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by KaoruAoiShiho 4612 days ago
Damn net profit of 7.5billion is now lower than samsung's 8.13billion.
3 comments

Keep in mind that Apple doesn't make aircraft carriers or nuclear power plants.
Samsung Electronics is only a subsidiary of Samsung Group which makes all those things. Samsung Electronics profits were $9.6 but that includes TVs and their semiconductor division. The actual mobile division had $6.3 in profits (about 20% growth from same time last year).
Samsung's profits are up mainly because of chips which makes sense when they're manufacturing Apple's chips (and Apple's iPhone sales are up significantly). Samsung's growth in high-end phone sales is slowing down.

http://www.bloomberg.com/news/2013-10-24/samsung-profit-surg...

No the $6.3B is from the mobile division alone. Their chip sales also saw profits of about $1.9B which is double than same time last year, but the phone sales are still their #1 business.
Yes I know, my comment doesn't dispute that. Phones are the biggest piece, but increasingly that's coming from low-end phones, the growth in high-end phones is slipping.
Neither does Samsung Electronics.
Also, a significant share of Apple's revenue (and profit) is in the Q4 holiday season. Far more so on a percentage basis than Samsung. So I'm not really sure what the OP was getting at? A more important comparison I think is margin.
Apple used to kick Samsung's ass every quarter so I'm rather shocked to find the tables turned already.
"Samsung has not 'dethroned' Apple in profits"

"...someone pointed out that Kovach was comparing Apple's after tax net income to Samsung Electronics pre-tax operational income..."

typical mistake...

http://tech.fortune.cnn.com/2013/07/28/apple-samsung-profits...

?

I'm using net income, Samsung has 9.6 operating profit. Why are you showing an article from last quarter?

Operating Profit = Also known as "earnings before interest and tax" (EBIT) or "operating income"

http://www.investopedia.com/terms/o/operating_profit.asp

OOOOPPS!! :)

What does that have to do with net income lol.
Wow do I have to explain it to you?

Samsung reports operating profit = Also known as "earnings BEFORE interest and tax" (EBIT) or "operating income"

Apple reports net income = AFTER TAX net income

No, Samsung reported operating profit not net profit which is before tax.