Re:Samsung overtakes Apple as world's most profitable mobile...
by dyinglobster on Sunday July 28, 2013 @12:27AM
(#6115613)
Apple is still more profitable than Samsung.
An initial report by Steve Kovach of BusinessInsider proclaimed "Samsung Made $1.43 Billion More In Profit Than Apple Last Quarter, " before the site realized that it was comparing Apple's after tax net income to Samsung Electronics pre-tax operational income.
The site subsequently corrected its story with a new, less racy headline "How Samsung's Profit Compares To Apple's
An earlier version of this said Samsung made more profit last quarter, but it was comparing Samsung's operating profit to Apple's. We apologize for the error.
An initial report by Steve Kovach of BusinessInsider proclaimed "Samsung Made $1.43 Billion More In Profit Than Apple Last Quarter, " before the site realized that it was comparing Apple's after tax net income to Samsung Electronics pre-tax operational income.
The site subsequently corrected its story with a new, less racy headline "How Samsung's Profit Compares To Apple's
http://appleinsider.com/articles/13/07/27/samsung-has-not-de...
An earlier version of this said Samsung made more profit last quarter, but it was comparing Samsung's operating profit to Apple's. We apologize for the error.
http://www.businessinsider.com/samsung-made-more-profit-than...
OOPS! :)