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Samsung to beat profit records due to Apple and new iPhones

Samsung to beat profit records due to Apple and new iPhonesSamsung and Apple may even be rivals, but the companies work together for the new iPhones. Incidentally, tech giants have almost always worked together, whether for displays or chips inside Apple's smartphones.

According to analysts, the new iPhones are selling well and Samsung's account forecast report proves that.

See also: Galaxy S10: So will the triple camera specifications

Apparently Samsung expects this year to be the biggest of all when it comes to profits. Although the South Korean company's equipment is not doing as well as in the past, largely due to the threat from Huawei, Apple and Xiaomi, Samsung has far more business than its smartphones.

The South Korean company manufactures processors, cameras, network modules or even displays for other manufacturers. For example, OnePlus and Apple use displays from South Korean company Meizu processors and BQ some photographic sensors.

Samsung profits from selling new Apple iPhones

It is in this sales sector that profits tend to rise. A lot because the new iPhones use Samsung's OLED screens and let's say they aren't exactly cheap. Each screen of the iPhone XS costs Apple almost 40 €, a considerable value in building a device.

iOS Android LG G7 ThinQ Samsung Apple iPhone X OnePlus 5T

Samsung is expected to sell $ 57 billion this quarter. Of those 57 billion, 15 billion are from operations that I had mentioned above.

Incidentally, according to The Bell, Samsung Display made a third quarter profit of $ 770 million. Almost double the amount the company made in the first 6 months of the year (481 million).

That is, as much as Apple is the perpetual competitor in the mobile industry, the South Korean company wants Apple to fearlessly sell the new iPhones. Truth be told, nothing better than winning both ways.

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