Although Samsung broke a revenue record, it could not increase its profit!

With the completion of the third quarter in 2022, companies began to announce new revenue figures. The recent worldwide inflation With the company going through difficult processes, Samsung became one of these brands.

Samsung’s profit continues to fall

Samsung in 2022 third quarter According to the figures, it has reached record revenue figures. However, falling profit figures makes the company think. 4% increase over the same period last year. 54 billion dollars The South Korean producer, which earns income, is experiencing a significant decline in terms of profit.

between July and September $7.6 billion winning company, compared to the second quarter 23 percentIt has experienced a decline. On the other hand, considering the same quarter of 2021, the company’s loss of profit is 26 percentreaches .

End of the road for Samsung's foldable phone!

End of the road for Samsung’s foldable phone!

The Samsung Galaxy Fold, one of the first foldable phones released in 2019, has come to the end of the road.

According to the figures shared by the company, Samsung’s foldable devices Galaxy Z Flip4 and Galaxy Z Fold4 It has achieved significant sales figures. And also Galaxy Watch 5 and Galaxy Buds2 Pro are among the products that bring a significant profit to the company.

These phones are also Samsung Display It also seems to have generated substantial returns. On the other hand, the profit of Samsung Display TV and monitor It is observed that it decreases by half for the sections.

for Samsung fourth quarter It is also expected to be tough. With macroeconomic instability and geopolitical issues, Samsung may also face trouble in the last part of the year. On the other hand, Christmas with a significant increase in sales.

In order to increase its profitability in the upcoming period, the company tablet It plans to increase its sales. And also in wearable devices It is aimed to continue the double-digit growth. Samsung also S-Pen plans to improve its experience and increase its revenues.

The global experience economic crisis Along with this, companies’ revenues increase, while their profit rates decrease drastically. So what do you think about the third quarter figures of companies? You can share your views with us in the comments section.

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