Samsung forecasts 5.1 billion earnings for Q4, mobile sales on decline

With recent organizational restructuring Samsung has been busy stabilizing the position of its devices in the flagship market. In this regard we have seen some serious measures taken by Samsung and now they seem paying too. It is expressed in the latest data revealed by Samsung showing $5.1 billion profit it attained in fourth quarter of 2015.

For Samsung the fourth quarter of 2013 has been the last time to register a high profit of $8.3 billion while the same period in 2014 recorded a downward profit of $4.4 billion. This showed Samsung profit in the flagship smartphone market going down to almost half. However, it improved the tables with $6.14 billion in 205 but it was for third quarter, which again came down to $5.1 billion by fourth quarter.

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Samsung at CES 201611

The details show Samsung still far behind the $8.3 billion profit with about a 15 percent decline in profit attained by the end of 2013. But comparing the profit in 2014 it seems to have achieved a bit stable position. This is also close to the predicted operating income by the Korean giant. With this stabilizing profit details Samsung has made its attempt to restore the confidence of its spectators in the smartphone market.

Samsung made this up with its key flagship devices including the Galaxy Note 5 and Galaxy S6 Edge+. Both of the flagship devices with their notable sales helped Samsung gain the profit of $5.1 billion. Also hundreds of other Samsung gadgets and components like its memory and displays helped their parts bringing the profit to the mark.

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According to certain analysis the profit is mostly got through the good performance of its flagship smartphones. Therefore, with appreciating profit in the smartphone market Samsung seems improving its position against the pressure it faces from the emerging vendors like Meizu, Xiaomi and others.

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