Samsung’s earnings guidance suggest a continued dip in profits ahead of Galaxy S6 launch
Samsung has posted their first quarter earnings guidance, and like everyone expected, it’s more of the same. The company isn’t breaking any records with their profits, but they’re also not failing. Q1 sales are sitting around 47 trillion Korean won, and operating profit is around 5.9 trillion won. Both of these numbers are substantial decreases from their performance in 2014.
Expectations for the Galaxy S6 and S6 Edge are high, and those are both right around the corner. Samsung expects to move tons of units, so this quarter will be critical for the company to launch into the rest of 2015.
source: Samsung Tomorrow
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