Today, South Korean company Samsung published a forecast for revenue and profit for the second quarter of 2017. In the current quarter, it expects to get a record profit.
The first quarter of 2017 for Samsung was extremely successful, but the achieved South Korean giant does not intend to stop. As a result of the second quarter, Samsung plans to receive consolidated operating profit of about 14 trillion won (approximately $ 12.2 billion). For comparison, in the first quarter of 2017 this figure was 9.9 trillion won, and in the second quarter of 2016 - 8.14 trillion won. At the same time, consolidated sales for the current reporting period will be approximately 60 trillion won (about $ 52 billion) against 50.55 trillion won in the first quarter of 2017 and 50.94 trillion won in the second quarter of last year.
If Samsung's expectations are met, then the second quarter of 2017 will be the most successful for the corporation in history, eclipsing the indicators of the fourth quarter of 2016 and the first quarter of 2017, the most profitable periods at the moment. Samsung's revenue growth is supported, among other things, by record sales of the flagship smartphones Samsung Galaxy S8 and Galaxy S8 +.