Samsung says its more profitable than Apple now; Shows figures to back it up!
Samsung recently released their fourth quarter earnings estimate recently, and to say that the South-Korean giant is doing well would be a massive understatement.
Samsung has reported a record high profit, saying that it will make $8.3 billion in profits on $52.7 billion in revenue. This figure even trumps Apple’s own record high profit of $8.2 billion on just $32 billion.
Although the difference between the revenues of the two arch rivals might be miniscule as of now, one thing is crystal clear. As things stand, Samsung is making more money than Apple, at least if its estimates are correct.
Samsung has driven home its message, without mincing words. It’s time for Apple to take serious notice.