Samsung: Predictions For Huge Profits
by Gary Oldwood on 7 July 2016
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Samsung seems to be on track again, since the company predicts that this year’s profits will be particularly important.
If everything goes according to their calculations (which is usually the case), the company will have a revenue of 43 billion dollars in the second quarter of this year, with the 7 billion out of those being profits. These figures mean 41% profit increase over the previous year and 3% sales increase. If this is true, it will be the biggest profit for Samsung since 2014.
We are looking forward to the official figures to see how they accurate their prediction is.
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