Friday, April 29, 2016

S7 takes Samsung to profits and retrieves cover losses iPhone – Porto Canal

The Samsung brand showed a profit of 14% for the first quarter, one day after Apple announced the iPhone in low sales. The failure of Samsung S6 motivated the anticipation of the launch of the S7 and S7 Edge for March, a month earlier than usual.

After the year 2015 downwards, Samsung has managed to reverse the sales losses, counting this with the new S7 model, in which were corrected many of the flaws of the previous model, with protection against water and increased memory capacity micro SD card. The failure of Samsung S6 motivated the anticipation of the launch of the S7 and S7 Edge for March, a month earlier than usual.

The new model gives hope to achieve, for the first time in three years, annual profits in division of mobile devices. In the first quarter, net revenues increased 14.1% over the same period of 2015 to a little over 4,000 million euros.

The crisis of the iPhone, unveiled by the announced sales break (the first since the model was launched, more than a decade), was demonstrated in trading on Wall Street: falling 6.26%, returning the titles of Apple to negotiate, within two months, down from $ 100 per share. In the case of Samsung, the decision to buy back own shares were prevented reflection on the stock exchange’s success in numbers, having actually been registered a higher 2% loss in trading today. There was thus an immediate recovery from the losses which in 2005 led 8,000 million market capitalization.

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