. http://www.bloomberg.com/news/2013-10-24/samsung-profit-surges-as-cheaper-handsets-team-with-chips.html http://www.bloomberg.com/news/2013-10-24/samsung-profit-surg...
  - mladenkovacevic 13y ago
    No the $6.3B is from the mobile division alone. Their chip sales also saw profits of about $1.9B which is double than same time last year, but the phone sales are still their #1 business.
    - IBM 13y ago
      Yes I know, my comment doesn't dispute that. Phones are the biggest piece, but increasingly that's coming from low-end phones, the growth in high-end phones is slipping.

partyanimal 13y ago

"Samsung has not 'dethroned' Apple in profits" "...someone pointed out that Kovach was comparing Apple's after tax net income to Samsung Electronics pre-tax operational income..." typical mistake... http://tech.fortune.cnn.com/2013/07/28/apple-samsung-profits-dilger/ http://tech.fortune.cnn.com/2013/07/28/apple-samsung-profits...

KaoruAoiShiho 13y ago
? I'm using net income, Samsung has 9.6 operating profit. Why are you showing an article from last quarter?
- partyanimal 13y ago
  Operating Profit = Also known as "earnings before interest and tax" (EBIT) or "operating income" http://www.investopedia.com/terms/o/operating_profit.asp http://www.investopedia.com/terms/o/operating_profit.asp OOOOPPS!! :)
  - KaoruAoiShiho 13y ago
    What does that have to do with net income lol.
    - partyanimal 13y ago
      Wow do I have to explain it to you? Samsung reports operating profit = Also known as "earnings BEFORE interest and tax" (EBIT) or "operating income" Apple reports net income = AFTER TAX net income

bekman2 13y ago

No, Samsung reported operating profit not net profit which is before tax.