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Tuesday, 22 January 2019

NBU currency exchange rates


11 July 2013

Samsung estimates that Q2 2013 profit came in at a record-high

The South Korean consumer electronics giant estimates that Q2 2013 profit came in at a record-high $8.3 billion on $50 billion in revenue, but analysts were looking for a quarterly profit of more than $8.9 billion.

Despite the fact that Galaxy S4 shipments remained strong last month — Samsung reportedly topped 20 million units shipped cumulatively earlier this week — analysts are still worried that Samsung cannot maintain the rapid growth it has enjoyed in its smartphone division. Samsung’s Q2 earnings estimate of $8.3 billion represents a 47% increase over the same quarter in 2012 and an 8% improvement over the first quarter this year. 


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