Samsung has announced its second quarter 2011 results and its pretty close to what they had released in the earnings guidance. Samsung’s consolidated sales for the second quarter was at 39.44 trillion with an operating profit of 3.75 trillion won, 25 percent lower year-on-year. Samsung’s net profit was also down by 18 percent year-on-year wise, recording 3.51 trillion won.

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Samsung today announced their Q2 results and although their telecommunications business came out highly profitable, they failed to mention the sales figure of the sold handsets. However, analysts have chimed in and the consensus seems to be the same — Samsung remains in the second spot for smartphones in Q2 2011. We don’t have any concrete numbers but analysts estimate Samsung to sell 19 million smartphones this quarter, which is 2 million more than Nokia and about 1 million short than Apple.

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