Samsung is all set to announce their quarterly results by July 27th but following somewhat of a tradition for Samsung, they've gone ahead and released some expected numbers ahead of the full announcement.
Samsung has been known to break a few records here and there and clearly they're not expecting this time around to be any different as they offer up a operating profit estimate of between 6.5 trillion won ($5.7 billion) and 6.9 trillion won ($5.9 billion) with their total profits coming in between 46 trillion won ($40 billion) and 48 trillion won.
Sammy’s new super-phone was unveiled just in time to boost sales for the Korean-based company, but unfortunately its release in many parts of the world, including the US, was several times delayed. Regardless of that, the most recent estimates still predict a highly successful and lucrative three months for Samsung, who might just end up breaking records once again.Net profit for Samsung in Q2 could hit KRW 6.72 trillion ($5.91 billion), up from KRW 5.05 ($5.1 billion) in Q1, while total revenue will most likely reach unimaginable heights for Sammy (KRW 50.13 trillion or $44.06 billion, up from KRW 39.44 trillion).
Secondly, the company’s expected “piece of resistance” didn’t manage to get itself out there soon enough to make a difference to the numbers, which is even more impressive for Samsung. The Galaxy S3, initially predicted to ship in over 10 million units in Q2, is now thought to have sold in only 6 million units by the end of June. Now think about how will Sammy’s numbers look in Q3, when the S3 will reach all of its customers worldwide.
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