O boy. Samsung profits plunge 95%, it's going to get ugly. Pretty soon the parking lot is just going to be managers' cars with "Lomas Santa Fe Tennis Club" bumper stickers.
4 replies (most recent on top)
OP be smarter! "Revenue at its mobile business grew 22% versus the previous quarter to 30.74 trillion won, but was down 2% versus the same period last year. Operating profit came in at 3.94 trillion won, up 3% year-on-year. "
https://www.msn.com/en-us/money/companies/samsungs-profit-plunged-95percent-amid-weak-memory-chip-demand/ar-AA1aoTIi
It has to do with their memory chip - not phone sales…. Nothing to do with the partnership Qualcomm and Samsung have together…. Looks like whoever posted this needs to be laid off - who knows how many times he messes up at work and things he actually knows what he is talking about
See article on CNN's website
What happened?