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Samsung posts $6.4B Q1 profit, down slightly from Q4 2012

2013-04-26 02:20:03| CNET News.com

South Korean electronics giant credits continuing strong sales of handsets in emerging markets. [Read more]    

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Samsung sees operating profit jump 49 percent on mobile sales

2013-04-05 15:28:27| InfoWorld: Top News

Samsung Electronics said today that it expects a first-quarter operating profit of between 8.5 trillion won and 8.9 trillion won ($7.6 billion to $8 billion), a sharp increase of at least 49 percent from a year earlier. Market watchers said the Korean electronics giants appears to be poised to post better-than-expected results despite seasonally slow first-quarter demand for IT products and costs resulting from a patent dispute with its biggest rival, Apple.

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Samsung predicts operating profit to jump 49 percent on mobile sales

2013-04-05 15:28:27| InfoWorld: Top News

Samsung Electronics said today that it expects a first-quarter operating profit of between 8.5 trillion won and 8.9 trillion won ($7.6 billion to $8 billion), a sharp increase of at least 49 percent from a year earlier. Market watchers said the South Korean electronics giants appears to be poised to post better-than-expected results despite seasonally slow first-quarter demand for IT products and costs resulting from a patent dispute with its biggest rival, Apple.

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Samsung profit growth continues in Q1

2013-04-05 09:06:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics announced preliminary results for the first quarter showing sales of KRW 52 trillion and operating profit of KRW 8.7 trillion. Profits were better than market expectations, with a survey of 39 analysts by Bloomberg estimating operating profit at an average KRW 8.38 trillion. The results were also up sharply from a year earlier, when Samsung reported revenues of KRW 45.3 trillion and operating profit of KRW 5.7 trillion. The figures are down from KRW 56.1 trillion and KRW 8.8 trillion in the fourth quarter, in line with the seasonal slowdown and Samsung's own guidance for a more difficult smartphone market due to growing competition. The results have also yet to see the impact of the Samsung Galaxy S4, launching later this month. Samsung's full quarterly results will be published on 26 April.

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Samsung First-Quarter Profit Beats Estimates on Galaxy Sales

2013-04-05 06:30:41| Electronics - Topix.net

Samsung Electronics Co. posted first-quarter profit that beat analyst estimates as the world's largest maker of mobile phones boosted sales of cheaper Galaxy handsets in emerging markets .

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