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Samsung Expects Record Breaking Profit Chaitali Gawade | , 10:48 a.m. Oct. 5, 2012 2012-10-05

Samsung has reported, it's earning guidance for Q3 2012. It expects another record breaking profit in this quarter, the fourth in a row. The company aims to achieve an operating profit of $7.28 billion. If realised, this figure will be double the amount that Samsung earned in Q3 2011, and very much larger than the $5.86 billion that it earned in the last quarter.

The reports of the earnings will be released before 26th October. The various departments will be broken down in this report, to assess the real contribution of the mobile departhment in the company. However, its reasonable to assume that a lot of Samsung Galaxy SIII's will have contributed towards this figure. More than 20 million have already been sold last month.

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