Samsung has today announced its estimated earnings for Q1 2013, and it looks like the Korean electronics giant is set for another record quarter, exceeding Wall Street expectations. The company has forecast a 53% rise in profit to 8.7 trillion won ($7.7 billion) for the three-month period between January and March, driven by smartphone sales.
Google just announced its earnings for Q4 2012, and guess what? They made a ton of money. We’re shocked.
Actually, Q4 2012 was really great for Google. The company earned $14.4 billion in revenue, which is 36% better than what they did last year. While we tend to think of Google as an American company, only $5.99 billion of that revenue came from the U.S. while the rest was made in international markets.
A day after AT&T announced its “best-ever” quarter for smartphone sales, rival operator Verizon Wireless is doing exactly the same thing. The carrier has announced that it expects to have reached a record 9.8 million sales during the fourth quarter of 2012, and it’s attributing that success to the popularity of the iPhone.
AT&T will announce its earnings for the fourth quarter of 2012 later this month, but the carrier has today confirmed that the quarter saw its “best-ever” sales of both Android and iOS devices. More than 10 million smartphones were sold during the three-month period, with an average of more than 110,000 smartphone sales a day.
It seems financial printer RR Donnelley made one hell of mistake earlier today, causing Google’s stock to drop 9% before Google was able to halt trading. What did they do? They filed an early draft of Google’s earnings without authorization.
