Samsung Announces Profits of $8.27 Billion For Q4 2012

As Samsung predicted, Q4 2012 was another big one for the company with 8.84 trillion won ($8.27 billion) in operating profits, around double what it reported for the same period back in 2011. Revenue was also up, showing a gain of 18.5 percent from the same period last year. The company reported "strong" sales of its tablets and smartphones, specifically calling out the Galaxy Note II which was last seen crashing through the 5 million sold mark. For its TVs, Samsung claimed overall demand was flat from last year, however a focus on higher end LED models drove higher profits. For the future, Samsung sees the 60-inch and higher market growing in 2013, however Q1 sales are expected to be slow before the new models are introduced. Hit the source link to check out the PDF yourself, we're still digging through the report and listening in on its conference call but we should have more information soon.

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Gartner Contradicts IDC on Apple's Mac Sales Numbers, Up By .2 on Q4

Last week, IDC estimated that Apple's sales of Macs in the holiday quarter of 2012 were down .2 percent year over year. Today, Gartner released contradictory numbers showing an actual growth rate of 5.4 percent from the previous year.

The entire PC market showed a slump in sales from 2011, with numbers pointing to a 4.9 percent drop worldwide for all PCs sold during the quarter. Apple was third in terms of US PC sales in the Gartner ratings, behind HP -- which surprisingly saw a 12.6 percent rise in Q4 2012 in sales year over year -- and Dell, which took a 16.5 percent hit on sales in 2012.

Gartner principal analyst Mikako Kitagawa believes that tablets are having a profound effect on PC sales, "not so much by 'cannibalizing' PC sales, but by causing PC users to shift consumption to tablets rather than replacing older PCs. Whereas as once we imagined a world in which individual users would have both a PC and a tablet as personal devices, we increasingly suspect that most individuals will shift consumption activity to a personal tablet, and perform creative and administrative tasks on a shared PC." [TUAW]

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