Samsung Q2 2013 earnings confirm record profits after Galaxy S4 launch

Dsc_4935_large

Earlier this month, Samsung released its guidance for its Q2 2013 earnings and today the company has essentially made them official, making 9.53 trillion won (around $ 8.5 billion) in operating profit on revenues of 57.46 trillion won (about $ 51 billion). As we noted when the guidance was released, both are the highest Samsung has ever posted in a single quarter but fell short of Wall Street’s expectations.

Continue reading…

The Verge – All Posts

Leave a Comment