Samsung Q2 outlook falls short of expectations

News Wireless Global 5 JUL 2013
Samsung Q2 outlook falls short of expectations
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. Samsung will report full quarterly results later in the month. 

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Financial figures, Consumer devices, Handsets

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