Samsung Electronics on Friday reported a record 8.1 trillion won ($7.3 billion) in operating profit for the July to September quarter.
The giant’s performance for the just-ended quarter was buoyed by the success of its smartphones particularly its flagship Samsung Galaxy S III smartphone.
However, other parts of the business, especially the manufacture of DRAM memories, are suffering from a slowdown.
The record profit for the South Korean tech behemoth is nearly double its 4.25 trillion won operating profit for the same quarter last year.
Furthermore, that record Samsung quarterly operating profit is also way ahead of analyst estimates averaged at about 7.6 trillion won.
The record operating profit comes as Samsung was smacked with a $1.05-billion damages charge by a jury verdict in California in August for a case against Apple.
However, it is important to note that operating profit does not reflect other costs such as legal costs. Operating profit, however, is a gauge for successful business operations.
Samsung Electronics is expected to reveal its full financial report for the July to September quarter on October 26.
Image from samsungtomorrow on Flickr (CC)