Friday, October 5, 2012

Samsung outs Q3 2012 earning guidance, expects another record

Samsung outs Q3 2012 earning guidance, expects another record

Today Samsung announced its earning guidance for Q3 2012 and expects yet another record breaking quarter (fourth in a row). According to the preliminary report, the company is expecting an achieve an operating profit of $7.28 billion. In fact, this is more than double the operating profit Samsung got in Q3 2011 and considerably more than the last quarter's $5.86 billion. Consolidated sales are estimated to be around $46 billion.

In the full Q3 2012 financial report, which is expected to be released before October 26, everything will be broken down by departments, so that we can see how big of a role the mobile department has played.

GSM Arena , Samsung outs Q3 2012 earning guidance, expects another record, Samsung outs Q3 2012 earning guidance, expects another record

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