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The profits from the records to Samsung in the second quarter of the year

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Published on Jul 28, 2016

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If, on the one hand, the financial results of Apple were good but not excellent, on the other, the most heated rival formalizes record numbers: in the second quarter of Samsung has recorded a surge compared to the same period of 2015, when the company was experiencing a period of time, happy.

The latest data published by Samsung, confirm a situation which is absolutely positive for the company: operating profit for the second quarter of the year amounted to 7.2 billion dollars, with an increase of 1.1 billion dollars compared to last year. The turnover increased by 2.1 billion dollars on an annual basis and amounted to 45.3 billion.

Most of these performances, the star is due to the Galaxy S7, which had a great success of critics and sales. The mobile division recorded a slight drop in revenues, but a significant increase in trading profits with 3.84 billion dollars.

The situation could improve even more at the end of the year, when it will probably be officially announced the agreement with Apple for the exclusive production of the AMOLED screens that will be used on the iPhone in output in 2017.

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Link to the original article: the Profits from the records to Samsung in the second quarter of the year

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