Fittest loser
Article updated: 1/8/2013 11:33 AM

Samsung sees record-high 4Q profit

Buy this photo Buy this photo
Gallery Image

Samsung Electronics Co., the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets. The company said Tuesday its operating profit for the October-December quarter would be about $8.3 billion, up 89 percent from a year earlier and higher than expectations. It will release its full quarterly result including net profit at the end of this month.

Associated Press

About this Article

Samsung Electronics Co., the world's largest technology company by revenue, expects record earnings for the fourth quarter of 2012 as shoppers continued to snap up its smartphones and tablets. The company said Tuesday its operating profit for the October-December quarter would be about $8.3 billion, up 89 percent from a year earlier and higher than expectations.
Galleries by Category