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Samsung says it will have a higher first quarter operating profit than earlier expected

Posted: , by Alan F.

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Samsung says it will have a higher first quarter operating profit than earlier expected
On Tuesday (because of the time difference, those in Korea are a day ahead of us), Samsung announced that it expects to report an operating profit of $5.43 billion USD for the first quarter. That is above the $4.88 billion USD in operating profits that analysts had earlier predicted Samsung would report for the first three months of the year. However, it is a 38% decline from the $7.82 billion USD in operating profits that Samsung reported for last year's first quarter.

For the first quarter of this year, Samsung expects to have $43.25 billion USD in revenue. That is lower than the $45.83 billion USD that was earlier predicted. During last year's first quarter, Samsung generated $49.42 billion USD in revenue. If this pans out, Samsung will end up reporting six consecutive quarters of lower revenue.

Samsung is expected to turn things around later this year with strong demand for the new Samsung Galaxy S6 and Samsung Galaxy S6 edge. Samsung designed its new flagship models from scratch and there is talk that U.S. pre-orders of the Galaxy S6 and S6 edge will end up doubling last year's total of pre-orders for the Samsung Galaxy S5

Thanks for the tip!

source: CNBC

22 Comments
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posted on 06 Apr 2015, 22:24 11

1. KENTOZ (Posts: 86; Member since: 03 Apr 2015)


The king is back

posted on 06 Apr 2015, 23:40 3

4. AnTuTu (Posts: 1580; Member since: 14 Oct 2012)


Go hard Sammy :)

posted on 06 Apr 2015, 22:37 15

2. twens (Posts: 979; Member since: 25 Feb 2012)


In actual facts the king never went anywhere. It's bad media press that made it look that horrible.

posted on 06 Apr 2015, 23:06 4

3. maccess (Posts: 742; Member since: 16 Jan 2013)


43.25 billion dollars.. well i can buy a country or maybe two small countries with that..

posted on 06 Apr 2015, 23:46 8

5. rockers123 (Posts: 135; Member since: 08 Sep 2013)


43.25 Billion is almost equal to my country's GDP... who said Samsung is going bankrupt

posted on 07 Apr 2015, 00:28 3

6. BobbyBuster (banned) (Posts: 854; Member since: 13 Jan 2015)


YoY, it's still a decline which means Note4 failed.

That's bad.

posted on 07 Apr 2015, 00:43 5

7. AndreaWijayanti (Posts: 69; Member since: 03 Mar 2015)


Hater gonna hate. Samsung still The King

posted on 07 Apr 2015, 00:50 2

8. BobbyBuster (banned) (Posts: 854; Member since: 13 Jan 2015)


King of what?

Raising operating profit short-term is easy: you only have to fire people and invest nothing in R&D. That's what Sammy did last quarter.

The most indicative number is the revenue which has been steadily declining for how many CONSECUTIVE quarters.

Sammy is no more.

posted on 07 Apr 2015, 01:10 4

9. shuaibhere (Posts: 1986; Member since: 07 Jul 2012)


But still more than many Countries....Your dreams of samsungs downfall will remain in dreams...
get a life hater..

posted on 07 Apr 2015, 02:39 2

11. seven7dust (unregistered)


No hate , just coldhard financial truth , revenue is down YOY , market share is down 2 quarters in a row, China division is down

not a good sign for any company.

Sure Samsung is not struggling like Sony but they are struggling compared to Apple. Especially in China.

posted on 07 Apr 2015, 01:27 4

10. derivativex (Posts: 176; Member since: 15 Jul 2014)


Invest nothing in R&D? Check your facts pls no other tech company invests more money on R&D than samsung

posted on 07 Apr 2015, 02:41

12. seven7dust (unregistered)


IBM ?

posted on 07 Apr 2015, 02:58 2

13. SonyFindOneDroidple (Posts: 810; Member since: 11 May 2013)


"invest nothing in R&D. That's what Sammy did last quarter"

You've just Busted yourself so badly Bobby haha..
so all the things that Samsung managed to make the Note 4 and the best smartphones today >s6 and s6 edge< came from the SO INNOVATING companies like Apple Sony HTC and LG? HAHAHA

posted on 07 Apr 2015, 03:42 1

15. BobbyBuster (banned) (Posts: 854; Member since: 13 Jan 2015)


Who says Sammy's junks are the best ones? You? Very credible.

posted on 07 Apr 2015, 04:54

16. roozbeh101 (Posts: 94; Member since: 31 Mar 2012)


you simply exist in this comment section just because those folks replied to your "credible" comment up there!
man, ignoring "I know everything and you don't" people is a must these days!

posted on 07 Apr 2015, 05:49

19. tedkord (Posts: 12217; Member since: 17 Jun 2009)


JFC. You just make up anything you like to try and make a point. Samsung spent billions in R&D, far more than Apple. There were multiple stories about it throughout the year.

Samsung is king, and the next iphone will be even more Samsung sourced than usual, as Apple follows in their footsteps.

posted on 07 Apr 2015, 06:06

21. BobbyDigital (Posts: 2034; Member since: 29 May 2014)


You sound ridiculous right now. Stop it.

posted on 07 Apr 2015, 03:29

14. joey_sfb (Posts: 5999; Member since: 29 Mar 2012)


Don't understand why major cooperate making billions is any thing for fan or hater to rant about.

That's goes for both Samsung and Apple. I keep buying Samsung because they sell what i wanted to buy, simple as that.

posted on 07 Apr 2015, 05:14 1

17. DROIDX0430 (Posts: 468; Member since: 24 Nov 2010)


all of the overpriced s6 edge devices people will buy. shelf life fir the next big thing will be 6 months before sammy starts talking about its successor

posted on 07 Apr 2015, 05:51 1

20. tedkord (Posts: 12217; Member since: 17 Jun 2009)


The S6 series will sell like hotcakes, outnumbered only by your tears.

posted on 07 Apr 2015, 05:31

18. hound.master (Posts: 1044; Member since: 27 Feb 2015)


I'll buy what i think is a fair trade not because of a name on it no company got a chance in china cause Chinese are making more than 80% of all phones so why can't they build phones better and cheaper than anyone?
But I say again buy what you think Is fair compare to the price if you don't got money to do waste.

posted on 07 Apr 2015, 10:12

22. j2001m (Posts: 2976; Member since: 28 Apr 2014)


That what I like about the s6 and the s6 edge this year no other company can even get close to the tech in the phones, samsung have the right to charge what they like as they have the looks of the iphones but with real tech, no other can even get close to

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