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Samsung announced strong third-quarter earnings guidance to investors on Friday despite its exploding smartphone woes, thanks in part to the company's component and display panel business.

The Korean technology firm said it expects to earn $7 billion in operating profit for the three months ended September 30 - a 5.5 percent improvement from a year earlier - in a quarter that includes Samsung's recall of 2.5 million Galaxy Note 7 smartphones.

Samsung_Logo-800x276.png

The company's final earnings won't be released until later in October, but the profit preview demonstrates Samsung's ability to rely on other phone and PC makers to drive sales, and underlines the robustness of Samsung's diversified business model during difficult times.

The company is now the undisputed market leader in DRAM memory chips and next-generation 3-D NAND flash memory chips. Samsung also has a substantial lead over its rivals in sales of OLED panels, which are increasingly being adopted for use in smartphones. Currently, Apple's only supplier signed on to create OLED displays for the iPhone 8 is Samsung.

The exploding Note 7 debacle has dominated headlines recently, with a U.S. passenger plane being evacuated just this week when one of the phones began emitting smoke. Shares dipped 13 percent following initial reports of the widespread problem, which analysts estimate cost the company between $1 and $5 billion, not discounting significant damage to its smartphone brand. And yet shareholders' confidence in Samsung's semiconductor and display manufacturing have seen shares rebound into record territory.

Expectations for corporate governance changes have also fueled some of the recent gains, according to The Wall Street Journal. A day before Samsung's Q3 earnings preview, shares jumped 4.5 percent to a new record high after U.S. activist investor Elliott Management Corp. argued that Samsung was undervalued by as much as 70 percent.

After the release of its earnings preview, Samsung's stock increased by an extra 0.9 percent to finish above the 1,700,000-won mark for the first time in its history.

Article Link: Samsung Quarterly Earnings Guidance Shrugs Off Galaxy Note 7 Woes
 

Kumaran

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Mac Fly (film)

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If iPhones were exploding at the rate Note 7's are, including replacement models—on airplanes!—the media and everyone in between would be calling for Tim's assassination. Public hanging locations would be discussed. Time Square and a giant cross the centre of Apple Campus 2 would rank among suggestions. The Verge article would be twice as long with innuendo and video after video and would subsequently stretch to 16 articles. The author would suggest Steve Jobs coffin be exhumed to check for burn marks. And online, in general, beyond English a new language would be developed specifically to make fun of iPhone with sentences never before thought possible. Beats would be mentioned.
 
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gpat

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Mar 1, 2011
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If iPhones were exploding in the numbers Note 7's are, including replacement models—on airplanes!—the media and everyone in between would be calling for Tim's assassination. The Verge article would be twice as long and would then stretch to 16 articles. Beyond English a new language would be created specifically to make fun of iPhone with sentences never before conceived.

Please.
 
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Abazigal

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Apple authors. Where is the news? (Latest news)

FRESNO WOMAN SAYS HER IPHONE EXPLODED AND CAUGHT ON FIRE IN HER BEDROOM

http://abc30.com/news/fresno-woman-...ed-and-caught-on-fire-in-her-bedroom/1543292/

There are plenty of reports recently about iPhone 6 and 7 explosions as well. But they are no news about that. What a shame! Apple media are very good at masking Apple problems.

Let's put it this way.

Even pro-Android websites are focusing overwhelmingly on the Note 7 issue, and aren't covering any similar situations with the iPhone. You think they would be the first to pounce on such news.

Nice try with the conspiracy theories though.
 
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smacrumon

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Jan 15, 2016
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There have been reports of Galaxy Note 7 replacement devices also catching on fire.

It's clear 2016 ain't Samsung's year and Apple is riding the wave with doing little to nothing.

Bring on 2017. There's been little inspiring or jaw dropping in tech during this year apart from the a Tesla Model 3.
 
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Mac Fly (film)

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There's been little inspiring or jaw dropping in tech during this year apart from the a Tesla Model 3.

Model 3 doesn't ship until 2018. What you need is some patience. Revolutionary products are few and far between. Apple makes polished products for the most part, not ones with 500 features. That's for the other guys and their explosive innnovations.
 
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Nr123*123

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Jul 1, 2014
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The irony that those bashing Samsung on here don't realise the iPhone likely wouldn't exist without all of the Samsung components.

The jump they have on Apple in terms of hardware is being hampered only by the software.

Competition is good.
 
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Jsameds

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Apple authors. Where is the news? (Latest news)

FRESNO WOMAN SAYS HER IPHONE EXPLODED AND CAUGHT ON FIRE IN HER BEDROOM

http://abc30.com/news/fresno-woman-...ed-and-caught-on-fire-in-her-bedroom/1543292/

There are plenty of reports recently about iPhone 6 and 7 explosions as well. But they are no news about that. What a shame! Apple media are very good at masking Apple problems.

Every device that uses a lithium ion battery has a chance of exploding, iPhones, Galaxys, Nexus' - all of them. All manner of devices explode all the time for a multitude of reasons.

What sets the Note 7 apart is the frequency it's happening per unit sold, it's thousands of times more frequent than any other device, hence the recall. It's just basic statistics.

If MR decided to report on every time a phone exploded there'd be an article a day, that's why they don't do it. Nothing to do with "masking Apple problems".
 
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Mac Fly (film)

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The irony that those bashing Samsung on here don't realise the iPhone likely wouldn't exist without all of the Samsung components.

Yes it would. Apple uses Samsung against other suppliers for price competition. Every Samsung component in iPhones is also made by others. Samsung lose as many contracts as they win. A10 is fabbed by TSMC. There's no irony.
 
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smacrumon

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Model 3 doesn't ship until 2018. What you need is some patience. Revolutionary products are few and far between. Apple makes polished products for the most part, not ones with 500 features. That's for the other guys and their explosive innnovations.
I actually disagree that Apple makes polished products. It makes mostly good looking products with thoughtful features, but they can be somewhat defective. A group of us got together this past week and were discussing macbook upgrades and problems we've had with our own MacBooks and other products. Screen issues, buzzing, discoloration, problem pixels. Keyboard keys that don't work sometimes (because we are hitting the key wrong). Power charging issues. Over priced replacement for defective chargers. Apple makes good looking devices, but the quality is not there, nor are the devices durable. The Apple promise is large and Apple completely does not deliver.

Correction. Tesla Model 3 starts production and shipping late 2017 by the way.
 
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smacrumon

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Elon-time. Tesla, like BlackMagic Design always ship late.
[doublepost=1475836642][/doublepost]
Explosions always make you jump.
Reserve your Tesla ships late comment for when it actually happens. Unlike Apple, Tesla give indications when it will ship products. Based on the MacRumors buyers guide, Apple has chronic issues with shipping late across a number of lines, in particular MacBook.
 
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keysofanxiety

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Nov 23, 2011
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Apple is plying a long game very nicely. The so called competition is like a frog in slowly boiling water.

Yep. Apple are single-handedly tearing Qualcomm a new one with their in-house chip design. Half the cores, half the clockspeed, yet they still cream them in multicore. Plus the difference in singlecore is so far ahead, it's almost comical.

But that's not innovation. :rolleyes:
 
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Hanzu Lao

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Yep. Apple are single-handedly tearing Qualcomm a new one with their in-house chip design. Half the cores, half the clockspeed, yet they still cream them in multicore. Plus the difference in singlecore is so far ahead, it's almost comical.

But that's not innovation. :rolleyes:

If it's not curved it's not innovation. Oh and must be oled. So much better.
 
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keysofanxiety

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Nov 23, 2011
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The threshold is when Apple says "Power down your Iphone 7 until a safe replacement arrives"

Which happened never

Yeah, but that's because of the Apple media conspiracy, Amacfa. Didn't you know that the iPhone 7 also has a manufacturing defect which causes them to explode? :rolleyes:
 
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Amacfa

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Apple makes good looking devices, but the quality is not there, nor are the devices durable. The Apple promise is large and Apple completely does not deliver.

Correction. Tesla Model 3 starts production and shipping late 2017 by the way.

Go buy the competition, they're way better in quality :rolleyes:
 
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Nr123*123

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Jul 1, 2014
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I'll just leave these here and let you continue this weird obsession with Apple; like you made the product. I don't doubt Apple makes great phones; I have a 6s and a retina MacBook pro, but I'm open to other manufacturers and don't like complacency.

Mobile Choice Consumer Awards

Samsung's Galaxy S7 Edge crowned phone of the year

http://www.techradar.com/news/phone...-the-year-at-the-mobile-choice-awards-1330061


T3 Awards

Samsung S7 Edge 'phone of the year' after Galaxy Note 7 recall

http://news.sky.com/story/samsung-s7-edge-phone-of-the-year-despite-explosions-10597401
 
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