Three months ago Samsung posted record-breaking finacial results; now the Korean company is heading to an even more successful quarter. The preliminary guidance shows sales around KRW61-63 trillion ($55 billion) and the operating profit is expected to be around KRW14.5 trillion ($12.87 billion).
The estimates for Q3 are higher than the Q2 2017 results when sales amounted for KRW61 trillion ($54.7 billion), while the operating profit was KRW14.07 trillion ($12.6 billion).
Looking back at the July-September period of 2016, sales was “only” KRW47.82 trillion or around $42.4 billion while the operating profit was at one-third of the currently expected amount and was just KRW5.2 trillion ($4.6 billion).
The detailed audited results should come by the end of the month.
Funny, the numbers dictate otherwise. It's clear the price-hikes of the last 2 generations only were for the profits as costs seem to be the similar. Samsung used to be value for money but not anymore. Gone is the outstanding featureset exchanged for...