Samsung released its Q3 2013 earnings report. As expected, the Korean giant posted record-shattering profits which slightly exceeded the guidance from earlier this month. Samsung posted consolidated operating profit of 10.16 trillion won (approximately $9.56 billion) from a 59.08 trillion won (roughly $55.59 billion) of revenue. SamsungÂ's profits came in 7% higher than the previous quarter and an impressive 26% more than the same period last year.
Unsurprisingly, the mobile division chipped in significantly to the profits. Its growth was driven by increased sales of mass-market, lower-cost models.
GSM Arena , Samsung posts record profits in its latest earnings report, Samsung posts record profits in its latest earnings report
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