Samsung's Q4 profits could see a 3-year high

Samsung's Q4 profits could see a 3-year high
Due to the Galaxy Note 7 fiasco, Samsung might have had it rough in the third quarter of 2016, but its earnings guidance suggests a surprising 50% year-on-year leap thanks to robust chip and smartphone sales to the tune of a depreciating yen.

Although revenue will fall and the company will have to deal with a $2.1 billion profit loss caused by the Note 7 recall, it is on track for a quicker than anticipated recovery. Strong demand for memory chips and OLED displays are expected to make up for the profit loss. Notably, the company's chip division could earn over $3.4 billion dollars in operating profit, thanks to dealing with Apple and sales of high-end data storage.

Operating profit for the October – December quarter is estimated at $7.8 billion, the highest since Q3 2013 and above analysts' biggest expectations. Samsung will officially disclose its Q4 earnings in late January.

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45 Comments

1. manojmcn

Posts: 633; Member since: Jul 16, 2015

Two minutes of silence for haters. ..lol

19. Mxyzptlk unregistered

Samsung as a whole is making profit. That doesn't mean Samsung Mobile, the branch of Samsung responsible for the Galaxy phones, is doing well. Don't assume.

20. kryme

Posts: 469; Member since: Oct 24, 2013

But when the mobile division it not doing well u say SAMSUNG is dead so now that SAMSUNG is still flying high don't try separate it...

40. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

When talking about Samsung, you can't expect much when an Apple high priest is talking.

42. Mxyzptlk unregistered

So you can't find anything to prove me wrong? Lol I win.

43. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

You always win in your eyes, even though you aren't most of the time. That's why you're obviously a pre-teen kid. And I don't need to, read comment #20 over and over again kid.

44. Mxyzptlk unregistered

So you're saying that you are full of crap? Understood.

45. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

My point. 72 lightyears. Your tiny brain.

26. ph00ny

Posts: 2031; Member since: May 26, 2011

Does Apple separate their profit numbers between the "computer" division and "mobile" division? If not then why separate Samsung Electronics?

35. Techist

Posts: 311; Member since: Jan 27, 2015

Its just part of the whole media mythology about Apple. They take Apple's total profits from the iPhone, iPads, the App Store, iTunes, iCloud, Macs, etc, and compare it with other companies profits from smartphones only and then declare that Apple makes 90+% of the profits in smartphones. If they did a true Apples to Apples comparison the picture would be quite different. Apple still comes out on top, but nowhere close to 90% of the total profits from smartphones.

41. Mxyzptlk unregistered

You do realize Samsung is in MANY industries? Maybe you and the other knuckle draggers need to do something called research.

30. Klinton

Posts: 1409; Member since: Oct 24, 2016

It's NOT about 'Samsung as a whole',.. ignorant

32. willard12 unregistered

"That may be so. But, it is also irrelevant." -. Colonel Tu (North Vietnam)

2. ctdog4748

Posts: 797; Member since: Mar 05, 2016

If it wasn't for Apple having tender mercy upon Samsung and giving them business, Samsung wouldn't have faired so well. So, as usual, it's Apple FTW.

4. Alpha1

Posts: 100; Member since: Jul 06, 2016

Apple products are for losers.

6. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

Trolls like you are the real losers.

5. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

LOL yet you're claiming that you're not a blind Apple fanboy and Samsung hater. Kindly read your own post over and over again.

17. trojan_horse

Posts: 5868; Member since: May 06, 2016

"LOL yet you're claiming that you're not a blind Apple fanboy and Samsung hater. Kindly read your own post over and over again." Exactly that ^^ He's so full of double standards.

31. aegislash

Posts: 1495; Member since: Jan 27, 2015

Ctdog literally said the other day that Apple has had fast charging/tap to wake all along; and that they were just kind enough to let the features be Android-exclusive for a while. Delusional, biased Apple troll at his finest.

7. manojmcn

Posts: 633; Member since: Jul 16, 2015

Hello.. there is no mercy. If that was the case then the law suits would have been settled long back. It's just competitiveness that make Sammy's component & display divisions a winner. Apple/Qualcomm etc don't have much other options lol...

8. willard12 unregistered

So, if Apple stops giving Samsung business, what happens to Apple? In this case, with Samsung being diverse (they build buildings, make TVs, and sell insurance), it looks like Apple needs them a lot more than Samsung needs Apple and its declining sales. Considering Apple uses Irish tax shelters, manufactures in China, sues anything that moves until the Supreme Court pimp slaps them, gets rid of any app that competes, caves to Chinese censorship....I'm going to have to assume that Apple makes business decisions out of necessity, not mercy.

27. tedkord

Posts: 17357; Member since: Jun 17, 2009

You've got to understand, he was literally tingling with glee over the Note 7 incident (preceded by anger at it being rated better than the bigger iPhone by pretty much every reviewer), and was really looking forward to Samsung posting a loss. So this not only enrages him, it severely disappoints him. To try and soothe his by now glowing in the infrared sphincter, he's got to iRationalize. It's common from him. Now, he'll try and reference some dumb argument he lost several weeks back, to attempt to soothe that perceived injustice.

33. ctdog4748

Posts: 797; Member since: Mar 05, 2016

Your feeble attempt at hanging onto the Note 7 is sad; the phone is dead, recalled by Samsung twice, the second time permanently. And by all means ignore the viewpoints of XDA developers, because they go against what you want to believe. Argument? What argument? There is just you looking like a fool and feeling like one, because you know nothing of chip design, that's why you stick doggedly to that idiotic "ARM modification" statement that you read on Wikipedia. I tell you facts on chip design then challenge you to refute what I say, and you ignore the question, always. You know I'm correct, so go on, blather about how you "won the argument" while you try to ignore the pain you feel.

39. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

As much as I dislike tedkord for being fanboyish at times, the only one looking like a fool here is you. And no, you're not correct, you're just another troll who thinks he is always correct, just like that blind fanboy mxy.

10. John-Knotts

Posts: 380; Member since: Feb 28, 2015

Tender mercy...lol Apple is still 3 years behind everyone else. They have no choice but to call upon the REAL innovators.

11. Macready

Posts: 1821; Member since: Dec 08, 2014

Apple has given very little business to Samsung the past quarter (just the RAM in the iPhone 7), so it's Samsung who's showing it can do perfectly fine without it too.

34. Techist

Posts: 311; Member since: Jan 27, 2015

Absolutely right. People seem to be forgetting that Apple went with TSMC exclusively for the SoC, and with other companies for the other components. The only Samsung element in the iPhone 7 is the RAM, and there is no way that alone was enough to explain why what many had predicted would be a disastrous quarter for Samsung on account of the Note 7 fiasco is turning out to be an outstanding one despite it.

13. ShadowSnypa786

Posts: 574; Member since: Jan 06, 2017

Apple FTW?? On what planet does that make sense? Apple needed Samsung and Samsung got money for it so if anything Samsung FTW. You act like Samsung only make components for Apple.

16. ph00ny

Posts: 2031; Member since: May 26, 2011

Apple? If Apple had a worldwide recall of their hot selling device, would they have recovered as well so quickly? This is just Samsung being diverse in other aspects of the tech industry at the same time. Also Chip business doesn't mean just Apple either considering they're the best SSD manufacturer in the world at the moment

18. trojan_horse

Posts: 5868; Member since: May 06, 2016

Right, diversity is what's paying off with Samsung. When business in one division fails, the other division makes up for the loses.

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