Estimated figure still falls short of analyst expectations
Samsung has published its estimated Q2 2013 profits and sales figures, showing record-high operating profits of 9.5 trillion Korean won ($8.3 billion), an increase of 47 percent year-on-year. Second-quarter sales were estimated at 57 trillion won ($49.9 billion). The estimates come ahead of the publication Samsung's full Q2 results on July 26.
However both figures fell short of analysts' expectations, according to a report from Reuters. Averages from 43 polled analysts produced forecasts of 10.16 trillion won in operating profits and 58.7 trillion won in sales.