Samsung Q3 guidance is out, sets a new profit record

    Samsung Galaxy Note9 is the best selling smartphone from Samsung. And, it has helped Samsung in raising the profits for Q3 2018. Today, a new report shows the earnings of Samsung for Q3 2018. And, the report says that the company is back on track by smashing another big profit. Samsung has made a sale of KRW 64-66 trillion, which equates to around $57.5 billion in Q3. So this equates for a whopping 17.4-17.6 trillion ($15.5 billion) operating profit.

    Samsung Q3 guidance is out, sets a new profit record

    Further, we are still waiting for the full reports to come out. But, for now, it seems that Samsung has grown 20% increase in year-over-year in revenue. And, a 15% increase in operating profit compared to the last quarter.
    We will do a complete analysis on this, once we get a detailed breakdown of the various Samsung departments that propelled the company to the new heights