Sunday, July 29, 2012

Samsung's Q2 2012 earnings show $5.86 billion operating profit, that's a lot of Galaxy S IIIs

Samsung's Q2 2012 earnings show $5.86 billion operating profit, that's a lot of Galaxy S IIIs

The numbers for Samsung's Q2 2012 earnings period are in and it was another big one, with the electronics giant reporting an operating profit of $5.9 billion, driven largely by growth in its smartphone business - just as it predicted. That's up 79 percent from the same period last year, with the Galaxy S III and Galaxy Note specifically mentioned as having contributed to both high sales and higher average selling prices. The company doesn't break out exact selling figures in its earnings reports, however that business unit contributed $3.65 billion in profit to the bottom line.

Engadget , Samsung's Q2 2012 earnings show $5.86 billion operating profit, that's a lot of Galaxy S IIIs, Samsung's Q2 2012 earnings show $5.86 billion operating profit, that's a lot of Galaxy S IIIs

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