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Samsung Posted Higher Operating Profit Than Apple for Q2, but Its Chip Business Was the Company’s Actual Savior

Samsung Posted Higher Operating Profit Than Apple for Q2, but Its Chip Business Was the Company’s Actual Savior

6 years ago
Anonymous $oIHRkISgaL

https://wccftech.com/samsung-posted-higher-profit-than-apple-q2-2018/

Despite lukewarm sales, Samsung managed to breeze past Apple in terms of profitability and the company has its chip division to thank for that. The latest Industry data has revealed that Samsung posted sales of $52.1 billion, but if you look carefully, the difference between the operating profits of both tech giants is nothing too extraordinary.

Apple made sales of $53.2 billion in the second quarter of 2018 and reported an operating profit of $12.6 billion, and if you’ve been following the industry for a long period, you’ll know that the California-based giant’s bread and butter come from iPhone sales. Samsung trailed behind Apple by more than 10 percent in terms of profit margin in the second half of 2016.

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