Samsung has released its earnings guidance for Q4 2015, forecasting an operating profit of 6.1 trillion won (US$5.08 billion) during the quarter. While the figure is 15.3 percent higher than what the vendor managed in Q4 2014, it is a decrease of 17.5 percent from the $6.46 billion netted in Q3 2015.
Samsung estimates overall sales revenues of 53 trillion won ($46.4 billion), a modest increase from last quarter's 51.6 trillion won. Less-than-favorable exchange rates combined with a decline in smartphone sales are said to contribute largely to the vendor's downturn in profits. We'll get a more detailed look at how the vendor performed in Q4 2015 once final sales figures are released later this month.