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 Samsung 2011 Q4 earnings official: $42 billion in sales, $4.7 billion operating profi |
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Jan 27, 2012 - 10:02 AM - by HDTV News Poster
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It might not be making as much money as the competition in Cupertino, but that doesn't mean Samsung isn't raking in cash at an astonishing clip. We reported earnings estimates a few weeks ago, but now it's official that the firm posted a 5.3 trillion won ($4.7 billion) operating profit in Q4 2011. That represents over a 2 trillion won ($1.8 billion) increase year over year. In all, it pulled in 47.3 trillion won ($42 billion) in sales, thanks in no small part to the over 300 million phones Sammy sold last year. While mobile accounted for roughly 40 percent of company sales and half of its operating profit (2.6 trillion won, or $2.3 billion), its semiconductor business did almost as well, raking in 2.3 trillion won ($2 billion) in profit over the same period. Samsung's Display Panel business outperformed 2010 -- buoyed by strong sales in LED televisions -- as sales were up almost 20 percent, to 8.55 trillion won ($7.6 billion).
Well the call just finished up, and Sammy provided some prognosication for 2012. It anticipates the mobile business to continue to grow, with LTE and and new market segments (read: Galaxy Note) helping drive sales. TV sales are also expected to remain on the uptick, as Samsung anticipates demand to continue growing due in part to the London Olympics and roll-out of more Smart TVs. Feel free to check out all the numbers giving Samsung reason for its optimism at the source link below.
Samsung 2011 Q4 earnings official: $42 billion in sales, $4.7 billion operating profit originally appeared on Engadget on Thu, 26 Jan 2012 19:37:00 EST. Please see our terms for use of feeds. Permalink*|*Email this*|*Comments
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| Ask Engadget: Is there a Roku DVR? |
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Jan 27, 2012 - 10:02 AM - by HDTV News Poster
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We know you've got questions, and if you're brave enough to ask the world for answers, here's the outlet to do so. This week's Ask Engadget inquiry is from Jaime, trying to escape the tyranny of Windows Media Center with a DVR-enabled Roku. If you're looking to send in an inquiry of your own, drop us a line at ask [at] engadget [dawt] com. I gave up cable TV last year, making do with a (not very user-friendly) HTPC running Windows 7 Media Center. I watch free over-the-air HD and Netflix, but WMC is buggy and crashes a lot. Is there a Roku-style streaming player that has a built-in TV tuner and DVR functionality in addition to Netflix, Hulu and other services? Any help would be greatly appreciated! Our first thought was to hook up a Roku with Nowhere DVR and Elgato's EyeTV, but perhaps there's a device that's even simpler to set up that wedges both functions into a single unit without any sort of tweaking required. If you know the inside-skinny, rock on over to the comments and holler.Ask Engadget: Is there a Roku DVR? originally appeared on Engadget on Sat, 14 Jan 2012 22:28:00 EDT. Please see our terms for use of feeds. Permalink* *|* *|*Email this*|*Comments
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| Samsung estimates operating profit of $4.5 billion on cellphone, hard drive biz sales |
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Jan 27, 2012 - 10:02 AM - by HDTV News Poster
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Fourth quarter estimates for Samsung's earnings are out and wouldn't you know it, selling a record number of mobile phones -- more than three times over what it sold in the same period last year -- is a pretty good way to turn a profit. Businessweek notes it closed the three months ending in December with an operating profit of 5.2 trillion won ($4.5 billion), beating analyst estimates. Other than the more than 300 million phones it sold, there was also a bump from the $1.38 billion sale of its hard drive business to Seagate that helped overcome drops in profits from its chipmaking and flat-screen units. Detailed results are expected later on this month, but The Wall Street Journal reports Samsung expects to notch an operating profit of 16.2 trillion won ($14 billion). Here's hoping it takes a break from counting up all that cash to show off a few things better and brighter next week at CES. Samsung estimates operating profit of $4.5 billion on cellphone, hard drive biz sales originally appeared on Engadget on Thu, 05 Jan 2012 22:50:00 EST. Please see our terms for use of feeds. Permalink*|*Email this*|*Comments
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| A Red Scarlet-X 4K tour around CES 2012 (video) |
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Jan 26, 2012 - 10:18 AM - by HDTV News Poster
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For the third CES in a row, our old friend Ted Schilowitz has stopped by to let us drool over Red's latest high-end cameras. And boy, this is one helluva camera we have this time. You may recall that last year we were shown a working Scarlet prototype with 3K video resolution and a fixed lens; but fast forward to 2012 and we have the Scarlet-X, a sturdy 4K beast that not only supports interchangeable lens, but it's also actually out on the market. Obviously, the $9,700 base price (excluding the Canon EF lens mount; Nikon and Leica mounts coming soon) is aimed at film studios instead of us regular Joes, but Ted was kind enough to spend a whole afternoon showing us all the goodness on the Scarlet-X -- we even got to play with it on the CES show floor, and unsurprisingly, this Red kit became quite the celebrity. Read on to find out how we got on with it.
Continue reading A Red Scarlet-X 4K tour around CES 2012 (video) A Red Scarlet-X 4K tour around CES 2012 (video) originally appeared on Engadget on Fri, 13 Jan 2012 21:26:00 EDT. Please see our terms for use of feeds. Permalink* *|* *|*Email this*|*Comments
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| Hulu CEO recaps the year 2011: 1.5 million on Hulu Plus, no new owner |
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Jan 25, 2012 - 10:36 AM - by HDTV News Poster
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2011 has come to an end and somewhat surprisingly, Hulu has not changed owners. Following what has become a quarterly habit, CEO Jason Kilar has taken up his blogging pen to recount the company's successes. Hulu Plus has grown to include 1.5 million paying subscribers, which he expects will make up more than half of Hulu's business later this year, while adding 105 percent more content. Expect that trend to continue, with plans to invest $500 million or so in content next year. Of course, this may not do much for those dissatisfied with its ad-supported business model and windowing of content, but right now the focus seems to be on pleasing content owners, who he claims can profit more per subscriber with Hulu than any other service. Check the post for more details and feel free to speculate in the comments what 2012 may hold for the video streaming site -- our money is still on a surprise buyout by Lycos.Hulu CEO recaps the year 2011: 1.5 million on Hulu Plus, no new owner originally appeared on Engadget on Fri, 13 Jan 2012 04:18:00 EDT. Please see our terms for use of feeds. Permalink* *|*  Hulu Blog *|*Email this*|*Comments
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| Delawareans rejoice as DuPont builds OLED TV testing plant in Newark |
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Jan 25, 2012 - 10:36 AM - by HDTV News Poster
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The State of Delaware has bust out a grant of $920,000 for DuPont's obsessed project to bring OLED TVs to the masses. It's building a facility at the Stine-Haskell Research Center in Newark with the chemicals-giant stumping $30 million out of its own back pocket. The new unit will employ 35 people to investigate the possibility of producing Organic Light Emitting Diodes for use in televisions for a fraction of the current cost. In comparison, the OLED TVs we saw at CES could retail for as much as $10,000, enough to make sure you don't ask Grandma for one next Christmas. The line will be used to test the "spray printing" methods that can print a 50-inch TV in under two minutes we saw in 2010. DuPont's obliged to keep the facility open for five years, or it'll expect angry civil servants to storm the building looking for a million dollars worth of stationery in return. Delawareans rejoice as DuPont builds OLED TV testing plant in Newark originally appeared on Engadget on Tue, 24 Jan 2012 21:05:00 EST. Please see our terms for use of feeds. Permalink*|*Email this*|*Comments
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0 Replies | 14 Views
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