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Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales

Samsung's complete earnings results for the April - June 2012 period won't come out until July 27th, but Reuters reports its early guidance to investors estimates the company's profit at a record 6.7 trillion won ($5.9 billion). That's mostly due to strong sales of the ever-expanding (and increasingly targeted by lawsuits) line of Galaxy smartphones. Sales forecasts are slightly below earlier estimates, but there will probably still be plenty of good news for investors later this month.Samsung expects record earnings for Q2 thanks to all those Galaxy phone sales...

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Published By: Engadget - Thursday, 5 July, 2012

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