On October 5, 2012

Thanks to its high-end TVs and Galaxy smartphones, Samsung has reported a record quarterly profit of $7.3 billion – almost twice as much as last year’s figure. That puts the $1 billion it was ordered to pay Apple after its recent patent suit in perspective. Samsung’s run of four straight record quarters is expected to end at Christmas, however. Analysts reckon a huge marketing push to counter the iPhone will mitigate Samsung’s profits. [Source: Reuters]