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JUL 04, 2013 - TechRadar

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Samsung announces record profit estimates, money men say 'is that it?'

Once upon a time, it may have been enough for a tech company to announce record estimated quarterly profits of $8.33 billion (UK£5.54, AUD$9.10) without financial types predicting doom and gloom.Well, that's what Samsung has just done for the three month period spanning April, May and June, and all the money men can talk about is how the company's smartphone sales momentum is slowing, not growing.The figure, perhaps jolted by the launch of the Galaxy S4, is a significant rise on the $6.4 billion (UK£4.3, AUD$6.99) the Koreans added to the coffers in the first three months of the ... Read More

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