Friday, July 6, 2018

Samsung forecasts slowing profit growth for Q2, missing analyst estimates – TechCrunch

Samsung has put out earnings guidance for its Q2 which indicate quarterly growth at its slowest for more than a year — as a lack of new ideas to sell high end smartphones drags on the company’s bottom line. The electronics maker is reporting estimated profit of 14.8 trillion Korean won (USD$13.2BN) on revenue of 58 trillion Korean won (USD$51.9BN) for the quarter. Samsung’s expectation just

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