Though details were scarce, it looks like Samsung just blew the doors off its earnings in the second quarter.
The company issued a slim earnings guidance announcement today that said it will report $12.1 billion in profit on $52 billion in revenues for the three months ending June 30. That would represent a jump of 18 percent in revenues compared to the same period a year ago, and an increase of 72 percent for profits.
Those profits would be the largest in the company’s history. However, Samsung notes that these numbers remain estimates and represent the median of a possible range of actual figures.
