Tag Archive: Profits


Samsung’s record profits, new Mate 20 renders, and other news worth knowing

Welcome to In Brief, the AndroidGuys tech briefing. Today is Friday, October 5th, and we’re taking a look at all the tech news you need to know. In this post, we want you to learn about the news the way you want to learn. We’ve embedded a podcast version of all this news below. If you don’t want to listen, you can read just like you normally would.

In today’s edition, Google News gets a new Dark Mode, while renders for the Moto  [Read More…]

Samsung forecasts dip in Q2 2018 profits following weak smartphone sales

Samsung is still making boatloads of money, but profits don’t quite match up to previous quarters.

Samsung announced record earnings for four straight quarters, but that streak is about to come to an end. In its Q2 2018 earnings guidance, Samsung is forecasting an operating profit of $ 13.2 billion (14.8 trillion won), up 5% from the same period a year ago.

Overall revenue at $ 51.7 billion (58 trillion won) is less than the $ 54.8  [Read More…]

LG reports record Q1 profits despite struggling smartphone division

The company saw an operating profit of USD 1.03 billion for Q1 2018.

Just ahead of the G7 ThinQ unveiling, LG’s released its financial results for the first quarter of 2018. Looking at the company as a whole, Q1 saw total sales of USD 14.1 billion and operating profit of USD 1.03 billion.

With sales up 3.2% and profit increased by over 20% from Q1 last year, this is LG’s most profitable first quarter in history and  [Read More…]

Samsung posts record profits in Q4 2017, foldable Galaxy X phone set to launch this year

Samsung is looking to differentiate its smartphones by launching a foldable phone this year.

Samsung may be facing a lot of internal crisis that led to the chaebol replacing all of its current CEOs last quarter, but it certainly isn’t affecting the company’s performance. The South Korean manufacturer posted its Q4 2017 results, and once again things are looking great.

Samsung recorded an overall revenue of $ 61.5 billion (65.98 trillion won) with an operating profit of a staggering  [Read More…]

Samsung’s record profits continue on the back of strong Galaxy S8 and DRAM sales

Samsung is firing on all fronts.

After recording its best-ever first quarter earlier this year, Samsung has managed to post record-breaking profits once again in Q2 2017. The South Korean manufacturer netted an overall revenue of $ 54.2 billion (61 trillion won), a year-on-year increase of 20%, or $ 8.8 billion (10.06 trillion won). Operating profit increased by a staggering 72.7% to $ 12.5 billion (14.1 trillion won), allowing Samsung to overtake Apple, who is projected to bring in  [Read More…]

Samsung posts record profits in Q1 2017 even as phone sales decline

Increased sales in the semiconductor business lead to Samsung’s second-most profitable quarter.

Samsung has published its earnings results for the quarter ending in March 2017, and as it forecast a few weeks ago, Q1 2017 was very profitable for the company. Operating profit saw a massive year-on-year increase of 48% to $ 8.8 billion (9.9 trillion won), leading to Samsung’s second-most profitable quarter ever and best-ever first quarter.

Net profit at $ 6.8 billion (7.68 trillion won)  [Read More…]

Egg, Inc.: Boost your farm’s profits with these tips and tricks

Maximize your Egg, Inc. farm’s profits with these tips and tricks!

Egg, Inc. is a truly bizarre game set in a future world where the universe has poured all its secrets into chicken eggs. You decide to get in on this massive movement by scaling up your own egg farm’s production, researching the latest egg evolutions, and in turn making astronomical amounts of money.

It’s a super addictive clicker game with beautifully simple graphics, so many upgrades  [Read More…]

Lenovo’s third-quarter profits take a nosedive over slow smartphone sales

Lenovo is hoping to turn its mobile business profitable by the end of the year.

Lenovo has posted its financial results for the quarter ending December 31, 2016 (third fiscal quarter). The Chinese manufacturer netted $ 12.2 billion in revenue, a decline of 6% from the same period a year ago. Net profit at $ 98 million was 67% less than the 300 million it posted this time last year, and a decrease of 37% from a  [Read More…]

Samsung forecasts record Q4 profits in spite of Note 7 debacle

Note 7 discontinuation hasn’t hurt Samsung’s bottom line last quarter.

Although Samsung said that the Note 7 termination would put a dent in its profits for two quarters, it doesn’t look like that will be the case. The South Korean manufacturer has released its earnings guidance for Q4 2016, in which it estimated that operating profit was likely $ 7.8 billion (9.2 trillion won), up 50% from the same period in 2015. However, overall revenue for the  [Read More…]

Samsung posts lowest profits in two years as mobile division feels the burn

Samsung posted its Q3 2016 results, and as the company forecast last week, the discontinuation of the Note 7 had a noticeable impact on its bottom line.

Overall revenue was down 7.5% to $ 42.01 billion (47.82 trillion Won), a decrease of $ 3.4 billion (3.87 trillion Won) from the same period last year. Operating profit was down by 30% to $ 4.56 billion (5.20 trillion Won), its lowest in two years.

The mobile division took  [Read More…]