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Samsung Reports $6.5B Profit For Q4-FY12; $51.8B Net Sales

As always, there is very little operational detail from Samsung for the quarter - The company reported a net sales of 56.06 trillion won (around $51.8 billion) for the quarter, up from 52.18 trillion won (around $48.32 billion) in the previous quarter and 47.30 trillion won ($43.8 billion) in the same quarter last year. It reported a consolidated net profit of 7.04 trillion won ($6.52 billion) for the quarter, registering a 7.3% increase from 6.56 trillion won ($6.06 billion) in the previous quarter and increase from 4.01 trillion won ($3.71 billion) in the same quarter last year. The operating profit stood at 8.84 trillion won ($8.18 billion) for the quarter, up from 8.06 trillion won ($7.46 billion) in the previous quarter and 4.67 trillion won ($4.32 billion) in the same quarter last year. Mobile Communication Division Samsung's mobile communication division reported revenues of 27.23 trillion won ($25.22 billion) for the quarter ending December 31, 2012, registering 4% growth from 26.25 trillion won ($24.26 billion) in the previous quarter and a significant 58.5% increase from 17.18 trillion won ($15.91 billion) in the same quarter last year. The company attributed this growth to the increase in sales of Samsung Galaxy S III and Galaxy Note II, although it didn't disclose any specific sales numbers for these smartphones. In comparison, Samsung's competitor Apple had reported sales of 47.8 million smartphones and 22.9 million iPads for this quarter, while Nokia had reported sales of 6.6 million smartphones including 4.4 million Lumia devices and 2.2 million…

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