Samsung released its Q1 2013 earnings report. The company's financial performance fell right in line with the financial guidance (http://www.gsmarena.com/samsung_releases_q1_financial_estimates_has_another_record_in_sight-news-5818.php) it released earlier this month.
(http://cdn.gsmarena.com/vv/newsimg/13/04/samsung-q1-report/gsmarena_001.jpg)
Thanks to strong smartphone and tablet sales, Samsung achieved an operating profit of 8.78 trillion won ($7.9 billion) - more than 50% higher than the same period of last year. The net profit was 7.15 trillion won ($6.45 billion) on 52.87 trillion won ($47.6 billion) of revenues.
Samsung expects the imminent launch of the Galaxy S4 (http://www.gsmarena.com/samsung_i9500_galaxy_s4-5125.php) flagship to have a massive impact on its financials next quarter. The manufacturer however, points at increased competition in the smartphone field.
Source (http://www.samsung.com/us/aboutsamsung/ir/ireventpresentations/earningsrelease/downloads/2012/20130426_conference_eng.pdf) | Via (http://www.theverge.com/2013/4/25/4267346/samsung-earnings-q1-2013)
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