Subscribe to Updates

    Get the latest scintillating tech news from TechWafer about gadgets and entrancing business news.

    What's Hot

    realme Pakistan Embarks on a Strategic Partnership with Advance Telecom

    May 17, 2022

    Huawei Nova 9 launch in Pakistan offers Photography enthusiasts a new powerful device to play with

    May 17, 2022

    Best Chromebook for Zoom Meetings 2022

    May 16, 2022
    TechWaferTechWafer
    • Technology
    • Mobile
    • How to
    • Hardware
    • Business
    • Gaming
    • Prices
    TechWaferTechWafer
    Home » Samsung Could Become the Most Profitable Company for Q2 2017
    Apple

    Samsung Could Become the Most Profitable Company for Q2 2017

    Muhammad Irfan RazaBy Muhammad Irfan RazaJune 24, 2017Updated:November 30, 20192 Mins Read
    Samsung 2017
    Samsung 2017
    ADVERTISEMENT

    Samsung has its fingers dug in several industries whether it is TVs, Laptops, Smartphones, LEDs, Cameras and dozens of other electronics there is no doubt that the company is having great 2017 when it comes to revenue generation. According to a report coming from Korea looks like Samsung might become world’s most profitable company in tech for the second quarter of 2017. The report also indicates that Samsung may surpass Apple’s earnings.

    Most of the Revenue of Samsung come from NAND, DRAM and AMOLED Production Business

    Even having well know or we should say best brand among smartphone might not contribute heavily to company’s profit generations.

    Samsung will eventually release its financial results for the second quarter this year, the performance of the firm is going to be nothing like it is before. It claims that while the adjustments are going to be made in the upcoming report, it is possible that reported profit is much higher than the expected $11.6 billion to $12.3 billion.

    ADVERTISEMENT

    Samsung Q2 2017 Earning

    Apple’s Second Quarter Earnings?

    The same report suggests that Apple’s operating profits are set to be $10.5 billion revealing that Samsung is a most profitable brand in the tech industry in Q2 Earnings of 2017.

    Comparing the earnings of other companies too, the report also states that the combined operating profits of Facebook, Amazon, Netflix, and Google are currently estimated to be at around $11.15 billion USD by the end of the second quarter, which is less than what Samsung is expected to generate.

    As stated earlier, smartphones, tablets, and notebooks are not the primary revenue generator for the company since it has its hands dug in several industries ranging from NAND flash, DRAM, and AMOLED panels for mobile devices. Lots of companies, including Apple have either transitioned or will be transitioning to this display technology, leading to Samsung to generate an even higher operating profit.

    Well, official news from Samsung newsroom is yet to come so we will wait for confirmation, if the news turns out to be true it will be a huge win for Samsung over Apple.

    ADVERTISEMENT
    Share. Facebook Twitter WhatsApp Pinterest Reddit LinkedIn Tumblr
    Samsung Could Become the Most Profitable Company for Q2 2017Image Name
    Muhammad Irfan Raza

    Irfan Raza is Editor at TechWafer covering Everything about Apple including Mac, iPhones, iMac, iMac Pro, MacBook, and How-tos.

    Related Posts

    Huawei Nova 9 launch in Pakistan offers Photography enthusiasts a new powerful device to play with

    May 17, 2022

    Best Chromebook for Zoom Meetings 2022

    May 16, 2022
    Add A Comment

    Leave A Reply Cancel Reply

    Editors Picks

    Best Chromebook for Zoom Meetings 2022

    May 16, 2022

    POCO launches flagship POCO F4 GT smartphone – perfect for gamers!

    May 11, 2022

    PlayStation 6: Price, Release Date, Specs, And Features

    May 9, 2022

    Realme 9 Pro+: Sony IMX766 Sensor Sets It Apart from the Competition

    April 30, 2022
    ADVERTISEMENT
    Latest Updates

    realme Pakistan Embarks on a Strategic Partnership with Advance Telecom

    May 17, 2022

    Huawei Nova 9 launch in Pakistan offers Photography enthusiasts a new powerful device to play with

    May 17, 2022

    Best Chromebook for Zoom Meetings 2022

    May 16, 2022
    About Us
    About Us

    TechWafer.com is one of growing technology blog reviewing internet products and covering latest technology news. Do you love technology as much we do?

    Facebook Twitter Instagram Pinterest YouTube
    Our Picks

    realme Pakistan Embarks on a Strategic Partnership with Advance Telecom

    May 17, 2022

    Huawei Nova 9 launch in Pakistan offers Photography enthusiasts a new powerful device to play with

    May 17, 2022

    Best Chromebook for Zoom Meetings 2022

    May 16, 2022
    Sections
    • Featured
    • Technology
    • Mobile
    • Gaming
    • How to
    • Entertainment
    • Software
    • Hardware
    COMPANY
    • About Us
    • Advertise
    • Team
    • Contact Us
    • Cookies Policy
    • Privacy Policy
    • DMCA Policy
    © 2022 TechWafer

    Type above and press Enter to search. Press Esc to cancel.