The biggest indicator of the operating profit for the current quarter may be the Samsung Electronics
Analysts expect Samsung Electronics to the end of the current quarter may bypass all other companies in the world in terms of operating profit.
The source reports that Samsung will overtake Apple and even Intel, not to mention companies such as Google, Amazon and Facebook.
At the moment it is believed that Samsung may get the figure of operating profit of $ 12.3 billion, while Apple’s forecast of 10.55 billion dollars. Such indicators of the Korean giant due in part to the impressive growth of its semiconductor business. It is believed that only this direction in the current quarter will bring the company more than $ 6 billion in operating profit.
Moreover, the total operating profit of the companies Facebook, Amazon, Netflix, Google (the source calls them FANG) is projected at the level of 11.15 billion dollars.