“Samsung Electronics, the world’s top maker of memory chips and smartphones, is set to report a robust quarterly profit rise on Friday, starting 2012 on an upbeat note aided by record-smashing sales of smartphones,” Miyoung Kim reports for Reuters.
“The South Korean firm, which surged past Apple as the world’s top smartphone maker in the third quarter, is quickly building on its supremacy with sleek designs and a rich product line-up, while the latest models from the likes of HTC, Nokia and BlackBerry maker Research in Motion struggle to interest consumers,” Kim reports. “Its handset division is now Samsung’s biggest earnings generator, raking in record profits.”
MacDailyNews Take: Whose sleek designs?
Kim reports, “The world’s biggest technology firm by revenue is likely to report 4.7 trillion won ($4.1 billion) in October-December operating profit on revenue of 46.2 trillion won, according to a consensus of 30 analysts surveyed by Thomson Reuters I/B/E/S. That would be its best profit since the third quarter of 2010, and up 57 percent from a year ago and 11 percent from the preceding quarter.”
Read more in the full article here.
MacDailyNews Take: So far, at least, crime does pay.
Related articles:
Slavish copier Samsung shamelessly steals Apple’s iPhone 3G design – again – January 3, 2012
Now Samsung’s slavishly copying Apple’s iPad television ads (with videos) – December 30, 2011
Samsung debuts Apple iPod touch knockoff – November 6, 2011
Samsung is so not copying Apple, here’s proof – September 28, 2011
Oh Samsung, you are making this too easy – September 24, 2011
Why are Apple’s icons on the wall of Samsung’s store? – September 24, 2011
Samsung threatens to step up patent fight with ‘free riding’ Apple Inc. – September 23, 2011
Samsung’s ‘Instinct’ is obviously to make Apple iPhone knockoffs – April 1, 2008