Friday, April 27, 2012

Samsung Crushes Earnings to Become World's Biggest Cellphone Maker

Samsung Logo Suomi: Samsungin logo
Samsung Logo Suomi: Samsungin logo (Photo credit: Wikipedia)



A two-horse race... Apple and Samsung.

SEOUL (Reuters) - Samsung Electronics Co, the world's top technology firm by revenue, reported a record quarterly profit on Friday, as its Galaxy smartphones and Note phone/tablet helped it win market share from Nokia and as it outmuscled Japanese rivals in TVs and memory chips.
Samsung did not break out its first-quarter smartphone and handset shipments, but analysts forecast it ended Nokia's 14-year leadership of the global cellphone market, outselling the struggling Finnish company for the first time.





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