Samsung estimates huge Q1 profit for 2012

06 April, 2012

Samsung estimates its operating profit at 5.8 trillion won, which equates to roughly $5.15 billion, which is nearly twice what they posted in Q1 of 2011.

Keep in mind that these numbers reflect sales across all Samsung divisions. Its estimated that 60-70% of these numbers came from handset sales. They'll look to bolster those numbers even more in Q2 and Q3, at which time they'll hopefully announce the Galaxy S III.

Looks like Samsung will have to wait until April 27th to see if their estimate is correct, when Q1 results come out officially.

Source


Reader comments

  • No!
  • 16 Apr 2012
  • PBT

Wow!

  • chaitu
  • 09 Apr 2012
  • w4s

In i-phone the build quility is good for looking only.if drop the iphone from 1 meter distance the screen will broke,but in samsung phones noting will happen.also 60 % of the i-phone hardware is manufactured from samsung only.every one is saying abou...

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