Samsung's Q1 2014 sees $51.8 billion revenue, $7.3 billion profit

Samsung posts Q1 2014 profits of $7.3 billion from $51.8 billion in revenue.

@anthony256
Published Tue, Apr 29 2014 2:36 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

Samsung has just posted its earnings report for the first three months of 2014, with the company seeing $51.8 billion in revenue for Q1 2014, which is up ever so slightly year-over-year.

Samsung's Q1 2014 sees $51.8 billion revenue, $7.3 billion profit | TweakTown.com

As for profits, we have $8.2 billion in operating profits, and $7.3 billion in net profit. Samsung's mobile business did quite well, providing $30.29 billion of the $51.8 billion in revenue, and $6.2 billion of the operating profit - meaning mobile is pretty much everything for Samsung right now. The South Korean-based company saw mobile operating profits jump 18% from the end of last year, thanks to the success of the Galaxy S4 and Note 3 smartphones.

We should see some even bigger numbers in the next six months or so, thanks to the Galaxy S5 already off to a big start. As for tablets, Samsung said that sales on slates remained "solid" with total shipments reaching close to 13 million in Q1 2014.

NEWS SOURCE:androidcentral.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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