Samsung Electronics Co., Ltd. today announced revenues of 56.06 trillion Korean won (R457.61 billion) on a consolidated basis for the fourth quarter ended December 31, 2012, a 7-percent increase quarter-on-quarter. Consolidated operating profit for the quarter hit 8.84 trillion won (R72.16 billion), representing a 10-percent increase on-quarter, while consolidated net profit for the same quarter was 7.04 trillion won (R57,46 billion). The full-year 2012 operating profit was 29.
In its earnings guidance disclosed on January 8, Samsung estimated fourth quarter consolidated revenues would reach approximately 56 trillion (R456,10 billion) won with consolidated operating profit of approximately 8.8 trillion won (R71,67 billion). Highlighting the quarterly performance, Mobile Communications generated quarterly revenues of 27.23 trillion won (R189,21 billion), a 4-percent increase compared with the previous quarter. The growth was mainly driven by solid sales of Samsung’s GALAXY S III and GALAXY Note ll. All told, operating profit for IT & Mobile Communications, which encompasses four business units including Mobile Communications, was 5.44 trillion won (R44,31 billion) on revenues of 31.32 trillion won (R 255,09 billion).
“Despite uncertainties in Europe and concerns over the U.S. fiscal cliff creating a difficult business environment, we did our best this quarter to achieve strong earnings based on a strategic focus on differentiated and high value-added products as well as our technological competitiveness,” said Robert Yi, Senior Vice President and Head of Investor Relations. “Heading into this year, we are expecting a slow recovery in the component business due to reduced capital expenditures, while competition in the set business will intensify further as demand slows and the mid- to low-end market expands,” he added. Mr. Yi also expressed caution over the continued strength of the Korean won in 2013. (more…)
A few weeks ago we promised you that we would follow up our review of the Cell C Speedstick with some real world speed tests, and here you go. I ran these tests during different times, and also at a few different locations. Overall the speeds are very quick, but there is a definite spike in network speed at off peak hours, a few times my connection reached above 10Mbps, which is great considering SA still has a maximum of 10Mbps of ADSL lines…
In terms of reception I was pretty lucky – I used it in quite a few areas in the Cape Town / Bellville / Stellenbosch areas, and also to a trip to Pretoria, and not once did I have reception problems. I did however once get only EDGE reception in Durbanville (or D’Urbanvale to be precise), despite Cell C’s map indicating full HSPA reception where I was standing – maybe I should tell Trevor eh?
I also found that the reception can be very sensitive – for example at work I found that connecting the modem to a laptop above my table gave me full HSPA speed, whereas connecting to a desktop below my table gave only a WCDMA connection. Maybe your experience would be different. But to be honest – in 90% of my use I had full HSPA+ speeds.
At present I am sharing a PDF file with my Speedtest.net results so far, based on connections to Johannesburg and London. Information includes download and upload speeds, and ping times. I also check how long Youtube videos had to buffer before playing (using standard definition videos). You will also find my signal strength and location info.
Once again I will try to keep this updated over time…