Tencent Technology News according to foreign media reports, Apple Inc's competitor Samsung Electronics made a record operating profit of 12.65 billion US dollars in the second quarter, while also exceeding Apple Inc's expected profit for the same period. However, once the new iPhone released this autumn begins to ship, the situation may be reversed.
Samsung Electronics reported second-quarter operating income of 61 trillion won ($54.819 billion), up 19.7% from a year earlier, and operating profit of 14.07 trillion won ($12.65 billion), up 72.9% from a year earlier. Net profit was 11.05 trillion won ($9.921 billion), up 72.7% from a year earlier, all of which set new records.
Samsung said its impressive performance in the second quarter was mainly due to increased sales of memory chips, including DRAM and NAND modules.
In fact, although sales of the Galaxy S8 and S8 + were 15% higher than those of the S7 series, Samsung's mobile division's second-quarter profit fell 4.7%.
By contrast, Apple Inc has a second-quarter profit forecast of $10.54 billion. However, for Apple Inc, the second quarter of each year is usually a low point in financial performance, because it releases new iPhone every year in the third quarter, so iPhone sales usually decline in the second quarter, and it usually does not release other new products at this time, so it can not fill this gap.
In September, Apple Inc is expected to launch three new iPhone models, of which the iPhone 8 may be equipped with a 5.5inch edge-to-edge OLED display. The OLED display is made by Samsung, which has almost complete control of the smartphone OLED display market, while LG and Foxconn's Sharp are just starting to increase production capacity.
Two other new iPhone models, the iPhone 7s and 7s Plus, will have 4.7in and 5.5in LCD screens. They may have some of the same configurations and functions as iPhone 8, such as wireless charging, but not 3D facial recognition, rear laser modules for autofocus and AR applications. (compiled / Lin Jingdong)