Samsung profits sore thanks to smartphone sales

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http://www.talkandroid.com – Things continue to look pretty good for Samsung. They haven’t officially reported their 2nd quarter results yet, but they are estimating that profits will hit 6.7 trillion Won ($5.9 billion), which is a 79% increase over a year ago. As far as sales goes, they’re estimating it to be 47 trillion Won ($41.4 billion), which is actually below analysts expectations of 50 trillion Won. Samsung probably sold 50 million smartphones for the quarter, but analyst estimates were expecting 53.4 million units. The drop isn’t the lack of success of the Galaxy S III. It’s because there (IT news)