Samsung's cash pile triples in one year, now worth $28.5B after debt

245

Comments

  • Reply 21 of 84
    geekdadgeekdad Posts: 1,131member

    Quote:

    Originally Posted by Chandra69 View Post


    Did I say something wrong?



    No....sorry never meant to imply that....I was talking about the Samsung article. Not anything you posted.....

     0Likes 0Dislikes 0Informatives
  • Reply 22 of 84
    sacto joesacto joe Posts: 895member
    geekdad wrote: »
    I guess the thing is if one of us posted this here.......we would get BLASTED for doing so.....
    Dude, lighten up. It's important to know this kind of stuff. And as a news aggregator, Apple Insider is just doing its job.
     0Likes 0Dislikes 0Informatives
  • Reply 23 of 84
    jungmarkjungmark Posts: 6,928member
    Can't wait for Sammy's investors to demand their share!
     0Likes 0Dislikes 0Informatives
  • Reply 24 of 84
    geekdadgeekdad Posts: 1,131member

    Quote:

    Originally Posted by Sacto Joe View Post





    Dude, lighten up. It's important to know this kind of stuff. And as a news aggregator, Apple Insider is just doing its job.


    yeah I agree....but when this gets posted or quoted in other threads then most of the people here claim this is a all pro Apple site and it doesn't belong here.


    I will go back to drinking my coffee now.....

     0Likes 0Dislikes 0Informatives
  • Reply 25 of 84


    got to hand it to them. they knew which company to copy.

     0Likes 0Dislikes 0Informatives
  • Reply 26 of 84
    tooltalktooltalk Posts: 766member

    Quote:

    Originally Posted by TeaEarleGreyHot View Post



    I wonder what fraction of Samsung's $29B is trapped in the USA, lest they have to pay taxes to repatriate the money to Korea? Or doesn't Korea tax money in that way? Does Samsung face tax consequences similar to Apple's?


     


    According to Samsung's sustainability 2012 report[1], their taxes & due was 4.256T (KRW) and 16T in profit. So that's around 25+%.


     


    Apple on the other hand paid $6B (USD) in taxes on $41.7B profit or 14% in the 2012 fiscal year.  I think the NYT once claimed that Apple's effective rate was 9.x% for 2011.  


     


    [1] http://www.samsung.com/us/aboutsamsung/sustainability/sustainabilityreports/download/2012/2012_Facts_and_Figures_FINAL.pdf

     0Likes 0Dislikes 0Informatives
  • Reply 27 of 84
    ankleskaterankleskater Posts: 1,287member


    This should put to rest that Samsung's Galaxy sales numbers are based only on shipment and not real sales. If they only ship and do not sell, they would not be accumulating so much cash.

     0Likes 0Dislikes 0Informatives
  • Reply 28 of 84


    It's shame that they accumulated that much of cash.


    They first need to treat their so-called contracted companies better. You will know what this means.


    Also are the salary of their employee rational for their income? I believe it's far below than expected.

     0Likes 0Dislikes 0Informatives
  • Reply 29 of 84
    solipsismxsolipsismx Posts: 19,566member
    geekdad wrote: »
    I guess the thing is if one of us posted this here.......we would get BLASTED for doing so.....

    That's not true. If you post something in context and in a reasonable way you're get reasonable responses from reasonable people, but if you jack a thread just to create havoc expect the community to respond in kind.
     0Likes 0Dislikes 0Informatives
  • Reply 30 of 84
    anantksundaramanantksundaram Posts: 20,421member

    Quote:

    Originally Posted by AZREOSpecialist View Post



    Is this SamsungInsider?


    Samsung's cash position is a relevant story for Apple. They are one one of Apple's chief competitors, and that kind of a cash pile gives them strategic options that Apple would care about.

     0Likes 0Dislikes 0Informatives
  • Reply 31 of 84
    dasanman69dasanman69 Posts: 13,002member
    lkrupp wrote: »
    All designed to keep the clicks flowing and advertising dollars coming.

    That's Google not Samsung.
     0Likes 0Dislikes 0Informatives
  • Reply 32 of 84
    anantksundaramanantksundaram Posts: 20,421member

    Quote:

    Originally Posted by ankleskater View Post


    This should put to rest that Samsung's Galaxy sales numbers are based only on shipment and not real sales. If they only ship and do not sell, they would not be accumulating so much cash.



    They could just report the volume data like Apple does, and let us future it out for ourselves.....

     0Likes 0Dislikes 0Informatives
  • Reply 33 of 84
    solipsismxsolipsismx Posts: 19,566member
    dasanman69 wrote: »
    That's Google not Samsung.

    He means that's AppleInsider's source of income.
     0Likes 0Dislikes 0Informatives
  • Reply 34 of 84
    dasanman69dasanman69 Posts: 13,002member
    malta wrote: »
    I guess there is money to be made in only shipping phones and never selling them.

    It's not up to them to sell the phones to the end user, the phones are sold to retailers. The money they're making is coming from somewhere, is it not?
     0Likes 0Dislikes 0Informatives
  • Reply 35 of 84
    dasanman69dasanman69 Posts: 13,002member
    solipsismx wrote: »
    He means that's AppleInsider's source of income.

    Gotcha. Nothing wrong with AI trying to make some money of their own.
     0Likes 0Dislikes 0Informatives
  • Reply 36 of 84
    iobserveiobserve Posts: 100member


    they really gotta make samsunginsider.com and put all these stories on and keep them out of here

     0Likes 0Dislikes 0Informatives
  • Reply 37 of 84
    hdtchdtc Posts: 1member


    This should put to rest that Samsung's Galaxy sales numbers are based only on shipment and not real sales. If they only ship and do not sell, they would not be accumulating so much cash

     0Likes 0Dislikes 0Informatives
  • Reply 38 of 84
    geekdadgeekdad Posts: 1,131member

    Quote:

    Originally Posted by SolipsismX View Post





    That's not true. If you post something in context and in a reasonable way you're get reasonable responses from reasonable people, but if you jack a thread just to create havoc expect the community to respond in kind.


    It is true....you know this to be true. Numerous people have posted this and you know it. If something pro Samsung is posted here...then that person is usually chastised for posting that information on a pro Apple site.


    So you mean to say that if I started a thread and posted how well Samsung or Google is doing you would have no problem with it?

     0Likes 0Dislikes 0Informatives
  • Reply 39 of 84
    sflocalsflocal Posts: 6,179member

    Quote:

    Originally Posted by wjdzm View Post



    ...one of the dumbest crap I've heard in months.




    In months?  Get out of the basement more often troll.



    I never knew crap could be dumb.  But then again, considering the person posting...

     0Likes 0Dislikes 0Informatives
  • Reply 40 of 84
    solipsismxsolipsismx Posts: 19,566member
    geekdad wrote: »
    It is true....you know this to be true. Numerous people have posted this and you know it. If something pro Samsung is posted here...then that person is usually chastised for posting that information on a pro Apple site.
    So you mean to say that if I started a thread and posted how well Samsung or Google is doing you would have no problem with it?

    1) It's not true.

    2) Yes, you make a reasonable post it will be received in kind by reasonable people. If you've read most things by Apple ][ you'll see the other side of what you claim and will see plenty of "pro-Apple" jump on him for making foolishly biased comments. He was just called out a day or two ago with some claim that only poor, stupid people use Android.

    3) I think you need to be more diligent in your comprehension as you gave a thumb up to ankleskater in post #28 and again to first time poster hdtc in post #37 for the exact same comment. Exact. Word for word, letter for letter, nine comments later.
     0Likes 0Dislikes 0Informatives
Sign In or Register to comment.