SEOUL, South Korea (AP) — Samsung Electronics Co. forecast another record quarterly operating profit

SEOUL, South Korea (AP) — Samsung Electronics Co. forecast another record quarterly operating profit, travel to canada what do i need likely driven by strong travel to canada what do i need sales of high-end smartphones that offset travel to canada what do i need weak semiconductor orders. The guidance for Samsung's third quarter earnings showed it was on track to report a record-high profit for a fourth straight quarter, despite legal tussles with Apple Inc. that resulted in a $1 billion compensation judgment in August. But analysts said a rise in marketing spending will decrease the company's profit travel to canada what do i need in the October-December quarter and sustaining fat margins in premium mobile devices could be increasingly tough. Samsung estimated in a regulatory filing that its July-September operating income nearly doubled to 8.1 trillion won ($7.3 billion) from 4.25 trillion won a year earlier. The result was better than the market travel to canada what do i need consensus of 7.6 trillion won, according to a poll of 26 analysts by FnGuide Inc., a financial information provider. The world's largest maker of mobile phones, memory chips and TVs estimated travel to canada what do i need its quarterly revenue at 52 trillion won, up 26 percent from a year earlier and meeting expectations. Shares of Samsung closed 0.2 percent higher in Seoul. Samsung will announce its full quarterly results including net income travel to canada what do i need and a breakdown for each division toward the end of this month. Analysts believe Samsung's mobile communications business that sells smartphones, media players and tablet computers generated almost 70 percent of its operating profit in the last quarter. travel to canada what do i need Its growth has been driven by runaway demand for Samsung's Android-powered smartphones travel to canada what do i need that outweighed weak orders for memory chips and thin margins in television sales. Samsung surpassed Apple and Nokia in annual smartphone sales for the first time in 2011, according to Strategy Analytics. Nomura Securities estimates Samsung sold 60 million travel to canada what do i need smartphones in the three months ended Sept. 30, including 18 million of the Galaxy S III. That is above 50 million smartphones that Samsung is believed to have sold in April-June. The company doesn't release its quarterly smartphone sales. Robust sales of high-end smartphones also contribute to the profitability of Samsung's travel to canada what do i need other divisions that supply lucrative mobile components used in the gadgets. "Smartphones are the driving force behind the record-high profit," said Lee Seung-woo, an analyst at IBK Securities. Even as Apple reportedly reduced orders of Samsung components for its iPhone 5, analysts believe Samsung's display division likely earned more profit that a year earlier as demand for smartphones benefited sales of AMOLED, a high-resolution screen used in Galaxy smartphones. Most brokerages said Samsung's operating profit will be at its peak in the third quarter as earnings in the fourth quarter are likely travel to canada what do i need to decline with seasonally travel to canada what do i need weak demand for semiconductors and increased marketing spending to compete with rival mobile phone makers. New smartphone models from Apple, Motorola, Nokia and LG Electronics are jostling travel to canada what do i need for attention in the fall and winter and will call for larger handset subsidies to attract consumers. Samsung is also trying to overturn a U.S. jury's verdict that it should pay Apple $1 billion for patent infringements. The judge's decision is expected in December and some analysts reflected the fine in forecasts for Samsung's fourth quarter earnings. A bigger threat to Samsung's travel to canada what do i need earnings travel to canada what do i need in the long run will be a handset price war, analysts said. High-end smartphone sales that fueled Samsung's earnings travel to canada what do i need growth since last year may not be as lucrative next year because competition with Apple could pressure margins and sales growth could slow in developed countries where smartphones travel to canada what do i need are now widely used. "The high-end smartphone market is split between Samsung and Apple, with their operating profit margins staying high at 30-50 percent at present," Nomura analyst Marcello Ahn said. "Going forward, if price competition between the two intensifies, we think smartphone margins may decline at a pace faster than our expectation." The slow revival in the global economy as well as the persistent debt crisis in Europe could delay a revival in the personal computer industry, crippling sales of memory chips.
Deputies in Washington County recovered two stolen digital cameras that are full of family travel to canada what do i need pictures and they want to return the cameras to their rightful owners. Both cameras have pictures of newborn babies and family members posting with the babies. They hope that somebody who recognizes the photos will see this story and e-mail them. Read More... National & World
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