Samsung 1Q Op Profit, Revenue Beat Estimates

Samsung 1Q Op Profit, Revenue Beat Estimates

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Business

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Samsung's Q1 financial results exceeded expectations, with operating profit at 6.68 trillion won and revenue at 49 trillion won. The success is attributed to the early release and competitive pricing of the Galaxy S7, which features enhancements like waterproofing and longer battery life. Analysts had anticipated strong performance due to these strategic moves, and preliminary results have led to upward revisions in forecasts.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was Samsung's operating profit for the first quarter, and how did it compare to estimates?

6 trillion won, below estimates

5.5 trillion won, below estimates

7 trillion won, matching estimates

6.68 trillion won, above estimates

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the early release and pricing of the Galaxy S7 impact Samsung's financial results?

It contributed to better-than-expected financial results

It had no significant impact

It led to a decrease in sales

It caused a loss in market share

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategy did Samsung employ with the release of the Galaxy S7 that differed from Apple's approach?

Lowering prices with new models

Raising prices with new models

Removing features to cut costs

Releasing models later than expected

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are some of the new features of the Galaxy S7 compared to the S6?

Larger screen and higher price

Faster processor and higher price

Memory card slots and waterproofing

Better camera and no memory card slot

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the expected sales figures for the Galaxy S7 in the first month?

7 million units

5 million units

9 million units

12 million units