Samsung estimates Q1 2012 $5.1 billion profits

Samsung has estimated that they will earn between 44 and 46 trillion Korean won in consolidated sales (around $39 billion US). The profits believe it or not are around 5.6 and 6.0 trillion which is around $5.2 billion. The numbers have to be due to the number of phones they have released. Such as the Samsung Galaxy Note and Samsung Galaxy S and S 2 on multiple different carriers. Around 5 million Galaxy Note devices have been sold so far. So it does look like the Samsung smartphone division is really putting them in a place to make some big profits. So anyone getting a Samsung Galaxy or already own one?

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