Samsung predicts it will make record $8.3bn in profits in fourth quarter
The South Korean electronics manufacturer says it will make $8.3bn (€6.4bn) in profits on $52.7bn in revenue. That’s a shade better than Apple’s own record high profit of $8.2bn on just $32bn, and shows Samsung is making more money than Apple now if its estimates are correct.
The company said it is on course to achieve its goal of becoming the world’s top home appliances maker by 2015, with sales growing an estimated 50% by then.
