Korean OEM Samsung reported third quarter earnings on Friday and the tech giant announced that for the period, net profit rose 26% to a record high; during the three months, analysts estimate that Samsung sold between 85 million and 89 million smartphones, but with lower end phones making up a larger number of the total units sold, profit margins were down...Source: http://www.phonearena.com/news/Samsung-Q3-earnings-rise-26-to-a-new-record-in-part-from-stronger-smartphone-sales_id48695
