Samsung hasn’t released its full Q2 2017 financial report, but it has come out with an earnings guidance. According to the guidance, Samsung will report $12.1 billion in profit and $52 billion in revenue for the three months ending June 30. That’s an 18% revenue increase year-over-year.
The profit figure is 72% higher than it was last year and it’ll represent the best quarter in the company’s history from that perspective. However, Samsung says these figures are still just estimates.
We’ll learn more about where the increase in profits came from in the final report.
