Samsung (SSNLF.PK) projects that its Q1 operating profit jumped 53% to 8.7T won ($7.7B), beating...


Samsung (SSNLF.PK) projects that its Q1 operating profit jumped 53% to 8.7T won ($7.7B), beating estimates of 8.38T won, while sales rose 15% to 52T vs consensus of 53T. Samsung doesn't provide a break-down by unit, nor a net profit figure. Seoul-based analyst Lee Sei Cheol says, "In addition to the Galaxy S3, mini models sold well in emerging markets, including China, Brazil and India." (PR)

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