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Samsung Expects Record Earnings For Q2 Thanks To All Those Galaxy Fone


Spartan

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[img]http://www.blogcdn.com/www.engadget.com/media/2012/06/dsc00836.jpg[/img]

Samsung's complete [url="http://www.engadget.com/tag/samsung,earnings"]earnings results[/url] for the April - June 2012 period won't come out until July 27th, but [i]Reuters[/i] reports its early guidance to investors estimates the company's profit at a record 6.7 trillion won ($5.9 billion). That's mostly due to strong sales of the ever-expanding (and increasingly targeted by [url="http://www.engadget.com/tag/samsung,lawsuit"]lawsuits[/url]) line of Galaxy smartphones. Sales forecasts are slightly below earlier estimates, and while there's no specific numbers for each division, a [i]Bloomberg[/i] breakdown of analyst predictions suggests there should be more good news to go around later this month.

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