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Samsung to Declare Record Q1 Results, Bumper 2017 Predicted on S8 Profits

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Samsung is on course to record a three and a half year high in first quarter profits this year, with analysts predicting record earnings for the rest of 2017 as the company gears up to start selling its Galaxy S8 smartphone (via Reuters).

Shares in the tech giant are nearing record highs after gaining nearly 17 percent since the beginning of Q1, coming on top of a 43 percent surge in 2016. The numbers are particularly impressive, given the costly discontinuation of its fire-prone Note7 in October and an ongoing corruption scandal involving the company's chairman Jay Y Lee, who is currently on trial for bribery and other charges. Samsung will issue its earnings guidance early on Friday.

Its resilience is being put down to its dominance in the NAND flash memory market and a boom in memory chips spurred by demand from smartphones and servers. Estimates suggest its January-March operating profit from could hit 9.4 trillion won ($8.44 billion), with its chip division alone making up 5.8 trillion won of that figure, which would stand as the South Korean firm's highest profit since Q3 2013.

Galaxy-S8-800x468.jpg

Analysts expect tight supply conditions for memory chips to continue this year, particularly in NAND flash chips used for long-term data storage. Factor in uncertainty over the fate of Toshiba's flash unit, which accounts for 20 percent of the market and is currently the subject of a bidding war, and that leaves Samsung's mobile division as its key earnings variable.

Analysts are bullish about Samsung's prospects, however. The Galaxy S8 has been praised following its March 29 launch, with sales expected to exceed the S7 and set a new record for the company.
"We think the S8 series will definitely be a strong flagship for Samsung and help it gain back market share," Counterpoint analyst Tom Kang said.

"The launch of the fully revamped iPhone 8 will also be threatening. But there is also pent up demand for Samsung devices rolling over from last year due to the disappearance of the Note 7," he said. "So those 2 factors will balance out."
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Samsung share prices have already benefitted from reports that the firm will be Apple's sole provider of OLED displays for the highly anticipated "iPhone 8". Earlier this week, reports indicated Apple has already placed orders for 70 million OLED panels for the phone, which is expected to feature a major design overhaul with an edge-to-edge display, glass body, and a premium price tag.

Article Link: Samsung to Declare Record Q1 Results, Bumper 2017 Predicted on S8 Profits
 
Article Link
https://www.macrumors.com/2017/04/05/samsung-record-q1-profit-results/
Hooooooooold on just a minute there. I though the Note 7 debacle did - and I think it went like “irreparable damage to the brand that they can never recover from”?
I’m calling this as fake news!
 
Relentless Power said:
I think the Galaxy S8 is going to be a huge impact for Samsung and considering if a Note 8 debuts in August, but the end game is to see what Apple releases come September. It's Going to be a very interesting year indeed.
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I don't know about you but I'm glad I have more interesting things than that in my life lol. Just kidding man.
 
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Everybody was like doom and gloom for Samsung. This might be one of the only phone OEM's that can survive a massive recall and still do good. And it's the reason why the Note series still lives on. I'm seriously looking at the Note 8 if Apple does not deliver this year.
 
H2SO4 said:
Hooooooooold on just a minute there. I though the Note 7 debacle did - and I think it went like “irreparable damage to the brand that they can never recover from”?
I’m calling this as fake news!
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Which is fake news: the record results or "the irreparable damage to the brand that they can never recover from"?

If I had to bet on either of those, I'd spend about a second thinking how long "never" is and bet accordingly. For example, anyone want to place a bet against "it will never snow in Miami?" Or "an iPhone will never melt down?"
 
djcerla said:
More like "Bumper 2017 predicted as Apple orders metric tons of parts".
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Exactly. As always samsungs profits are proportional to apples success. Thievery. When are Samsung just going to fold and die away. Competition is healthy but not when the competition are blatant thieves. I despise that company and always shudder if I walk past their section in an electrical store.
 
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triton100 said:
Exactly. As always samsungs profits are proportional to apples success. Thievery. When are Samsung just going to fold and die away. Competition is healthy but not when the competition are blatant thieves. I despise that company and always shudder if I walk past their section in an electrical store.
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Might I suggest you get a hobby... or counseling?:p:D The S2 was a long time ago. Apple doesn't care and neither should you. Be happy with your Apple products and let go of the irrational hate. It's not healthy.
 
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cdmoore74 said:
Everybody was like doom and gloom for Samsung. This might be one of the only phone OEM's that can survive a massive recall and still do good. And it's the reason why the Note series still lives on. I'm seriously looking at the Note 8 if Apple does not deliver this year.
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This is a good point. Honestly, Samsung is probably in a better situation than Apple. Can you imagine if the iPhone 7 had to entirely be recalled and discontinued? Not only would that absolutely kill sales for a year (presumably they wouldn't have been able to rush out a new iPhone), but the news spin would have been ridiculous. Samsung has a huge backlog of phones they can fall back on. The iPhone would have been dead in the water for a full year.
 
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69Mustang said:
Might I suggest you get a hobby... or counseling?:p:D The S2 was a long time ago. Apple doesn't care and neither should you. Be happy with your Apple products and let go of the irrational hate. It's not healthy.
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Ha well obviously I was somewhat exaggerating for affect but the unexpected upshot is I've discovered a caring friend. Thanks for the concern and valuable life advice. When will you be coming round for tea ?
Ps trust me Apple do care. And it certainly isn't irrational to look unfavourably upon theives. I'm sure if someone entered your home and made away with your possessions you would not be so zen in your reaction. Though I do appreciate it is not healthy. Irrational though ? Incorrect
 
triton100 said:
Ha well obviously I was somewhat exaggerating for affect but the unexpected upshot is I've discovered a caring friend. Thanks for the concern and valuable life advice. When will you be coming round for tea ?
Ps trust me Apple do care. And it certainly isn't irrational to look unfavourably upon theives. I'm sure if someone entered your home and made away with your possessions you would not be so zen in your reaction. Though I do appreciate it is not healthy. Irrational though ? Incorrect
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You are more than welcome. And of course I care. I mean, if we can't care for our fellow man, what are we? As for tea, let's say around 5-ish since I like scotch in mine and drinking before noon is frowned upon in certain circles (mainly all of them).
This theft you keep mentioning... is it also exaggerated for effect since patent infringement isn't really theft is it? Seems more akin to copying, imo. Equally, since most of the pertinent patents have been invalidated around the world it hardly rises to the level of "theft"; again, imo. Do I think Sammy copied some of Apple's design elements? Yup. Do I think those elements should have been patented in the first place? Nope. Prior art. Apparently, courts around the world didn't think so either.

You're analogy. It needs work. If someone entered my home, saw what I had and wen't out furnished their home similarly (which is what Sammy did imo) then I would be annoyed maybe, I guess.
 
69Mustang said:
You are more than welcome. And of course I care. I mean, if we can't care for our fellow man, what are we? As for tea, let's say around 5-ish since I like scotch in mine and drinking before noon is frowned upon in certain circles (mainly all of them).
This theft you keep mentioning... is it also exaggerated for effect since patent infringement isn't really theft is it? Seems more akin to copying, imo. Equally, since most of the pertinent patents have been invalidated around the world it hardly rises to the level of "theft"; again, imo. Do I think Sammy copied some of Apple's design elements? Yup. Do I think those elements should have been patented in the first place? Nope. Prior art. Apparently, courts around the world didn't think so either.

You're analogy. It needs work. If someone entered my home, saw what I had and wen't out furnished their home similarly (which is what Sammy did imo) then I would be annoyed maybe, I guess.
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My analogy does not need work. Copying is theft.
If you spend a month painting a piece of artwork, only to find someone 'borrows' it and runs off copies which he sells for cut price, also taking credit for the origination, as well saturating the market and lowering the value, how would you feel after the cost you outlayed for all the expensive materials needed, and the many hours and time spent on it. Only for someone else to reap all the rewards.

That is theft.

The fact you needed it spelt out makes me wonder if you indeed are drinking scotch prior to the midday hour.
 
triton100 said:
My analogy does not need work. Copying is theft.
If you spend a month painting a piece of artwork, only to find someone 'borrows' it and runs off copies which he sells for cut price, also taking credit for the origination, as well saturating the market and lowering the value, how would you feel after the cost you outlayed for all the expensive materials needed, and the many hours and time spent on it. Only for someone else to reap all the rewards.

That is theft.

The fact you needed it spelt out makes me wonder if you indeed are drinking scotch prior to the midday hour.
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I hate to be the one to tell you, but for analogies to be effective, they actually do have to work. That's what makes them, you know, analogous. What you're doing is creating hypothetical situations to bolster your narrative. You're crafting them around your preconceived idea to add validity to said idea. What you describe above and in your previous quote bares no semblance to Apple v. Samsung.

Partial disclosure: You may or may not be correct about my drinking. I may or may not have started at 9am. That's neither here nor there. Nor provable. However, your use of slanted hypothetical scenarios makes me wonder if you actually know what transpired in those cases. Admittedly, it could be the affects of the alcohol, but I have a sneaky suspicion you might not be able to discuss the topic without resorting to colorfully descriptive hypothetical scenarios.

It's okay though, since I might not be able to get out of my chair make it to fridge for more ice. Fortunately, it's not exactly necessary.
 
69Mustang said:
I hate to be the one to tell you, but for analogies to be effective, they actually do have to work. That's what makes them, you know, analogous. What you're doing is creating hypothetical situations to bolster your narrative. You're crafting them around your preconceived idea to add validity to said idea. What you describe above and in your previous quote bares no semblance to Apple v. Samsung.

Partial disclosure: You may or may not be correct about my drinking. I may or may not have started at 9am. That's neither here nor there. Nor provable. However, your use of slanted hypothetical scenarios makes me wonder if you actually know what transpired in those cases. Admittedly, it could be the affects of the alcohol, but I have a sneaky suspicion you might not be able to discuss the topic without resorting to colorfully descriptive hypothetical scenarios.

It's okay though, since I might not be able to get out of my chair make it to fridge for more ice. Fortunately, it's not exactly necessary.
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Nope nothing I said is hypothetical or created to bolster a narrative, or any other such derivative you care to manifest to attempt to suppress my argument. Samsung's manual on 'how to copy the iphone' that was internally circulated, but as with everything was inevitably leaked, lays all bare.
 
Relentless Power said:
I think the Galaxy S8 is going to be a huge impact for Samsung and considering if a Note 8 debuts in August, but the end game is to see what Apple releases come September. It's Going to be a very interesting year indeed.
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The Note 8 will not be released in August this year...Samsung is looking at a October or November release date for this device......thinking it will be smarter for them to debut there device after Apple debuts theirs...since it will surely have all the bells and whistles unlike a iPhone.
 
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jamesrick80 said:
The Note 8 will not be released in August this year...Samsung is looking at a October or November release date for this device......thinking it will be smarter for them to debut there device after Apple debuts theirs...since it will surely have all the bells and whistles unlike a iPhone.
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Do you have a valid source that indicates that Samsung confirms that the Note 8 will debut in October or November?

Also your last statement about the iPhone unlikely to have all the bells and whistles, is highly anecdotal and an opinion at that. Because you can't make a justified fact about an iPhone it's not even released yet.
 
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