Samsung Galaxy crosses 73 Million record

News / Smartphones

Samsung Galaxy crosses 73 Million record

  • 2012-10-07 08:55:35
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News / Smartphones Samsung Galaxy  crosses 73 Million record
The Quarterly reports relating to the profit of Samsung Electronics says that it crosses $7.3 billion on Friday, as strong sales of its Galaxy smartphones more than the reduced orders related to chips and screens from Apple Incorporation.

But if the record run will come to an end in the current quarter only if the Samsung spends more on marketing to counter Apple\'s latest iPhone and other rival products in the wide $200 billion plus global smartphone market.

This year’s expected record of profit ,28 trillion won will trigger improvised performance related payouts to many of Samsung\'s 206,000 staff early next year. And Samsung may have to set money aside this quarter if it fails in an appeal to overturn an August 24 U.S. court ruling that awarded more than $1 billion in damages to Apple for patent infringements by Samsung.

Analysts expect that the , earnings at the world\'s top technology firm by revenue to decline until the second quarter of the coming year as a slump in computer sales and the weak global economy sap demand for chips and electronics product
Categories: Smartphones

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