Samsung Q4 forecast isn’t looking good
Samsung has revealed its guidance report for the last quarter of the last fiscal year and as expected, profits for the company has declined. Nevertheless, the South Korean tech giant proves to be optimistic and expects an operating profit of about USD$4.5 billion. This is still down from the USD$8.3 billion made back in 2013. Sales wise, the tech tycoon still expects to make about USD$47.3 billion which is still down from the previous year.
Even though the figures are reduced from that in 2013, it still is a slight increase from the third quarter of 2014 which was one of the worst for Samsung. We’ll be getting a better estimate on how the company will project into the future when the actual financials are published.
Source: Android Central