Sources: Samsung [PDF], Supply Analytics
quote: Samsung’s strong performance in the quarter was driven mainly by the IT & Mobile Communications (IM) segment, which is comprised of four businesses, Mobile Communications, Telecommunication Systems, IT Solutions and Digital Imaging. In particular, solid growth in the Mobile Communications business, with brisk sales of flagship GALAXY Note and GALAXY S II devices contributed to the company’s profitability.
quote: Profits Propped Up by Strong Sales of Smart DevicesThe IT & Mobile Communications division – including Mobile Communications, Telecommunication Systems, IT Solutions and Digital Imaging – registered quarterly operating profits of 4.27 trillion won for the first period. Revenue reached 23.22 trillion won, and the mobile unit accounted for 18.90 trillion won, up 86 percent year-on-year. Growth in shipments of Samsung’s flagship GALAXY Note and GALAXY S II and other premium mobile devices yielded high returns, with significant growth in China, Central and South America, the Middle East and Africa.
quote: The Samsung Galaxy S II is one of the most successful high-end Android handsets out there and now it’s got the numbers to prove it. Samsung says the Galaxy S II has sold 20 million units in the 10 months since its release in April 2011.
quote: Samsung announced on Wednesday that it has shipped more than 5 million units of its part-phone, part-tablet device, the Galaxy Note.
quote: ...because Samsung's model of selling 95% crap phones and 5% excellent phones is the way to go and Apple got it horribly wrong?