News Summary: Samsung sees quarterly earns at high

Associated Press Published: October 5, 2012

GOOD QUARTER: Samsung Electronics Co. forecast another record quarterly operating profit. The guidance for Samsung's third-quarter earnings showed it was on track to report a record-high profit for a fourth straight quarter.

STRENGTHS AND WEAKNESSES: Strong sales of high-end smartphones are expected to offset weak semiconductor orders.

LOOKING AHEAD: Analysts say a rise in marketing spending will decrease the company's profit in the October-December quarter and sustaining fat margins in premium mobile devices could be increasingly tough.

Trending Now


  1. 1
    Best cities to launch a startup
  2. 2
    Drought-stricken California may restrict outdoor water use
  3. 3
    Eva Mendes, Ryan Gosling pregnancy sparks Twitter shock from fans - NY Daily News
  4. 4
    Advocates for blind, deaf want more from Apple
  5. 5
    World Cup Fan Scores Modeling Gig From Cheering
+ show more