Samsung Announces Q2 2018 Earnings Guidance – The End of Record Profits, With Sales Decline in Tow Too

Samsung Announces Q2 2018 Earnings Guidance – The End of Record Profits, With Sales Decline in Tow Too

5 years ago
Anonymous $cyhBy-qkd5

https://wccftech.com/samsung-earnings-guidance-q2-2018/

Samsung kept on registering record operating profits, quarter after quarter for seven straight quarters until Q2 2018 finally arrived, putting a stop to the tech juggernaut’s progress once and for all. According to the company’s guidance, things are not looking so good, and with an operating profit that is expected to be just 5.1 percent, Samsung better hope that the upcoming Galaxy Note 9 is going to be a ‘home run’ winner.

The Korean giant’s earnings guidance for Q2 2018 includes expected consolidated sales to be approximately 58 trillion won ($52 billion USD), while the expected consolidated operating profit should be around 14.8 trillion won ($13.25 billion USD).