Samsung expected to report $6.8 billion profit in Q2
Samsung’s dream run in 2016 isn’t ending anytime soon. Without a doubt Galaxy S7/S7 Edge are crushing the market competition in terms of sales number. Market analytics now expect the company to exceed 8 trillion won ($6.8 billion) operating profit in second quarter, beating early estimations.
According to Korea Herald, both the consumer electronics division and mobile division are key performers for the tech giant. As far as mobile division is concerned, the continuous steady run of flagship Galaxies are the prime reason for a stellar performance. The overall demand is estimated to get weaken in Q3 and Samsung is about to address that problem with Galaxy Note 7 launch in August.
Overall, it looks like Samsung finally found the perfect success recipe with Galaxy S7 and S7 Edge.