Samsung Electronics (
005930) on Friday posted its earnings guidance for the first quarter of 2013. The world’s No.1 smartphone vendor continued on its warpath last quarter as operating profit climbed more than 50% to approximately $7.7 billion, handily topping analysts’ estimates and setting a new first-quarter record. Revenue for the quarter was also up from roughly $40 billion in the first quarter last year to about $45.9 billion in Q1 2013.
Samsung’s audited results will be posted in the coming weeks, and the company’s full press release follows below.
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