The iPhone X was always supposed to be lucrative for Apple arch-rival Samsung, but $14 billion may exceed the chaebol's wildest dreams.
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Analysts predict two more record-breaking quarters for Samsung this year
Samsung could enjoy three consecutive quarters of record profits this year, with Q3 and Q4 tallies projected at $12.5 billion and $13.6 billion.
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Apple reports strong Q3 revenue growth on steady iPhones, surging iPads, record services
Total Apple revenue was on the rise this past quarter compared to last year, and it's all thanks to "services." And iPads. And of course, iPhones.
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‘Weaker than expected’ LG G6 had a ‘challenging’ quarter, but the company still made a little money
As attractive as we found it, the LG G6 simply didn't sell well during Q2 2017. But the company's home appliances and TVs were profitable enough.
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Samsung releases final record-crushing Q2 profit numbers, Galaxy S8 and chips deemed top performers
Samsung profit numbers exceeded expectations and crushed past records during the year's second quarter, thanks mainly to chips, OLEDs and Galaxy S8s.
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LG predicts shrinking overall Q2 profits, high G6 marketing costs likely to cause massive division loss
Instead of helping LG's smartphone division finally yield a quarterly profit, the G6 contributed to bigger losses and lower overall earnings.
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Samsung probably made more money than ever in Q2 2017, even more than Apple
Thanks to the beloved Galaxy S8 duo, but more importantly memory chips and OLED screens, Samsung expects to post record profit numbers this Q2.
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Samsung Galaxy S8 predictably costs more to make than S7 and S7 Edge, way more than iPhone 7
At an estimated $307.50, Samsung's Galaxy S8 bill of materials, manufacturing costs included, exceeds Apple's iPhone 7 expenses by more than $80.
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Samsung officially forecasts rising profits for Q1 2017, nearly breaking all-time records
Even with the Galaxy Note 7 out of the picture, the Galaxy S8 not yet released and the S7 getting a bit long in the tooth, Samsung made a boatload of money.
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Apple profits plummet to 79 percent of smartphone industry share in 2016
Apple undisputably owns the profits crown in the smartphone industry with more than 100 percent share in some quarters. But this is a marked decrease.
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Parts maker lost money on highly profitable Apple Watch Series 2 in 2016
The Apple Watch Series 2 helped Infinite Loop pad its holiday earnings, but it cost its touch panel maker the year in profits. Who's to blame?
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Sony Mobile had another weak quarter, selling just 5 million Xperias over the holidays
Not only are Sony smartphones unprofitable or barely profitable these days, also selling in negligible numbers worldwide quarter after quarter.
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‘Weak’ LG G5 blamed for yet another even more disappointing company quarter
LG is quick to single out the very weak-selling G5 as the culprit of the company's big overall Q4 financial losses, but that's not entirely fair.
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What Galaxy Note 7 debacle? Samsung releases stellar Q4 2016 and full-year financial results
Memory chips, displays, as well as low and high-end smartphones, have helped Samsung not just neutralize Note 7 losses, but post healthy Q4 2016 profits.
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Huawei, Vivo and OPPO share modest Q3 domination of Android smartphone profits
The Android smartphone market needs another hero after Samsung’s abrupt fall from grace this past quarter, with three Chinese OEMs actually rising to the challenge and splitting Apple’s scraps, according to fresh Strategy Analytics research.
This particular consulting firm estimates iPhones captured a record 91 percent share of $9.4 billion total worldwide industry profits, which makes a little more sense than mind-boggling numbers previously thrown around by BMO Capital Markets analysts.
Either way, Cupertino still has no rival to first place in global profitability ranks, especially now that Huawei, Vivo and OPPO are essentially tied in second, third and fourth positions, with Samsung falling to the “Others” category.
And sure, a 2.4 percent slice of the operating profit pie, equating to roughly $200 million, doesn’t sound impressive for the world’s third largest smartphone vendor when Apple scored mobile gains of $8.5 billion between July and September 2016.
Then again, Huawei’s $200 million quarterly surplus is practically a match for the combined tally of all the “other” OEMs, including Samsung. Vivo and OPPO continue to make waves with “disciplined pricing and soaring shipments across Asia”, themselves breaking away from the losing pack, at $200M profits each.
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