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Friday, July 6, 2012

Samsung forecasts a good quarter, while HTC warns of profit fall

Samsung Electronics has published its pre-earnings guidance for the second quarter of 2012. It estimates that sales revenue will reach around 47 trillion Won and operating profit will be approximately 6.7 trillion Won (£3.8 billion), which would be a 79% year-on-year increase.

It’s a marked contrast to HTC Corporation, where the unaudited results for Q2 2012 show revenue of NT$91.0 billion and net income after tax of NT$7.4 billion (£159 million); a profit figure that’s up from the previous quarter but has more than halved since the same quarter in 2011.

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Author: The Fonecast
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Categories: Handsets and manufacturers, NewsNumber of views: 793

Tags: samsunghtc

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