Final results for Samsung's financial standings at the end of the first quarter of 2016 have been revealed and it looks extremely good, especially in a market which is facing a standstill from many aspects. A 12% increase in operating profit along with a 5.7% boost in overall revenue has actually exceeded even Samsung's own optimistic expectations. Samsung's earnings guidance had predicted an operating profit of $5.7 billion/KRW 6.6 trillion and total revenue of $43.3 billion/ KRW 49 trillion for this quarter. The actual figures exceeded those predictions as the total revenue turned out to be $43.46 billion/ KRW 49.78 trillion, while the operating profit at the end of Q1 stands at $5.82 billion/ KRW 6.68 trillion.
In addition to attributing these numbers to the early launch decision and the consequent success of the S7 series, the Korean Electronics giant also mentioned "improved memory product mix, expanded 14nm supply of System LSI products and increased sales of OLED panels." In its mobile business alone, the operating profit has gone up by a whopping 42% in year-on-year comparison, as the number stands at $3.4 billion/ KRW 3.89 trillion. The consolidated revenue of Samsung Mobiles was reported to be $24.12 billion/ KRW 27.60 trillion in Q1 2016, an increase of 6.6% when compared with Q1 2015.
The company also mentioned that they expect smartphone demands to go down as the year progresses, while the market for tablets will continue to diminish even further. When asked about Samsung's plans for the rest of the year, it was mentioned that Samsung "will reinforce its leadership in the premium smartphone segment on the back of the Galaxy S7 and S7 edge, while continuing to increase volume and improve profitability in the mid-to-low-end segment."
Author: Saikat Kar (Tech-journalist and enthusiast)
The crypto market is one of the thriving areas in the financial sector. The fast growth, however, makes it hard and stressful to narrow down the market for casual investors, beginners, and even seasoned traders.
Good news! The integration of technological advancements makes the trading industry more manageable and simpler than ever. At bitcoin360ai you can even try the ai trading bot for free. But the high demand for crypto platforms affects your selection process.
A quality crypto robot is tailored to execute trading faster and more efficiently than other traditional techniques. So, be keen when picking the solution that suits your requirements. Do not take shortcuts. Take your time.
Important Considerations When Searching the Right Trading Solution
Reliability - Does it Ensure Good, Immediate & Long-Term Results?
One of the most crucial aspects when choosing a crypto application is reliability. Of course, you want something that you can depend on at all times while enjoying good results. Also, you prefer an option that lets you take advantage of any trading opportunities.
To measure the reliability of software, read customer reviews online. When there is negative user feedback, remove the trading platform on your list. If you find a tool that receives positive client reviews, it's worth the cost. Don't be enticed by cheap prices. Always invest in platforms that are available at the most competitive rate.
Transparency - Keep You Informed and Avoid any Guesswork
Any investment is filled with risks. Crypto trading is no exception. In cryptocurrency, it is hard to predict what will happen in a specific session. Trading robots, however, can do better than you've ever imagined.
Bitcoin is one of the most popular cryptocurrencies because of transparency, leaving nothing hidden.
The same should apply to software in crypto trading. When choosing an application, make sure it shows the trading process, how the profits are made, etc.
To measure the transparency of a platform, check reviews online. The option that has the most positive customer feedback won't give you a hard time. Also, select a developer with a trusted and known reputation. A reputable company will respond to your concerns and other queries on time.
Security - Is it Safe? Does it Pose Any Potential Risk?
What is the main reason behind technological development or advancement? Probably, it has been developed to make our lives easier. But, similar to cryptocurrency and other investment opportunities, the technology comes with risks. As a trader, you have to be cautious so that all your efforts won't go to waste.
Yes, online trading is a fun way to generate and double your funds. Unfortunately, the irreversible losses are high. So, before settling on trading software, ensure that your option is secure enough to keep hackers away.
Once you integrate a platform in your crypto activities, you will give it full access to your funds and other important details. This is a bit risky, so work with a trusted and reliable option for your convenience.
Usability - Is It User-Friendly? Is It Easy To Navigate?
Perhaps, you have used a trading application before. How was the experience? Was it inefficient and difficult to navigate? If yes, look for a user-friendly solution. Ask whether or not it has a simple interface. Also, determine if it is perfect for those who are less tech-savvy. If you have a hectic schedule, you deserve software that does not require a complicated procedure to follow.
Profitability - Does it Drive Profits or ROI?
What's your goal in getting a trading application? Of course, you want to maximize your ROI while minimizing the risks. So, pick a profit-driven solution.
If you have been using an bitcoin fast profit software, it's time to replace it with something cutting-edge and feature-packed. Identify your needs before making a decision! Seek assistance from other traders. Enjoy!