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Keep in mind that Apple doesn't make aircraft carriers or nuclear power plants.
by recuter 13y ago
Keep in mind that Apple doesn't make aircraft carriers or nuclear power plants.
- deleted 13y ago[deleted]
- KaoruAoiShiho 13y agoNeither does Samsung Electronics.
- encoderer 13y agoAlso, 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 agoApple used to kick Samsung's ass every quarter so I'm rather shocked to find the tables turned already.
- mladenkovacevic 13y agoSamsung 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 agoSamsung'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 agoNo 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 agoYes 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.