Samsung publishes record revenue in its newest income statement

Phone News

by Safwan Zahid

Samsung has published its Q3 2013 income statement. As estimated, the Korean giant submitted record-breaking earnings which marginally surpassed the guidance from earlier this month.

Samsung published combined operating revenue of 10.16 trillion gained (roughly $9.56 billion) from 59.08 trillion gained (roughly $55.59 billion) of revenue. The revenue of Samsung  arrived 7% greater than the earlier quarter and an outstanding 26% over the similar period a year ago.
Not surprisingly, the mobile division chipped in substantially to the revenue. Its increase was influenced by enhanced sales of mass-market, lower-cost models. High-end devices’ shipments have stayed at very similar level with the past quarter.

Samsung tablets have performed well within the previous quarter too. Their shipments have elevated drastically thanks to extended product lineups.
 Up coming quarter view of Samsung  for its mobile section is hopeful. This  company desires constant growth for either  tablets and smartphones  thanks to improved demand from customers throughout the holiday period.

You can see the full financial performance of Samsung by clicking the source link.