Samsung set to post record Q3 profits of $6.2 billion, thanks to the Galaxy S III

Samsung profits to surge thanks to the Galaxy S III, looking to post $6.2 billion for Q3.

@anthony256

Published Sun, Sep 9 2012 7:31 PM CDT | Updated Tue, Nov 3 2020 12:27 PM CST

Riding on the wave of success of their super successful Galaxy S III, Samsung are poised to record a record Q3 profit of $6.2 billion. The Yonhap reports that according to analysts, Samsung could see an operating profit of $6.2 billion, up from $5.9 billion in Q2.

Samsung set to post record Q3 profits of $6.2 billion, thanks to the Galaxy S III | TweakTown.com

It wasn't too long ago that Samsung had announced they sold 20 million Galaxy S III handsets in just 100 days, as well as announcing and releasing the Galaxy Note II and the Galaxy Note 10.1.

Quarterly sales are estimated to have expanded by 24.5% to reach $45.5 billion or so, which sports a 78% year-over-year increase.

NEWS SOURCE:thenextweb.com

Anthony Garreffa

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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