Samsung today issued a prediction of record operating profits for the third quarter of 2013. As the largest global producer of smartphones, Samsung posted third-quarter projections of between 9.9 trillion and 10.3 trillion won (£5.75 billion and £5.98 billion). This figure is equal to the GDP of The Republic of Macedonia.
The estimate represents a growth of between 22.8 and 27.8 per cent on the 8.06 trillion won (£4.68 billion) posted in the third quarter of last year, but a slowdown of the breath-taking 47.5 per cent rise it experienced in this year's second quarter.
It's estimated that Samsung shipped between 85 million and 89 million smartphones in its third quarter. Still, this amazing success will surely have shareholders demanding that the Seoul-based company spread its dividends a little more thickly.
The announcement may also not have the desired effect on the company's low stock prices, despite the recent recovery from its 2013 low. Samsung gets two-thirds of its operating profit from its lucrative mobile business, and alongside its bitter rival from Cupertino, has more or less buttoned up the high-end smartphone market. The problem is that mid- and low-priced phones are taking larger chunks of the market all the time, and the sustainability of Samsung's model is increasingly being called into question.
These doubts mean that, despite posting such impressive gains, Samsung's stock prices ended the day almost completely unmoved.
This will also have shareholders demanding some return on heir investment. They'll be looking at the fact that last year Apple announced its first dividend in more than ten years after pressure from top investors. With Samsung's cash pile looking to top $100 billion (£62.2 billion) by 2015, some of that pressure might start coming the Seoul firm's way too.
Nevertheless, with HTC posting another preliminary third-quarter loss of nearly 2.97 billion New Taiwan dollars (£62.86 million), the feeling in South Korea must be that things, on balance, could be much worse.