Ahead of Samsung Galaxy Note 9 launch, the company posted its quarterly earnings. Samsung reported a revenue of 58.4 trillion won ($52.1 billion) for the period, and operating profit of 14.87 trillion won ($13.3 billion), which is up 6%. The company also acknowledged the fact that the sales of Galaxy S9 were slow. The company…
Ahead of Samsung Galaxy Note 9 launch, the company posted its quarterly earnings. Samsung reported a revenue of 58.4 trillion won ($52.1 billion) for the period, and operating profit of 14.87 trillion won ($13.3 billion), which is up 6%.
The company also acknowledged the fact that the sales of Galaxy S9 were slow. The company didn’t share the exact number of units sold but noted that it was slower compared to 2018.
Samsung confirmed that it aims at better numbers moving forward especially with the upcoming Galaxy Note 9.
Interestingly, Samsung said that Galaxy Note 9 will be available for a reasonable price. We will have to wait for a week to find out what is a reasonable price according to Samsung. The company also shed light on its mobile division. Samsung plans to bring major cutting-edge technologies with the upcoming devices.
Samsung might be talking about the upcoming Galaxy S10, which is finally expected to bring an under-screen fingerprint reader or even the long rumoured Galaxy X foldable device. Whatever it might be, Samsung needs Galaxy S10 to work. The company has already been beaten by Chinese brands in many countries.
Via: BGR
