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JUL 08, 2014 - Business Insider

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If You're Wondering Why Samsung's Smartphone Business Is Suddenly At Risk, This Explains It

Samsung announced earnings Monday night and they were worse than anyone expected by a wide margin. Operating income was 7.2 trillion won ($7.1 billion), a 24% drop on a year-over-year basis. Analysts were expecting 8 trillion won. Sales were down to 52 trillion won, a 10% year-over-year drop.  To put this in context, last year, when Apple's stock was battered and ...

Tags: If You're Wondering Why Samsung's Smartphone Business Is Suddenly At Risk, This Explains It,  Yandex Latest News