Mar 28, 2017 02:45 PM EDT
Samsung is set to have their comeback on the market after they lost billions of dollars due to the Galaxy Note 7 disaster with the Galaxy S8. However, analysts said that their 2016 company year-end results would be higher compared to this year's predicted year-end result.
In an article published in Uber Gizmo, the year 2016 might have a better performance because of its higher operating profit and its strategy in managing to have a recovery. They predicted that Samsung's flagship smartphones would not really do the performance that the company is expecting that it could be at their lowest levels yet.
Analysts of Hana Financial Investment said that they believe the details that they found out about Samsung's flagship smartphones might hit and bring them to the lowest level. The analysts' research has shown that even though the company has its overall profits go up, their profits from the Galaxy S8 and the Galaxy Note series fell to 29 percent, which shows their lowest level yet.
In an article published by GSM Arena, it could be the first time for a flagship series to have accounted for less than 30 percent of a certain company's mobile profits. The year 2015 was not even a good year for the South Korean multinational conglomerate tech company, as the profits from the flagship series were reportedly at only 40 percent.
In a usual performance by Samsung smartphones, they could record profits in the second quarter of 2013 with a high percentage. Based on the Galaxy S4's performance, the company was able to account for 75 percent of the income due.
Another reason for the decline in profits from flagship smartphones like Samsung could also be attributed to the slowdown in overall growth in the smartphone market. What do you think of these analysts' report?