Say what now? Samsung gunning for record operating profit in 2017

Say what now? Samsung gunning for record operating profit in 2017
Samsung is reportedly strategizing how to reach a veritable milestone next year, gunning to achieve record operating profits for the fiscal 2017. All business divisions are allegedly having meets this week, and hammering out the master plan to get there. 

Back in 2013, when Samsung was riding on the wings of the Galaxy S4, the company achieved $31 billion in operating profits - its highest ever - and will try to break the record next year, or at the very least surpass the $25 billion mark.

This is not hubris though - the feat is certainly achievable, barring unforeseen circumstances like the Note 7's demise, which prevented Samsung from breaking the $25 billion profit barrier in 2016 as well. The company may get additional boost next year also from the rising price of semiconductors and displays, as well as the stronger dollar that helps its exports. 

The 100 million-strong OLED display order from Apple will certainly contribute positively to the bottom line as well, so wishing for record profits next year is not something out of whack for Samsung. A lot is undoubtedly riding on the success of the Galaxy S8, too, so we'd wager to guess that the company isn't taking any chances when it comes to the phone's specs and quality control, which might explain the rumors that  the phone may be released later in the spring than usual.

FEATURED VIDEO

25 Comments

1. BobLawblaw unregistered

Not if they remove the headphone jack. They can shove the s8 up their arse if they do..

2. sissy246

Posts: 6959; Member since: Mar 04, 2015

I just really don't see them doing that but you never know. That's why I hate rumors, they either piss you off or get you all excited just to let you down. I try not to do either one. As much as I wouldn't like it I will still buy the best phone of the year, the note 8.

7. Kumar123 unregistered

I really REALLY hope they ditch the headphone jack. Do it for me Samsung.

9. xeroxchap

Posts: 68; Member since: Oct 11, 2016

what would you get out of it?

10. Ordinary

Posts: 2454; Member since: Apr 23, 2015

Orgasm

14. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Took the words right out my mouth.

11. Kumar123 unregistered

You just have to wait and see.

17. iushnt

Posts: 3055; Member since: Feb 06, 2013

So that he can accuse Samsung for copying and troll harder.

24. tedkord

Posts: 17094; Member since: Jun 17, 2009

It would bring the S8 lower, closer to the iPhone, so it wouldn't sting as much.

12. paceman

Posts: 38; Member since: May 23, 2013

Well, the rumors say that there will be no headphone jack in S8, so samsung can do what you told them to do! he he!

18. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

I think its only a rumor. I think these tech blogs are trying to drum up the crowd to see if people will lash out like many did when apple decided to do it. I'm all for the jack going, if only replaced with a better option. I dont consider goign from one cord to another, that offers the exact same usage; to be beneficial. Apple replaced the space with a stupid home button that doesn't move and vibrates to act like the original button, because they were to lazy to just purchased a waterproofed fingerprint reader. Which should cost them anything since they bought the company that makes them to begin with. They removed the jack because they were too lazy to waterproof it. Even with less holes, it has a lower certification. The other issue is, Apple didn' provide an alternative charging method. At least the galaxy already has proven wireless/fast wireless charging. Both whch charge faster than any iPhone. So if Samsung pulls the jack, at leats it won't interfere with charging. The question is, would Samsung provide a wireless pad in the box? Apple was to cheap and too lazy to make a cable that allows you to charge and listen at the same time. It wouldnt have been so bad to remove the jack, if they provided the proper adapter. That's what I hate about Apple. if you change something, then make sure your users can use it how they use too, without havign to resort to buyign stuff from a 3rd party. Samsung would not do that to you liekly. if they remove the jack, just make a cable that still allows me to charge and listen at the same time, and Samsung won't get any flack. There is nothing wrong with removing the jack. They messed up by not provding a way to charge and listen at the same time.

3. Dr.Phil

Posts: 2253; Member since: Feb 14, 2011

And they will probably achieve it. As I have said before, the Note 7 fiasco was not necessarily a doom and gloom scenario that I think the press was making it out to be for the future of Samsung. Usually when manufacturers experience a setback like that, they come out stronger than before. They have something to prove to consumers and I'm confident they will pull out no stops in their devices next year. Actually, if the battery situation didn't happen it is possible (or plausible) that Samsung would have just done a minor update for the Note series next year. Now, it's looking more and more like they will be releasing something more revolutionary compared to the rest of the Note line. I'm honestly looking forward to it. I haven't had a Note since the Note 4, but I have a feeling lucky number 8 will be another one I may pick up.

20. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

The Note isn't their flagship. If this had happened to the Galaxy S, then yes they would have had some real negative results. Samsung makes over 50 phones. The Note isn't going to break them. No car company has lost significant business even if one car has 100's of recalls. The press and the ignorant people from the Samsung Haters Club, just tried to ride it. But they all got their shut-up medicine when it showed, after the first recall, 90% of those people, still went with a replacement Note 7. And after the second recall, still more than 80% took an alternative Samsung branded device and Samsung is still going to record a profit which means, Samsung actually saves more money by not making even more phones and stopping production and the fact there was only one injury at the time, and it wasn't even a Note to begin with.

4. Plasticsh1t

Posts: 3090; Member since: Sep 01, 2014

Bad management and poor quality control and ridiculous price tags. Let them reap what they sow.

21. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Ridiculous price tags on what? Show us? Galaxy S7 Edge cost Samsung $280 to make and has all new technology in it, and it sells for $700 VS iPhone 7 with 2011 specs that cost $220 to make and has no advanced tech and sells for $650 to start? Really? hey CNOUR...stop using to account to be an idiot!

25. tedkord

Posts: 17094; Member since: Jun 17, 2009

They will reap (huge profits) what they sow (the best smartphones and watches on the market).

5. BobLawblaw unregistered

Not if they remove the headphone jack. They can shove the s8 up their arse if they do..

6. civicsr2cool

Posts: 250; Member since: Oct 19, 2016

They need to get back into the mid range phone business.

15. Macready

Posts: 1798; Member since: Dec 08, 2014

They never left the mid range phone business... Their A and J series sell in the boatloads.

8. Clars123

Posts: 1073; Member since: Mar 16, 2015

Im hoping this means they actually have something spectacular to show us next year, otherwise get stuffed Sammy

13. Loubielou

Posts: 603; Member since: Jul 11, 2012

Samsung might be making profits from the supplying to the others,but why?can"t they solve there battery problems with there Premium phones,as they know what caused the Note 7 problem but now worried the new Galaxy S8 will do the same,making there phones to thin does not help the battery from cooling down as there not enough air getting in to keep the battery cool,delay the Galaxy S8 might be bad news for Samsung with loads of new alternative phones on the way

16. Macready

Posts: 1798; Member since: Dec 08, 2014

I've done my share of translating Greek and Latin, but the above, even if it resembles English, makes no sense either way.

19. DoggyDangerous

Posts: 1028; Member since: Aug 28, 2015

But there is a great saying that no one makes money with android.

22. TechieXP1969

Posts: 14967; Member since: Sep 25, 2013

Except Samsung?!

26. jeroome86

Posts: 2314; Member since: Apr 12, 2012

Samsung won't raise the prices. If anything they sell for less after the Note 7. So next year probably will be a great year for them.

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.