Wednesday, January 28, 2015

Samsung's profits continue to slip


Samsung made an operating profit of 5.29 trillion won ($4.87 billion) off the back of 52.73 trillion won ($48.6 billion) in revenue last quarter. These are big numbers by almost anyone's standards, but the problem is that they don't meet the company's own; last year operating profit was 8.31 trillion won from 59.28 trillion won revenue, meaning that these latest results reveal respective dips of 36 and 11 percent.


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