Disqus
It’s quarterly earnings week and now it’s Samsung’s turn to chime in with its Q2 2012 financial report. In the quarter, Samsung reported a record operating profit of $5.9 billion (6.72 trillion won), most of which was the result of strong smartphone and display sales. This figure is up 79 percent year over year.
Samsung’s Mobile Communications Business was the driving force in this quarter, bringing in $18 billion (20.52 trillion won) in revenue. This represents a 75 percent increase from the same quarter last year. Samsung didn’t release detailed smartphone numbers, but it did say the Galaxy S III and the Galaxy Note contributed greatly to this growth. While the handset and display business did well, profits from Samsung’s semiconductor business declined 38 percent year over year.
[Via Reuters]
About The Author
Kelly Hodgkins
Kelly spent the last four years covering mobile technology at places like BGR, Gizmodo and The Unofficial Apple Weblog. Before writing, she spent a few years working with and teaching others how to use Adobe Flash and Macromedia Director. Even earlier than that, she spent several years as a Ph.D student in Microbiology. When she's not writing, she can be found fishing the lakes and hiking the mountains of Western Maine with her husband and tribe of children. You can follow her on Twitter @kellyhodgkins.
