Kumari Palany & Co

Samsung S4 takes away a major portion of the company’s profit

Posted on: 27/Jul/2013 5:26:50 PM
The profit for the 6th straight quarter made by world’s largest smartphone maker – Samsung Electronics was reported on Friday. The results were disappointing to all investors, as they were expecting a better level of profit. From Galaxy S4 model. After its launch, the mobile model enjoyed over 10 million satisfied customers within just one month.

The profit made by South Korean company with the Galaxy smartphone is mainly from its division selling handsets, tablet computers and smartphones. Almost 2/3rd of the company’s profit was contributed only by this company.