Samsung’s Q2 2012 Earnings: Smartphone Business Propels $41.5B In Revenues, $5.9B In Profits
Jordan Crook studied English Literature at New York University before entering the tech space. Prior to joining TechCrunch, Crook dabbled in mobile marketing and mobile apps as well as doing device reviews for MobileMarketer and MobileBurn. Crook is fascinated with alternative energy production and greentech. She is now a writer for CrunchGear. ? Learn More Samsung has just reported its Q2 2012 earnings, and it would seem that the Korean electronics giant is still the king of mobile, with an operating profit of $5.9 billion for the period, up 79 percent year over year. Of course, the Galaxy S III and the Galaxy Note have plenty to do with that, considering the fact that Samsung predicted it would sell 10 million Galaxy S III units by July. And that’s just what it did. The company reported $41.5 billion in revenues, which is up about $1.5 billion from last quarter, and up 21 percent year over year. Samsung is killing it in the TV department, though the company does report that demand ...