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Samsung South Korea released revenue estimates for the second quarter of this year. They are in black numbers, but they are the lowest in recent quarters. Analysts estimate weak sales of high-end Galaxy S9 and Galaxy S9 + models could slow growth
The company estimates that sales in the second quarter of 2018 generated growth in operating profit consolidated 5.2%, 14.8 trillion Korean won (about 11.3 billion euros). That's 0.1 trillion won less (about 76 million euros), as predicted analysts. We are talking about profits, not total revenues
These are at the level of 58 billion won (about 44.35 billion euros). This is a 0.7% decline in revenue year-on-year, but surprisingly up to 11% of earnings growth. On the other hand, Samsung made a profit of 15.64 trillion won in the first quarter of 2018 (Q1 2018) and a turnover of 60.56 billion won.
According to Reuters, Samsung has maintained its growth mainly thanks to the ever-increasing profitability of the semiconductor division. processors, chips and NAND and DRAM for a wide variety of devices, especially smartphones, including global manufacturers. Even with iPhones, the growth of this division will continue to grow.
On the other hand, the smartphone division, whose growth is despite this flagship pair of this year flagship Galaxy S9 and Galaxy S9 +. "It will be difficult, the smartphone market is no longer growing, but competition is intensifying," said Lee Won-sik, analyst at Shinyoung Securities
After the release of Samsung's report, shares fell by more than two percentage points.At the end, however, shares fell by only 12% this year, mainly because of lower sales of smartphones without significant technological innovation
According to analysts who also spoke for Bloomberg, Financial Times and The Wall Street Journal, selling the Galaxy S9's Galaxy S9 and S9 + the lowest! Expected sales of these models are at the level of 31 million units. , the Samsung Galaxy S7 has sold about 50 million units
Sales of smartphones worldwide are also witnessing weak sales.In May this year, Apple overcame Samsung.According to the analysis of Co Unterpoint, Apple iPhone smartphones are selling better than the Galaxy S9 + and the Galaxy S9. In the top 5 most sold smartphones in the world, Apple has three smartphones, Samsung alone
Source Reuters, Samsung
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