Jan 06 AT 8:22 AM Dustin Earley 25 Comments

Samsung posts record breaking fourth quarter profits

Samsung 300 million

Samsung’s fourth quarter numbers for 2011 are in, and they are impressive to say the least.

Fueled by the 300 million phones sold in 2011, an estimated 32 million smartphones in the fourth quarter alone, Samsung beat out analyst’s predictions with a $4.5 billion quarterly operating profit.

Samsung also made a profit by selling their hard drive division to Seagate, but that money mostly went towards balancing the budget in other less profitable areas, like television and chip manufacturing.

Traditionally, profits fall from the fourth to first quarter of the year. However, a strong showing at CES and a wide variety of available devices should keep profits strong for Samsung in the first quarter. Analysts predict Samsung will make as much as another $4.5 billion in Q1, 2012.

Beating Apple out as the world’s top smartphone vendor in the third quarter of 2011 was no easy task, but clearly it’s paid off. Not only has Samsung earned the right to manufacture the last two Google Nexus phones, but they’re also making a killing with their own Galaxy series, along with tablets and other devices like the Galaxy Note.

This year is undoubtedly going to be huge for Samsung. And Android is going to be pivotal part of it. Galaxy S III, Galaxy Tab 11, Galaxy Nexus 2: Which Samsung devices are you most looking forward to in 2012?

Source: Reuters

Dustin Earley: Tech enthusiast; avid gamer; all around jolly guy.

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    Samsung has really taken over…only seems to get stronger in 2012. My Nexus should keep me happy until the next one. if its a Samsung again, I will get it. Then again if it is any other maker I will still get it. My loyalty is to Android not a manufacturer

    • BiGMERF

      I should have said, my loyalty is to “pure android” with updates from Google. Not a manufacturer

      • Richard Yarrell

        Yes sir i support the PURE ANDROID ONLY EXPERIENCE…Nothing beats this. .

  • n25philly

    Meh, good for Samsung but I’m tired of their BS and the carriers as well. Sick of how ridiculously long it takes for their phones to the US. Also still pissed that they blocked the Note from working with T-mobile even though the chip in the phone supports the bands.

  • Wilson Lara

    I know Samsung is good at what they do, but should they really be allowed to manufacture another Nexus Device? It just seems rather ridiculous. The Nexus name is starting to become synonymous with Samsung. I don’t think another Samsung Nexus is warranted.

    • ben dover

      So if HTC would have been chosen then the nexus name would have become synonymous with HTC? that would have been 2 HTC nexii vs 1 Samsung nexus.

      I understand what you’re saying though with Samsung making two nexii in a row but Samsung is pushing the bar a bit more than HTC at this time and Google went with the best.

      • http://nickvettesephotography.com Nicholas Vettese

        I believe that Google listens and sees what each manufacturer is presenting for the Nexus, and picks the one that thrills them the most. I think that Samsung is far ahead of the pack when it comes to technology, and it shows.

        When Samsung announces a new product, I listen. I think that their troubles with Apple aren’t troubles, but more of a launchpad to be creative and create better, more technologically advanced products.

        Apple used to lead in the tech area, but Samsung has been pushed to go beyond what Apple and others are doing because they are being forced to think that way.

    • redraider133

      Each manufacturer gets to bid on the nexus and if samsung put in the best bid so be it. If google was that worried about it they would allow the OEM to have the nexus once and then others get a chance at it but they have not done that.

  • ben dover

    I helped +1 that number with the purchase of my Galaxy Nexus :)

  • damambt

    galaxy nexus & sgs2 can take the credit for 2011.

  • triangle

    Samsung released the some of the best products of 2011. From the Galaxy S2 to the Galaxy Nexus, Galaxy Tab and Galaxy Note, no other manufacturer delivered a better product lineup in the Android universe in 2011. I love my Galaxy Nexus (now if only Verizon can keep their 4G LTE network working properly).

  • stenzor

    Nice. Good work Samsung!

  • http://nickvettesephotography.com Nicholas Vettese

    I think that this will be a banner year again for Samsung. But they need to give back a little in the way of updates for their devices. I know that ICS will help, but Samsung has had ICS for quite some time, and there is no need to stall on updating their devices.

    If their skin, TouchWiz, isn’t an easily upgradeable application, then they should revert to pure Android until they can make it happen. This way, people are getting their upgrades, and Samsung is keeping happy customers.

  • Sir Alex

    The Samsung Galaxy player is awesome.

  • futurejohn

    I know my family certainly helped. All five of us got new phones and four of them were made by Samsung!

    • R.S

      There are five happy Samsung smart phone owners in my family as well. The phones are two Sidekicks, two Exhibits, and my Galaxy S II.

  • Trinhbo

    It’s good to see Samsung take it to Apple and show that they can be very profitable in the mobile device space. And all of this competition will continue to benefit the consumers like you and I.

    • http://nickvettesephotography.com Nicholas Vettese

      I also feel that with HTCs decline in profits for the last quarter, you will see them competing a little better too, which will make for one heck of a 2012. The competition within Android’s phone/tablet Market are what drives us to purchase.

      Yes, there may be too many choices, but we are now seeing these companies look at Quality v Quantity. And that will only benefit the consumer.

  • Nathan D.

    Just wait for this years products =)

  • Mancream Sandwich

    Ap mobile data sucking just for you. Yum Yum

  • redraider133

    Samsung seems to understand what people want in a phone and continue on that each and every year. They have something good with the galaxy line and it only continues to improve ahead of the competition from year to year.

  • http://www.jimtravis.com jimtravis

    Becoming huge fan of Samsung. Love my new Nexus, Note is already my favorite, and my “take with me everday” tablet is the 8.9 Tab which replaced, you guessed it, a 7″ Tab. Last 2 TV’s were Samsung. As I was typing this comment, realized I am becoming a defacto Samsung fanboi.

  • Richard Yarrell

    Absolutely i applaud Samsung 100% my fondness for Samsung started in Feb 2011 when the Galaxy S2 launched. But i still purchased my Htc Evo 3d in June because my Evo 4g was the granddaddy of all 4g device and i loved my Evo family. Things changed for me when i saw (ics) in October and new in my heart that stock android was ready for prime time. I had a run for 2plus weeks with the Galaxy S2 Skyrocket and that device was so beautiful and that device offered me the bridge to learn Samsung and enter my Galaxy Nexus. Stock android is my love now and i support Google and android all the way and look forward to the next Galaxy Nexus running jellybean. Meanwhile my Galaxy Nexus is it for me for a while unless i purchase the next Nexus tablet or the Galaxy Note comes to Verizon which really is where it belongs. If verizon brought that home then yes i would add my third line to my verizon acct and couple my Galaxy Nexus with the Galaxy Note that’s my DREAM…….

  • lokidokie

    Good on them. They’ve made some cracker devices of late.

  • sylar

    Well I can understand this, the new nexus and the SGSI didn’t hurt them much i would say.