Samsung announces record $8.5B profit for Q2

Samsung announced a record $8.5 billion in operating profit, beating the $8.3 billion guidance it released early this month. That's up from the $7.9 billion from the previous quarter and $5.8 billion from the year ago quarter. Net profit was $6.99 billion. We were a little wary of reports that Samsung had beaten Apple in profitability, but the Cupertino company (and Samsung's main smartphone...

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By Edwin Kee on 05/03/2012 , filed in Homepage > CellPhones

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Samsung announces record $8.5B profit for Q2
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