0
Wireless

Samsung Q2 outlook falls short of expectations

Friday 5 July 2013 | 08:36 CET | News
Samsung said it expects to report sales of KRW 56-58 trillion and operating profit of KRW 9.3-9.7 trillion for the second quarter. That's up from sales of KRW 47.60 trillion and operating profit of KRW 6.46 trillion in the second quarter of 2012. Samsung's shares fell almost 4 percent after the news, as the forecast fell short of market expectations for the Korean company's quarterly earnings. A poll of 34 analysts by Bloomberg estimated on average an operating profit of KRW 10 trillion for Q2.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: Samsung
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Samsung growth slows in Q3

Published 04 Oct 2013 09:06 CET | World
Samsung said it expects to report operating profit of KRW 9.9-10.3 trillion and revenues of KRW 58-60 trillion for the third ...

Samsung profits up strongly on smartphone growth

Published 26 Jul 2013 08:52 CET | World
Samsung Electronics has reported a strong increase in second-quarter profits, led by its expansion in the mobile market. The ...

Samsung to offer 1 mln copies of Jay-Z's new album

Published 17 Jun 2013 10:30 CET | United States
Samsung has acquired 1 million copies of Jay-Z's upcoming album 'Magna Carta Holy Grail', scheduled for release on 4 July. ...

Samsung Galaxy S4 sales exceed 10 mln

Published 23 May 2013 04:01 CET | World
Samsung Electronics has seen sales of its Galaxy S4 smartphone exceed 10 million units globally. The milestone happened 20 days ...

Samsung captures 95% share of Android Q1 smartphone profits

Published 16 May 2013 12:55 CET | World
Global Android smartphone operating profits reached an estimated USD 5.3 billion in the first quarter, or 43 percent of the ...

Samsung Q1 profit up 42% on strong mobile sales

Published 26 Apr 2013 08:40 CET | World
Samsung Electronics reported a strong increase in first-quarter results, led by its mobile phone activities. Revenues rose 17 ...

Samsung outspends Apple in mobile marketing, advertising

Published 13 Mar 2013 19:38 CET | World
Outspent by rival Apple more than three to one in advertising for mobile phones in the US in 2011, Samsung responded with ...





Calendar   /   Industry Events

30 Nov Zoom Video Communications Q3 2020
30 Nov NexTV Series MENA
01 Dec Hewlett Packard Enterprise fiscal Q4
01 Dec 5G Italy
01 Dec NGON & DCI World
02 Dec FTTH Conference
02 Dec Microsoft AGM
02 Dec Telia EGM
03 Dec Marvell Technology fiscal Q3
03 Dec GCX fiscal Q2
03 Dec Liberty Latin America AGM
::: More Calendar Items