By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Dmick90 on 09 March 2013
Edit Thread
GamersAreTrash said:
Dmick90 said:
GamersAreTrash said:
Dmick90 said:
JoeTheBro said:

 

 

"Dow Jones Newswires briefly reports on an article from the Korea Economic Daily claiming that Apple is set to sign contracts that would see Samsung providing $7.8 billion in parts for Apple's mobile devices this year, making Apple Samsung's largest customer." Simple math tells us that more than a third of Samsung's profits come from Apple. Apple is a much more profitable company than Samsung. Samsung is bigger by revenue and assets but Apple is far bigger in profits. What Samsung makes on TVs, Computers, Galaxy phones/tablets, and refrigerators (lol) is peanuts compared to what Apple makes. Apple made double what Samsung made in profits for 2012.

Many of those 80 different companies operate under the Samsung name as separate entities and are simply affiliates or alliances with other companies. The majority owned which are the subsidiaries, where most of the revenue and profits come from are Samsung Electronics, Samsung Life Insurance, Samsung Heavy Industries, etc.

I see someone can't distinguish between revenue and profits. Take a business class before commenting on things you have no knowledge about. That $7.8 billion is for REVENUE, not profits. The profits Samsung makes from Apple's orders is probably less than $1 billion. 

And as I said before, Samsung's $43 billion in profits from 30 of its 80 companies is greater than Apple's $41 billion. You apparently don't know how the Lee family has a giant web of stock ownership on all the "separate" Samsung entities. 

Give me a source before spouting off bullsh.. Where does it say how much revenue or profits they make on parts? Let me guess Wikipedia right? Samsung made about $2 billion from the iPhone alone for Q4, and that's not even counting iPads or iPods. Maybe you need to take a math course. Maybe you can't tell the difference between quarterly profits and annual profits. Here's a breakdown of the Samsung parts: It costs $26 for the flash memory, about $12 for the RAM memory, and about $8 for the A4/A5/A6 processors. For a total of about 46 dollars in parts x 37 million iPhones sold in the 4th quarter = about $1,702,000. Which is near $2 billion. Add the 4 quarterly profits up and throw in the portion of iPad/iPod parts and you get near $8 billion in profits.

Here's my source: http://www.economist.com/blogs/dailychart/2011/08/apple-and-samsungs-symbiotic-relationship 

Mind you that source is from Aug 2011 so Samsung's profits are much higher than that now as Apple sells more iPhones/iPads/iPods.