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ECONOMICS - Apple Is Blasting A Multi-Billion Dollar Hole In Samsung's Business (AAPL, SSNLF)

As consumers, it seems to most of us that all Korean gadget giant Samsung makes is TVs, Android phones, Android tablets, some computers, and commercials featuring LeBron James or hipsters in iPhone lines. But actually, Samsung also has a pretty big business making the guts of gadgets for other companies. During the quarter that ended October 25, Samsung generated $8.2 billion in revenue through its semiconductor business. Samsung profited more th ...Apple CEO Tim Cook

http://www.businessinsider.com/apple-is-blasting-a-multi-billion-dolla

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