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Author Samsung Electronics expected to report the highest operating profit in the world
Tsepz_GP
Apple iPhone 6 Plus
Joined: Dec 27, 2006
Posts: > 500
From: Johannesburg, South Africa
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Posted: 2017-06-20 16:50
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Samsung Electronics’ Q2 operating profit is projected surpass that of Apple. In fact, it’ll be more in line with Facebook, Amazon, Netflix, and Google’s operating profits put together.

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To put it in perspective, Samsung Electronics’ biggest rival, Apple, is estimated to have made $10.55 during the same quarter; in fact, Samsung’s $11.6 to $12.3 billion figure is said to be similar to the operating profits of Facebook, Amazon, Netflix, and Google combined. The total operating profits from these four companies during Q1 was around $11.15 billion. Other large corporations like Exxon Mobil and Walmart are unlikely to pass the $10 billion mark, the report claims.


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