Samsung 1Q Op Profit, Revenue Beat Estimates

Samsung 1Q Op Profit, Revenue Beat Estimates

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

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.

Read more

5 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategy did Samsung employ with the release of the Galaxy S7 models?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the new Galaxy S7 smartphones perform in the market according to analysts?

Evaluate responses using AI:

OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What were the operating profit and revenue figures reported by Samsung for their first quarter?

Evaluate responses using AI:

OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

What features do the Galaxy S7 models include that differentiate them from the S6 models?

Evaluate responses using AI:

OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the expected sales figure for the new Galaxy S7 models in the first month?

Evaluate responses using AI:

OFF