Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales

Source: http://www.engadget.com/2012/07/05/samsung-q2-2012-earnings-projections-galaxy-s/

Samsung's complete earnings results for the April - June 2012 period won't come out until July 27th, but Reuters reports its early guidance to investors estimates the company's profit at a record 6.7 trillion won ($5.9 billion). That's mostly due to strong sales of the ever-expanding (and increasingly targeted by lawsuits) line of Galaxy smartphones. Sales forecasts are slightly below earlier estimates, and while there's no specific numbers for each division, a Bloomberg breakdown of analyst predictions suggests there should be more good news to go around later this month.

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Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales originally appeared on Engadget on Thu, 05 Jul 2012 20:34:00 EDT. Please see our terms for use of feeds.

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