Comment by CountSessine
13 years ago
Btw, Samsung is so massive and diversified that it is into areas like Construction, Ship Building, Finance, Automobile, Retail
And the only one of them that's making big money right now is mobile. That's where most of Samsung's (and I mean the big diversified company, including building boats and selling insurance) income has been coming from the last 2 years.
Samsung is very focussed on mobile right now.
The irony is that most of Sony's income is generated through their insurance business.
Yeah, and Amazon's profit margins are notoriously and historically razor thin -- interestingly it's a matter of policy. Redirecting profits to other departments for maximizing revenue generation, which results in completely opaque expenditure/profit reports.
Mobile handsets may be the largest slice of the pie, but that's only because it's so easy to pad the margins.
Furthermore there is value to participating in other industries, even if only to break even. The expertise and business relationships are certainly contributing to Samsung's bottom line in ways other than revenue.