Samsung Makes a Profit in the First QuarterBy Chris - 04/24/2009 7:35:31 PM |
Unlike other big names in the mobile business, Samsung managed to bring in some cash in the first quarter of 2009. Overall the company has done batter than in the last quarter of 2008 bringing in a total of $459 million. The sad part for Samsung is that a 72% drop compared to the same period of last yer. As for Samsung’s mobile division, it has grown 36% in revenue which is pretty good considering the current times. With all the phones Samsung announced at the beginning of the year, we’d be surprised for it not to make a profit. We expect Samsung to sell even more phones in the following months as more handsets will be unveiled.
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Tags: Business, Earnings Report, profit, sales, Samsung


