Samsung earns $4.7 Billion Probably will become #1 Again

Question

Based on the recent products (smart phones computers and other devices) Samsung is growing like crazy. In last quarter alone Samsung made US $4.7 billion in profit. When I compare Apple and Samsung while Apple rules USA Samsung has a wider market.

Mahesh Chand · Answer

Yes Sam. It is Korean. I didn't know it either before I ready that news. Interesting stuff!

Sam Hobbs · Answer

Okay Samsung is Korean and I am sure that the Korean people are very proud of the success of Samsung; they have good reason to be.

Sam Hobbs · Answer

I am still not sure where Samsung is located; whether it is a Korean or a Japanese company or if it is in a different coutry. The Samsung product line is much broader than Apple. Samsung does not make automobiles but comparing Apple and Samsung is a lot like comparing Apple to Ford. Apple does not make washers dryers ranges (stoves for cooking) refrigerators microwaves (also for cooking) or dishwahsers; Samsung does. So when you say other devices there is much included in that.

Alok Uniyal · Answer

Yes you are right sir. Samsung creates a boom in smart phone industry. mostly in developing countries like India. May be the reason behind it is that Samsung smart phones are much similar to Apples iphon . And Samsung provides these phones in low prices compare to Apple. As a comman man can't afford the price of iphone . So when phone with approx same features and functionality are available in market so this is a batter choice... http://mashable.com/2011/11/23/apple-samsung-patent-wars/ http://www.reuters.com/article/2011/12/05/us-apple-samsung-ruling-idUSTRE7B425D20111205

Samsung earns $4.7 Billion, Probably will become #1 Again