At some point, hopefully we’ll see the boss and Samsung financial report showing the company’s finances for the third quarter of 2019. In preparation for that report, the company submitted an official prediction For investors, there is little thought about what to expect.
In a word, the prediction is kind of negative. Year-over-year, it is expected that Samsung will release the funds in half the time. in the same quarter of 2018. That Q3 2018 figure was down again from Q3 of 2017. Oh.
Samsung estimates that the company will have a net profit for 7.7 trillion Koreans it won (~ $ 6.44 million) for Q3 2019. That’s 56% less than it did in the third quarter. of 2018, at 17.57 trillion. Korea won (~ $ 14.7 billion).
However, the two years do not reveal all the details. For example, it is expected that in Q3 2019, the company will have more revenue than Q2 2019, which is 6.6 trillion Korean Won (~ 5.5 billion USD). That’s a good silver lining.
Just looking at the numbers also does not tell you that Samsung is declining in terms of the weakness of its competitors. Samsung’s main revenue maker in recent years has been cricket, but the whole business is slowing down. Let the business executives speak together The Korea HeraldSamsung is well aware of how weak the global cricket demand is.
Yes, the big question is on Samsung’s earnings report, how to buy a mobile phone. The forecast report does not mention anything about the company’s sales of the most recent, the Samsung Galaxy Note 10, or mobile devices, for that matter. It’s interesting to see how Samsung’s big money shifts to a dual-device strategy with the Note 10 line and the removal of the headset – rates and buyers from a sales perspective.