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Samsung Q3 2020 guidance

October 8, 2020 | technology | No Comments

A Samsung Electronics Co. corporate flag flies outside the company’s Seocho office building in Seoul, South Korea, on Wednesday, Feb. 7, 2018.

Jean Chung | Bloomberg | Getty Images

SINGAPORE — Samsung Electronics said Thursday its profit for the three months that ended in September likely rose 58% from a year ago. 

Operating profit for the quarter likely came in at 12.3 trillion Korean won (about $10.6 billion) up from 7.78 trillion won a year ago, Samsung said in its earnings guidance. That was higher than the 10.5 trillion analysts predicted for the September quarter, according to Refinitiv SmartEstimate. 

Consolidated sales were approximately 66 trillion won for the quarter, up about 6.5% from a year ago. 

Though the company did not provide a breakdown on how each business unit performed, some analysts previously predicted the September quarter results would be driven by an uptick in smartphone sales in the second

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Apple debuted the new Apple Watch Series 6 earlier this month and I’ve been testing out the new (PRODUCT)RED 44mm GPS model. At first glance it doesn’t seem much different than the Apple Watch Series 5, but there’s more than meets the eye.

Regular readers know I’m a sucker for buying colorful watches and phones so when I saw the new navy blue and red aluminum watch offerings I knew one of them had to be mine. While blue is one of my favorite colors, I couldn’t find one readily available and since I already purchased a (PRODUCT)RED Apple iPhone SE, I selected the red Apple Watch Series 6. These new colors are attractive and the one visually distinguishing difference between the Series 5 and Series 6.

Also: Apple Watch Series 5 review: This is the watch I’ve been waiting for

Specifications

  • Display: 1.2 inch (30.4mm) 240×240-pixel resolution transflective
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