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Friday 29 July 2011

Samsung Mobile Q2 Rresult: 45% Increase in Sales


Despite tough competition Samsung Mobile Q2 result shows a 45% net profit than last year. Samsung mobile’s revenue for Q2 was $11.55 billion and operating profit of $1.58 billion with Samsung Galaxy S II and other smartphones driving the demand up. 




Samsung had shipped around 19 million smartphones globally which puts it ahead of Nokia, and its 16.7 million smartphones is close to current market leader Apple's sale of 20.3 million smartphones. The Average Selling Price of Samsung mobiles also went up by over 10%.

Samsung plans to drive sales even further in Q3  by adding new LTE-enabled handsets to their lineup.



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