Three days later, Samsung Corporation will announce the results of the second quarter 2016. This, according to analysts polled by Reuters publication, will be the best quarter for Samsung in the past two years.
Reuters journalists surveyed 16 analysts who predict that in the second quarter 2016 operating profit of Samsung increased by 13% compared to the same period of 2015 and reached $ 6.8 billion. This is the best figure since the first quarter of 2014, when Samsung has earned a total of $ 7.4 billion. the same analysts said that by the end of the reporting period, Samsung mobile devices will bring revenues of $ 3.7 billion, or 54% of the total quarterly operating profit.
According to analysts, in the second quarter of 2016 Samsung shipped 16 million of new flagship smartphones Galaxy S7 and Galaxy S7 Edge. And Samsung profit growth due primarily to higher new flagships sales. In the third and fourth quarters this year the demand for them will begin to decline, but, despite this, the operating profit of Samsung will grow. The positive impact on earnings will launch Samsung Galaxy Note 7, scheduled for August 2, 2016. Iy is rumored to get bent around the edges of the 5.7-inch screen with a resolution Quad HD, 6GB of RAM, 12-megapixel main camera, iris scanner eyes , protected against dust and moisture according to the standard IP68.
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