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08/01/2012 08:14 AM ID: 92354 Permalink   

Samsung Reports Record Profit in Second Quarter


South Korean smartphone maker Samsung reported another record-high quarterly profit due to strong sales of its flagship Galaxy series smartphones.

The company┬┤s net profit swelled to $5.86 billion in the April-June quarter.

Samsung shipped approximately 50 million smartphones from April to June whereas rival Apple is said to have sold only 26 million iPhones in the same quarter.

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