Samsung is still making a ton of money, but 2016 will be tough
Like Apple, the tech company warned that 2016 will be a difficult business environment. To help highlight that, it’s quarter to quarter profits fell, it’s quarter-to-quarter sales increased three percent.
Some bright spots in the results include shipments of tablets and television growing in the fourth quarter. The Note 5 and mid-low level smartphones shipments increased this year. It sold nine million tablets last quarter. For the TV market, it cites sporting events like the Olympics as a bright spot on the horizon for TV sales in the coming year.
The company is also hoping that its IoT, wearables and smart health businesses will become more relevant to the company’s bottom line in the future.
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