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Thanks to the Samsung Galaxy S8/S8+ Samsung expects a record breaking Q2

The Samsung Galaxy S8 could help Samsung achieve a new record for operating profits during the second quarter

The Samsung Galaxy S8 could help Samsung achieve a new record for operating profits during the second quarter

A report sent to clients by IBK Securities says that the Samsung Galaxy S8 and Samsung Galaxy S8+ will help the manufacturer set a new record for second quarter operating profits. After taking a big hit last year when the Samsung Galaxy Note 7 was pulled off the market after a pair of recalls, this could be a very profitable rebound for Samsung and its investors. The previous record was set during the third quarter of 2013. Back then, Samsung reported operating profits of $9.2 billion USD thanks to the launch of the red hot Samsung Galaxy S4.

This year, IBK sees Samsung producing a 49% gain in year-over-year second quarter operating profit to a record $11 billion USD. The reason? Strong sales of the just unveiled Samsung Galaxy S8/S8+. For the already completed first quarter, the securities house sees Sammy turning in an operating profit equal to $8.9 billion USD. Preliminary first quarter results will be announced on April 7th.

Samsung will also profit from strong sales of OLED panels. Apple reportedly plans on using OLED on its 10th anniversary iPhone 8 model this year, and on all of its iPhone handsets thereafter. Yesterday, we told you that Samsung will deliver 70 million to 95 million OLED panels to Apple this year. Semiconductors will also contribute greatly to the black ink. This group is expected to be responsible for the equivalent of $5.5 billion USD in operating profits during the first quarter and $8.25 billion USD in operating profits is forecast for the current quarter.

In his note to clients, IBK analyst Lee Seung-woo said that for the entire year, Samsung's operating profits will rise by 69% on a 14% increase in its top line. With one analyst computing that 95% of the chips inside the new flagship phones are home-grown, a large percentage of Galaxy S8/S8+ sales will be going straight to the company's bottom line.

Samsung will launch the Galaxy S8 and Galaxy S8+ on April 21st with twice the inventory it stocked for last year's release of the Samsung Galaxy S7 and Samsung Galaxy S7 edge.

source: ZDNet

Related phones

Galaxy S8
  • Display 5.8" 1440 x 2960 pixels
  • Camera 12 MP / 8 MP front
  • Processor Qualcomm Snapdragon 835, Octa-core, 2350 MHz
  • Storage 64 GB + microSDXC
  • Battery 3000 mAh
Galaxy S8+
  • Display 6.2" 1440 x 2960 pixels
  • Camera 12 MP / 8 MP front
  • Processor Qualcomm Snapdragon 835, Octa-core, 2450 MHz
  • Storage 64 GB + microSDXC
  • Battery 3500 mAh(24h 3G talk time)

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57 Comments

You_Dont_Say

Posts: 431; Member since: Jan 26, 2015

The only record it will break is for the biggest epic flop of a phone. Samsung had a chance and blew it again. Aspect ratio is completely stupid, fingerprint scanner location is dumb, and the phone is overpriced. It will only sell because stupid Samsung Sheep will flock.

Jason2k13

Posts: 1427; Member since: Mar 28, 2013

When are you gonna get banned? You're worst than akuma

Renzo

Posts: 9; Member since: Dec 22, 2015

No because it'll be the best phone available

notfair

Posts: 643; Member since: Jan 30, 2017

agree, i am long time sammy fan but this year I will not buy the s8, probably the note 8.

SleeperOne

Posts: 370; Member since: Feb 25, 2017

Screw off wastebucket, Samsung is actually picking up quite well after last year's fiasco...

stferrari

Posts: 33; Member since: Dec 15, 2014

You are perfectly intitled to express your opinion. So am I and I am being kind when i say " you are an idiot". If you dont want a phone with a large screen, don't buy one. I have played with the S8 edge extensively and it is ergonomically perfect.

sissy246

Posts: 6708; Member since: Mar 04, 2015

Do you lips ever STFU

lightyears

Posts: 69; Member since: Aug 24, 2015

@You_Dont_Say: Looks like you are the most frustrated Apple fanboy. Already S7 was adjudged the best smartphone of 2016 and it is clear that S8 will be a clear winner all appy fanboys are no-where to hide. their frustration shows.

Mreveryphone

Posts: 1768; Member since: Apr 22, 2014

I said this was going to break records when it first leaked...

Darckent

Posts: 83; Member since: Sep 17, 2016

Funny how phonearena purposely doesn't report the s8 display news, brightest and most accurate screen on a phone ever..... Go to sammobile or displaymate to read the findings

Tipus

Posts: 740; Member since: Sep 30, 2016

Take a break dude, you trying too hard

kerginaldo17 unregistered

Galaxy S8 Considered the best display on a smartphone, according to Display mate.

Unordinary unregistered

2003 Motorola cell phone display considered best display on a phone to date, according to XYZ company.

maherk

Posts: 6430; Member since: Feb 10, 2012

I see that this news is pissing you off

darkkjedii

Posts: 30344; Member since: Feb 05, 2011

Dude I got you hella videos and pics like you asked. I'll message them to you, once you respond to this to let me know you're up. The S8/Plus is bank.

maherk

Posts: 6430; Member since: Feb 10, 2012

Will do brother, I'll check them out and let you know how I feel about it. Thanks​ bro

Unordinary unregistered

Pissed off? Lmao. You virgins have me laughing every day haha.

Podrick

Posts: 1280; Member since: Aug 19, 2015

Seeing how much angry you got right there, you've got more virgin quality than anyone else lol.

ShaikhJGI

Posts: 356; Member since: Jan 10, 2014

http://www.displaymate.com/Galaxy_S8_ShootOut_01.htm You need some rest, please see this :P

Spedez

Posts: 542; Member since: Aug 29, 2014

You buy a phone because of the display?

Tech_fan

Posts: 94; Member since: Mar 28, 2017

you buy a phone because of the FRUIT LOGO?LOL

BobbySummers

Posts: 9; Member since: Apr 04, 2017

The screen alone should make everyone buy this phone. Already preordered the s8 plus

kerginaldo17 unregistered

Well, love or hate Samsung, it should get a few billion dollars richer with the S8. And comes note 8 ahead.

dmitrilp_

Posts: 330; Member since: Sep 12, 2016

No matter where you see it from, sammy has a win-win here

dmitrilp_

Posts: 330; Member since: Sep 12, 2016

Some folks complaint that you can't use this phone with one hand, come on! it's a phablet! you don't use this phones with one hand, even the little phones were never used with one hand. That is the most retarded excuse to bashed Samsung and its big screen devices. Samsung rocks and is the best manufacturer period!

SupermanayrB

Posts: 1188; Member since: Mar 20, 2012

Man I miss the old Phone Arena from 2012 & 2013. Now I just read the article, look at the first few comments & then move along. Too much trolling. #engadget2.0

EnriquePal

Posts: 6; Member since: Mar 05, 2017

You are a troll

kiko007

Posts: 7369; Member since: Feb 17, 2016

Such a well thought out comeback.../s

SupermanayrB

Posts: 1188; Member since: Mar 20, 2012

The sad thing is that for imbeciles actually upvoted his comment.

SupermanayrB

Posts: 1188; Member since: Mar 20, 2012

Says the person who joined a month ago & only has 4 posts. Troll.

* Some comments have been hidden, because they don't meet the discussions rules.

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