Samsung Sold 35 Million Smartphones in Q4 2011
By on January 6th, 2012

Samsung recently reported preliminary earnings for the fourth quarter of 2011. It beat Apple to become the top smartphone maker in Q3 2011, and will likely beat it again in Q4 2011 too. According to reports, it sold a total of approximately 35 million smartphones this quarter, a 25% jump from Q3. Its operating profit jumped to around $4.5 billion, backed by record sales of its Galaxy smartphones and tablets. Its mobile division is its most profitable business now.

Part of its Q4 operating profit was due to the sale of its hard drive business to Seagate, which will give it a chance to focus on its more profitable businesses.

Apple will announce its earnings in the next two weeks. It is expected to post a record quarter too, owing primarily to the massive sales of the iPhone 4S. Even if Samsung beats it in terms of total devices sold, Apple will likely win in terms of total profit generated.

Samsung’s Galaxy S 2 and Galaxy Note have been the most popular Android devices this year. It is rumored that Samsung may announce the Galaxy S 3 at CES 2012 next week. Samsung is expected to sell around 170 million smartphones in 2012, a significant increase from the 95 million smartphones sold in 2011.

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Author: Pathik Google Profile for Pathik
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Pathik has written and can be contacted at pathik@techie-buzz.com.

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