Thursday, July 28, 2016

Success Galaxy Samsung S7 delivers best quarter in two years – NU.nl

In particular, the operating profit of Samsung rose sharply to 8.14 trillion won (6.5 billion euros), some 18 percent more than a year earlier. Net income was up only 2 percent to 5.85 trillion won (4.7 billion euros).

Revenue rose won by nearly 5 percent to 50.9 billion (40.9 billion euros), according Thursday from the quarterly figures of the company.

in particular, Samsung’s mobile arm caused a lot of profit. On the smartphone market sold a lot of copies of the Galaxy S7 and S7 Edge, but also sales of cheaper smartphones contributed to the profitability of the South Korean company.

It is not known exactly how many copies of the Galaxy S7 have been sold in total. Samsung is said that the Edge version, with a curved screen, accounts for more than half of all sales of the S7.



Smartphonetak

The mobile division of Samsung saw its operating profit increased by 57 percent compared to last year, and accounted for just over half of the operating profit of the company.

In the past two years the smartphonetak was just several times a block Samsung’s leg when devices like the Galaxy S5 poorly performed and profits plummeted from the company.

the revenue of the smartphonetak has remained more or less stable in recent years, but profitability was up sharply gone.



Forecast

Revenue from componententak Samsung, which does include memory chips and smartphone screens, rose slightly. But the division was just slightly less profitable than a year earlier.

Samsung says to expect the good performance of the company also continued in the rest of the year. It is expected that next week will be presented a new phone in the Galaxy Note series. Which would go on sale before a new iPhone will appear in September.

Apple reported Tuesday in its quarterly earnings that demand for iPhones has fallen considerably in just the past year. Consequently decreased revenue and profit of the company

By:. NU.nl

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