5G Technology World

  • 5G Technology and Engineering
  • FAQs
  • Apps
  • Devices
  • IoT
  • RF
  • Radar
  • Wireless Design
  • Learn
    • 5G Videos
    • Ebooks
    • EE Training Days
    • FAQs
    • Learning Center
    • Tech Toolboxes
    • Webinars/Digital Events
  • Handbooks
    • 2024
    • 2023
    • 2022
    • 2021
  • Resources
    • Design Guide Library
    • EE World Digital Issues
    • Engineering Diversity & Inclusion
    • Engineering Training Days
    • LEAP Awards
  • Advertise
  • Subscribe

Samsung Posts $6.5 Billion Profit

By Ben Munson | April 26, 2013

Samsung posted a gigantic $6.5 billion in profits for the first quarter of its fiscal 2013, up significantly from the same quarter last year when the company posted $4.5 billion.

Overall sales for the quarter tallied $47.6 billion, down quarterly after the holidays but up from the $40.7 billion it posted in the first quarter of 2012. 

More than half of Samsung’s sales came from its handset and tablet business.

This represents Samsung’s sixth straight quarter posting profit growth, an impressive winning streak that comes as Apple this week reported its first profit decline in more than a decade.

The good news for Samsung comes before this week’s launch of the company’s new flagship smartphone, the Galaxy S4. Early orders for the handset have led Samsung to predict that supply could be in short order while the company hustles to meet the demand.

In Comscore’s newest study of U.S. smartphone market share, both Apple and Samsung were seen pulling away from the pack even more and increasing their chunks of the market, accounting for more than 60 percent between the two of them. Apple at the end of February held 38.9 percent of the U.S. smartphone market while Samsung controlled 21.3 percent. But with the frenzy around the imminent release of the Galaxy S4 and Apple with no product releases scheduled in the next few months, those numbers could quickly begin to swing in Samsung’s favor.

Samsung’s stock is up nearly five percent as of 8:48 a.m. CT.


Filed Under: Devices

 

Next Article

← Previous Article
Next Article →

Related Articles Read More >

High-directivity couplers optimized for 225 – 750 MHz applications
Integrated into IoT devices, iSIM poised to make inroads
Triple-radio and multiprotocol MCUs add application processors
5G vectors
How RedCap fits into 5G and IoT

Featured Contributions

  • Overcome Open RAN test and certification challenges
  • Wireless engineers need AI to build networks
  • Why AI chips need PCIe 7.0 IP interconnects
  • circuit board timing How timing and synchronization improve 5G spectrum efficiency
  • Wi-Fi 7 and 5G for FWA need testing
More Featured Contributions

EE TECH TOOLBOX

“ee
Tech Toolbox: 5G Technology
This Tech Toolbox covers the basics of 5G technology plus a story about how engineers designed and built a prototype DSL router mostly from old cellphone parts. Download this first 5G/wired/wireless communications Tech Toolbox to learn more!

EE LEARNING CENTER

EE Learning Center
“5g
EXPAND YOUR KNOWLEDGE AND STAY CONNECTED
Get the latest info on technologies, tools and strategies for EE professionals.

Engineering Training Days

engineering
“bills
5G Technology World
  • Enews Signup
  • EE World Online
  • DesignFast
  • EDABoard Forums
  • Electro-Tech-Online Forums
  • Microcontroller Tips
  • Analogic Tips
  • Connector Tips
  • Engineer’s Garage
  • EV Engineering
  • Power Electronic Tips
  • Sensor Tips
  • Test and Measurement Tips
  • About Us
  • Contact Us
  • Advertise

Copyright © 2025 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy

Search 5G Technology World