April 6, 2012 09:54 am EDT

Samsung expects to double Q1 profit versus last year, sends itself a love note

Sammy has issued guidance for its financial performance between January and March 2012, ahead of a fuller earnings report due later this month. In contrast to HTC's latest news, the Korean giant looks rosy enough -- it's predicting an operating profit of 5.8 trillion won ($5 billion), which is almost double the quarterly profit from last year. Overall revenues continued to grow steadily too, rising nearly 22 percent to 45 trillion won ($40 billion). We'll need to wait for more detail to see where the growth is coming from, but it'd be cheesily nice to think our affection for the Galaxy Note had something to do with it.

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Samsung expects to double Q1 profit versus last year, sends itself a love note originally appeared on Engadget on Fri, 06 Apr 2012 05:54:00 EDT. Please see our terms for use of feeds.

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