Mobile Review: Samsung Q4 reports is out: profits reach record $6.6 billion

[Bibi Lyra]

Samsung, the South Korean manufacturing giants and the current cellphone market leader, has revealed its financial results of the fourth quarter of 2012. The reported revenues for the whole company were 56.06 trillion won, a 7% quarterly increase.



The company's consolidated operating profits were reported at 8.84 trillion won ($8.3 billion), a 10% quarter-on-quarter increase and the net profit was disclosed as 7.04 trillion won ($6.6 billion). However, Samsung's full year operating profit reached a new high with 29.05 trillion won ($27 billion) on revenues of 201.10 trillion won ($187.2 billion).

Samsung mostly has the strong sales of its popular Galaxy S3 and Galaxy Note 2 smartphones to thank for this outstanding performance. Furthermore, strong sales of the company