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The samsung Company published the financial report in three quarters on Friday and the report showed that the net profit in three quarters of this company of South Korea had reached a new record of 8.24 trillion, up 26% from a year earlier. In this quarter, the analyst had predicted that Samsung would sell 85 to 89 million Samsung S5260 Smartphone , but as the low-end phones took up the bigger share of phone market, the profit room of the phone began to decrease. The investor relations director of Samsung expressed that in current quarter,Samsung Galaxy SIII was facing more serious problem of price in high-end smartphone market, which might be the inefficient factor in next profit report. About the wearable devices of Samsung leaders which was a very small public market and a little devotion to the earning. In the past quarter, the net profit of Samsung reached 8.24 trillion won comparing with the same term 6.56 trillion won of last year, up 13.2% from a year earlier reaching at 59 trillion won. In early time the highest record is 7.77 trillion won gained in the second quarter. The increasing rate in three quarters had decreased by half than the 47.5% of the two quarters. Although the profit increasing current in Samsung Mini S5570 became slow, it still took up 66% of the total profit of Samsung. Now Samsung has 50 trillion cash current and a part of it is used for purchasing. It is the same with Apple holding 14.7 million US dollar and Samsung is planning how to perfectly use the huge fund. From: http://www.buyunlockphone.co.uk/
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