Connect with us

Tech News

Samsung beats Apple as the most profitable company of the moment



Many thought that the problem with Samsung Galaxy Note 7 could seriously affect Samsung in its future economic future. However the news that we received today with the financial results of Samsung we see that Samsung beats Apple as the most profitable company of the moment.

Long within the economic industry, it was advancing that Samsung could give this quarter a blow on the table showing results record for the company. It has finally confirmed that the last three months are one of the best periods in terms of benefits for the Korean manufacturer.

And is that throughout the second quarter of 2017 Samsung has generated a net profit of 9.9 billion dollars. To place in space and time what this figure supposes is enough to have a look at the same period of the previous year. If we compare them we see how the technology company enjoys an 89% increase in total profits. This is due in part to the revenue growth of the brand, which at $ 54.8 billion, grows compared to the $ 45.763 billion revenue that showed Samsung the same quarter last year.

Samsung overtakes Apple

Taking into account that Samsung not only lives from the sale of mobile phones, the company has grown in all segments, both in the semiconductor and in the sale of portable devices. In fact, the sale of components for other brands such as Sony or Apple itself accounts for 70% of those benefits that the brand has obtained in the second quarter of the year.

After the problems experienced with the Samsung Galaxy Note 7, it has been shown that the change of design and the new developments applied to the top of the range of the brand have meant that sales of the Samsung Galaxy S8 have surpassed even those of the Galaxy S7. Bringing together all of the manufacturer’s smartphone sales, revenue generated by the brand has been $ 26.950 billion, up 13% on the same period last year.

All these figures assume that the brand has become the most profitable in the world at the same time. Put another way, and fueling the fire of war between the major technology companies on the international scene, Samsung currently beats Apple as the most profitable company of the moment.

We will see who ends up winning at the end of the year after the launch of the expected Samsung Galaxy Note 8 and the iPhone 8 that will celebrate the tenth anniversary of the first iPhone marketing.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *




bsnl ussd codes bsnl ussd codes
Geeky2 months ago

BSNL USSD Codes List (BSNL Balance Check) (2018)

HELLO GUYS, are you looking for bsnl ussd codes?, no worries, we are here to help you but first let’s...

PDF to Word Converter PDF to Word Converter
Guides2 months ago

How To Edit PDF on Your Mobile Phone – Easy Way – PDF TO WORD CONVERTER

PDF TO WORD CONVERTER – The tech advances have brought us many new and interesting breakthroughs in the digital sphere...

check vodafone net balance check vodafone net balance
Geeky3 months ago

Vodafone: How to check 2G/3G/4G data balance & validity [ Check Vodafone Net Balance ] (2018)

Wondering how to check Vodafone net balance? Well if the answer is yes then we are here to help you...

screenshot on OnePlus 5T screenshot on OnePlus 5T
Guides3 months ago

How to capture a screenshot on OnePlus 5T | Guide

How to capture a screenshot on OnePlus 5T-After so many rumors emerged on the web, OnePlus has finally unveiled its latest flagship OnePlus...

follow hashtag on instagram follow hashtag on instagram
Guides3 months ago

How to follow hashtag on instagram | APK Technical

Follow hashtag on instagram – Instagram has introduced a new feature that allows you to follow the hashtags like we...

change wifi password change wifi password
Guides4 months ago

How to change wifi password in windows 10

Change wifi password in windows 10 -Your Wi-Fi router comes with a default network name and password, and both usually are...

windows 10 search not working windows 10 search not working
Computers4 months ago

Fix windows 10 search not working | Solution | APK Technical

Solutions if the windows 10 search not working There are several possible causes when the windows 10 search not working...

Screen overlay detected Screen overlay detected
Guides5 months ago

Fix ” screen overlay detected ” error on android – APK Technical

In this post we will talk about how to fix the error ” Screen overlay detected ” and will explain in depth what...

err_connection_timed_out err_connection_timed_out
Guides6 months ago

How to Fix err_connection_timed_out in Windows

Recently I stood up to ERR_CONNECTION_TIMED_OUT mistake while looking some sites using google chrome. This mistake is shown together with...

How to change Bsnl wifi password How to change Bsnl wifi password
Guides6 months ago

How to change Bsnl wifi password

BSNL is one of the biggest broadband suppliers in India. In the case that you have BSNL Broadband and Wi-Fi... Protection Status