Samsung generated an abysmal $556.5 million in operating profit when it announced its Q1 2023 earnings call, resulting in an eye-watering 96 percent decline compared to the previous quarter. At the time, it appeared that the best days were behind the company, but mimicking Huawei’s comeback, the Korean giant quickly phased past all the negatives and expects to post a whopping 931 percent profit in its upcoming Q1 2024 financials. Analyst believes that Samsung will post impressive earnings in Q1 2024 due to strong Galaxy S24 sales and memory price hikes A preliminary statement from Samsung provided some insight into […]
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