Samsung increased its profits by 91% in the third quarter

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The telecommunications division has accounted for 69% of Samsung’s operating profit during the interval.

Samsung almost coincided with his ‘eternal rival’ Apple in quarterly results reporting. The Korean company has announced a profit of 6,000 million for the third quarter , representing a growth of 91% compared to a year ago.

Meanwhile, revenue for the first mobile phone manufacturer has also increased by 26% to approximately $ 40,000 million.

The area of telecommunications from Samsung has represented 69% of its operating profit during Q3, with a 62% growth over the same quarter of 2011.

Samsung has not revealed how many units of smartphones has marketed globally, but analysts had estimated around 50 million phones sold, according to The Wall Street Journal . During the third quarter, Apple has distributed 27 million iPhone , for comparison.

Despite the good numbers, Samsung has warned that growth could stall in the fourth quarter. Naturally, when you consider that the flagship phone has been pulled from the Korean car, the Galaxy S III , was launched in May and has completed its deployment in the market from July to September. In addition, Samsung has recognized that in the final stretch of 2012 will “worsen the competition.” Thinking about the latter, the manufacturer claims it will increase its marketing spend for the Christmas season.

He have started blogging on Technology and computer at his college time in 2005 and worked with many reputed organization in India. He wrote many guest post for Technology magazine and newspapers worldwide. His writing and passion about Technology make him different from other writers in the global market. He love to write the review and thoughts on any new Technology and invention in current happenings.

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