Samsung Revenues

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Samsung posts record $5.9 billion profit on smartphones

rampant sales of its smartphones .... Apple shipped 26 million iPhones in the June quarter .... Samsung is estimated to have increased sales to around 50 million.

The next iPhone is going to have a bigger screen. Apple learned that from Samsung. The next iPad is going to be smaller. Apple learned that from Nexus 7.

Samsung Galaxy S III is the new standard for smartphones.

These court battles are nonsensical.

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No Facebook Phone

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Coming straight from the horse's mouth.

Zuckerberg: It Wouldn't Make Sense For Us To Make A Phone

Facebook is the most-used app on all platforms, so there's little need to get into hardware.

Iterating on the app, keep building a better app, encouraging the use of Facebook Connect as the way people sign into apps: those are better things to be doing.

It is better to be the top app on all platforms than to descend into hardware.

But this might not be Facebook's last word on the topic.

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