Andre Yoskowitz
6 Apr 2013 20:54
Samsung has announced quarterly earnings guidance this week, saying they expect $7.7 billion in profits for the Q1 2013, a large 53 percent jump year-over-year (YoY).
While still massive, the profit will be slightly smaller than the company's fourth quarter record of $8.3 billion and break Samsung's five quarter streak of new records.
The company will announce the earnings later this month.
Seeing a slight dip was expected as the Galaxy S4 is not ready for launch until later this month, meaning there should be a strong sales bump in the Q2.
Samsung sold over 70 million smartphones during the quarter, according to estimates.