Analysts are predicting Samsung to a record profit for the current quarter
According to the source, analysts at IBK investment & Securities believe that the Galaxy smartphones and Galaxy S8 S8+ will help Samsung to achieve record profits in the current quarter.
They believe that the operating profit of the Korean giant will reach $ 11 billion, which is 49% higher than the figure recorded a year ago.
Moreover, it will be a new record for Samsung since the second quarter of 2013, when the launch of the Galaxy S4 helped the company to reach 9.2 billion dollars in profit.
Analysts also believe that the high demand for memory 3D NAND and OLED panel, together with the success in the smartphone market, will help Samsung to increase its annual profit by 69% and revenue by 14%.
Dongbu Securities analysts also believe that the new flagship smartphone will allow Samsung to increase operating profit. But their Outlook is slightly smaller: 10.5 billion dollars for the quarter.
Recall that the novelty will appear on sale on April 21.