Samsung’s Earnings Guidance Predicts Another Record Quarter
Samsung might have sold a whopping number of 500 handsets per minute in the last quarter of 2012, as we reported yesterday, and today’s earnings guidance for the fourth quarter of 2012 issued by the company prefigures yet another record-breaking quarter.
The consolidated operating profit is expected to be in the range of 8.6 – 9.0 trillion Korean won, most probably around 8.8 trillion Korean won (8.28 billion U.S. dollars). Consolidated sales for the third quarter of 2012 are at 52.18 trillion Korean won (49.10 billion U.S. dollars) while operating profit is recorded at 8.06 trillion Korean won (7.58 billion U.S. dollars).
Revenues for fiscal 2012 are estimated at 201.05 trillion Korean won (189.18 billion U.S. dollars) on consolidated basis, and operating profit is expected to be 29.01 trillion Korean won (27.29 billion U.S. dollars).
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