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Tuesday, July 14, 2020

Apple helps Samsung report stronger than expected Q2 earnings estimate

what its second-quarter earnings numbers should look like when it soon reports the final figures. The manufacturer says that it expects to report a 7% annual decline in second-quarter revenue to 52 trillion Korean won. At current exchange rates, that works out to $46 billion U.S. dollars. Operating profit for the three months ended June is estimated at 8.1 trillion Korean won ($6.6 billion USD), up 23% year-over-year.

The results topped analysts' consensus estimates of 51 trillion won in revenue and operating earnings of 6.5 trillion won. Helping Sammy ...

from PhoneArena https://ift.tt/2DLNUs5

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