Samsung Only Bright Spot in Q2 for Handset Sales

Samsung said it expects a positive second-quarter revenue, but it will likely be the only handset maker to report strong results.

Analysts expect Nokia for instance to report a staggering 72-percent drop in its April-June earnings per share year-over-year, according to Reuters.

In all, a poll of analysts reveals an expectation that phone sales for the second quarter declined by 261.7 million phones. That’s worse that the dismal January-March 2009 earnings period when sales dropped 13-16 percent year-on-year.

Nokia and Sony Ericsson will report results on July 16, followed by LG Electronics on July 22, Samsung on July 24 and Motorola Inc. on July 30.

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