Samsung Q2 2010 financial report is out, growth slows down a bit

After the impressive start of the year Samsung's growth slowed down a tad during the second quarter of the year. Nevertheless, the financial report shows that the company is still doing quite fine and situation is expected to get even better in the second half of the year.

Samsung has just announced its Q2 2010 financial report. The South Korean company sold good 63.8 million handsets which makes 22 percent more units than last year's second quarter and less than a 1 percent decrease when compared to Q1 2010.

In total Samsung earned some 6.81 billion US dollars, which is a 5% sales decrease Year-on-Year. As far as the operating profit of around 533 million US dollars is concerned, it marks a 3.6% decrease Year-on-Year.
The growth is slowing down a bit which is a result of the lowered average handset selling price and the European economy's slowdown.

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