Samsung Electronics has announced its earning guidance for the second quarter of 2015 and has shown consolidated sales of approximately 48 trillion Korean won. Moreover the company has stated its consolidated operating profit to be approximately 6.9 trillion Korean won.
Well these figures are just mere estimates but if they are true than Samsung is in for another rough year ahead as the operating profit for the second quarter of 2015 has dropped by 4 percent from the previous year.
The second quarter earnings are very important as this is the first quarter that will take the Galaxy S6 sales into account. The Galaxy S6 was said to help Samsung revive its profits after the decline that it saw due to the Galaxy S5.
Even though the sales of the Galaxy S6 are much better they aren’t enough to help Samsung Electronics to experience a rising profit. According to analysts everyone had really high expectations from the Galaxy S6 and it hasn’t met those expectations.
