Samsung has reported that its quarterly earnings have soared, thanks to record sales of the Galaxy line of smartphones. In the end, Samsung's profit has gone up by 76% year over year, and up 25% quarter to quarter. Both figures are impressive, and show that, as the only company that can clearly stand up to Apple, Samsung has benefited from the explosive growth of mobile devices. In the end, Samsung reported a $4.7 profit for the fourth quarter and wowed to increase its R&D expenses by 9% to continue advancing its products at a rapid pace.
Ubergizmo, Samsung revenues and profits soar
