News Summary: Galaxy sales drive Samsung 4Q profit

Published on NewsOK Modified: January 25, 2013 at 2:56 pm •  Published: January 25, 2013
Advertisement
;

OUT OF THIS WORLD: The growing popularity of Galaxy smartphones helped lift profit in Samsung's latest quarter by 76 percent to $6.6 billion.

NO IPHONE ENVY HERE: Samsung Electronics Co. overtook Apple Inc. as the top smartphone maker last year. Its operating profit from the division that makes and sells smartphones and tablets more than doubled in the fourth quarter.

CAUTION: But the South Korean company warned that it expects a strong won, South Korea's currency, to cut into its earnings this year.


Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Hotel leaves Oklahoma City Thunder opponents telling ghost stories
  2. 2
    Check out the Thunder postseason playlist
  3. 3
    VIDEO: Blake Griffin dumps water on a fan
  4. 4
    Oklahoma City Thunder: Grizzlies guard Nick Calathes calls drug suspension unfair
  5. 5
    Dave Chappelle Reveals Shockingly Buff New Look
+ show more