Hi-Tech

Samsung Forecasts Record Profits for Q1

Samsung Forecasts Record Profits for Q1

The company also said that it has experienced "double-digit growth" (10 percent and more) in preorder numbers for the Galaxy S8 compared to a year ago for the two weeks that the pre-orders have been live.

This means that they are a lot more popular among consumers than Samsung's previous high-end smartphones.

If you're stuck between the Galaxy S8 and G8+, you might need to know that the latter phone is the best selling model, with Midnight Black being the "preferred choice of colour". TrendForce points out that the slightly lower QoQ decline is accounted for, in part, by strong sales of the recently launched iPhone 7 (PRODUCT) RED.

Second, consumers don't seem to be anxious that the Galaxy S8 will face similar problems as the Note 7. However, the report offered a more muted forecast for Galaxy S8 sales. Several reports have suggested the company's iPhone 8 will also have a bezel-less design, featuring a front panel that's nearly all screen.

The English-language version of Bixby could be delayed until the end of May, according to a source that spoke to The Wall Street Journal, but Samsung has not made a final decision on timing.

Dual-Screen Galaxy X on the Way? Furthermore, the demand for larger screen variants seem to be on a rise. This represents the highest pre-order volume in South Korean history.

It remains to be seen how much of a role handsets played in Samsung's first quarter success given the fact that its fourth quarter growth mentioned earlier was spurred on by record chip profits. 90% of their applied tech is bought from Samsung or other harware vendors. Many of these companies are nearly unheard of by the general public and just starting to get noticed by Wall Street.


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