Samsung is one of the biggest smartphone manufacturers out there and this has been the case for years now. The company had a profitable 2015 in both sales of actual devices and revenue.
The company just announced earnings guidance for the last quarter (Q4) of 2015. These show that the company managed to record operating profit of around $5.08 billion for this quarter. This is a rise of 15% from the same period in 2014 (Q4).
Compared to the previous quarter (Q3 of 2015), the company’s profit went down by 18%. This is quite a drop and represents a slowdown Samsung has seen for a while now. It seems like the new flagships from the company helped with sales during the holiday season.
As for sales, Samsung is forecasting that they will top $46.4 billion which is slightly up from the $43.6 billion figure recorded during the same period in 2014. These are just forecasts and the company will release the final figures later this month.