Samsung's Q4 2014 earning guidance indicate increased profit and sales

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Samsung seems to have gotten back on track, at least partially, when it comes to its sales and operating profit. The company has released the earnings guidance for the fourth quarter of 2014; according to estimates based on K-IFRS, Samsung had consolidated sales of approximately 52 trillion Korean won in Q4 2014, a noticeable increase over the third quarter. Profits also reportedly increased, with consolidated operating profit expected to stand at approximately 5.2 trillion Korean won (about $4.74 billion).

While these are only estimates, it looks like Samsung was able to hold off the decline of its profit and sales for the three final months of 2014. It remains to be seen how well the company's mobile business did in the period – the Galaxy Note 4's sales likely helped it a bit, though it will be interesting to see what part Samsung's mobile division played in Samsung Electronics' overall performance.

Source

Abhijeet Mishra - Editor-in-Chief

[email protected]

First Samsung device: SGH-D500

Abhijeet's writing career started with guides for custom firmware for Samsung devices (including the original Galaxy S), and he moved to SamMobile in mid-2013 and worked up the ranks to Editor-in-chief. In addition to phones and mobile devices, his interests include gaming on both PC and console, PC hardware, and spending countless hours on YouTube watching videos on tech, movies, games, politics, and internet dramas.

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Samsung's Q4 2014 earning guidance indicate increased profit and sales

Abhijeet Mishra - Editor-in-Chief

[email protected]

First Samsung device: SGH-D500

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