Samsung has released a
preliminary report of its earnings in the first quarter of 2012. In the report
revealed that Samsung profits have soared nearly doubled thanks to the
best-selling smartphones such as Samsung's own Galaxy Galaxy S II, Samsung and
Samsung Nexus GALAXY GALAXY Note. initial figures show that Samsung's operating
profit of 5.8 trillion won, or 5, 15 billion dollars of total revenue 45
trillion won. This advantage over analysts' estimates by 5 trillion won,
although below the estimate of JP Morgan and Citibank are at 5:28 billion
dollars.
These figures are
surprising analysts and fund managers. They also hope that there will be growth
in the second quarter to 6,5-7.5 trillion won of revenue of approximately
48.4-49 trillion won. Although in this period will incur the cost of the
Samsung Olympic Games, but Samsung's business is not expected to decline.
Profit margins from
handset business also risen above 20%. Higher sales of handsets such as the
Galaxy-class Note has helped improve margins ahead of analyst estimates.
Source teknoup
Tag :
samsung
0 Comments for "Samsung Reveals their Profit for 2011"