Asian giant published data on operating profit
for the last quarter. Such good results, analysts did not expect.
The world’s largest phone manufacturer and systems
Memory today unveiled information on the operating profit for the second
quarter of 2016. The report shows that the company recorded the highest rate
Operating profit in more than two years. There was also a significant increase compared
to the same period of the previous year – from 6.9 to 8.1 trillion won (6.9
billion dollars). Analysts expected quarterly operating profit of 7.38 trillion
won.
The reasons for the great result of several Samsung. The main reason is high demand for the model Galaxy S7, which in the absence of
serious competition from Apple sells better than expected. IN
last quarter to customers went up to 15 million smartphones this version. Apple,
Samsung’s biggest competitor in the market of mobile devices, not presented
last no model that could be a threat to S7.
The good results are the responsibility of other segments
Samsung’s production of that record visible improvement. It is worth
mention the good situation in the manufacturing sector displays. By producing
OLED screens could make a profit of 170 billion won, which is
big achievement, if we look at the loss recorded in the previous quarter (270
billion won).
The result was the publication of data visible on the stock market
Seoul. Shares in Samsung went up there
about 2%. A growing trend in the share price of the company has already observed
from mid-February this year, when it was expected to launch model Galaxy S7.
Since that time, shares of Samsung already have risen by 13%.
/ mf, Bloomberg
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