Samsung Expects Record Quarterly Sales from Smartphone Surge
Jan 9, 2012
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In the third quarter of 2011 Samsung Electronics blew past Apple to become the world' biggest smartphone maker and in the fourth quarter the company expects to report its best-ever profits, thanks to smartphones.

Samsung said on Friday, Jan. 6, 2012, that it expects sales of approximately 47 trillion Korean won (approx. US$36 billion) in the fourth quarter of 2011 and expects to record a record profit of about 5.2 trillion won (approx. $4.5 billion).

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