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Samsung announces record earnings in the third quarter of 2012

Samsung has announced that it expected record profits of 5.6 billion euros in the third quarter.



The South Korean giant announced Friday a record quarterly operating profit of 5.6 billion euros.

The result shows a fourth consecutive record for Samsung, with profits exceeding widely predicted by analysts. Samsung has doubled its profits in a year.

Sales over the same period reached 35 billion euros for the whole catalog Samsung. The manufacturer has sold 58 million phones, including 20 million Galaxy S3 - impressive statistics.

Expected benefits for the whole of 2012 would be around 18.5 billion euros

However, the joy of Samsung could be relatively short-lived, as analysts point out that the defeats against Samsung in Apple Legal will eventually harm the manufacturer.

Reuters also notes that the electronics market will suffer in 2013:

"Analysts expect a decline in revenues of the leading manufacturers in the second quarter of 2013, declining to lower computer sales and the overall economic situation"

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