Friday, 5 October 2018

Samsung foresees strong third quarter financial results, no traces of sluggish Q2

Samsung Electronics has released its regular financial guidance ahead of the Q3 earnings report that’s expected later this month. The guidance is meant to give a general idea how the company did for any given yearly quarter and compares the results to other relevant ones.

Q2 of 2018 wasn’t great for Samsung, with Galaxy S9 sales lower than expected, but Q3 saw the release of the company’s Galaxy Note 9, a flagship smartphone with a $1000+ price tag. The Note 9 was well received by consumers and experts alike and it seems that translated well into sales for Samsung. Of course, Samsung offers ...

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