Wednesday, October 26, 2016

Samsung posts third quarter earnings, Galaxy Note7 drags down mobile division

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Samsung posted its earnings for Q3 2016, and it is not as pleasant as it was three months ago. For the period ending September 30, 2016, total revenue was 47.82 trillion KRW ($42.01 billion USD), a decrease of 3.87 trillion KRW ($4.57 billion USD) from this point last year. Without going too much further into the financial details (I get excited about financial results, okay?), we can all guess the reason for the decline.

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Samsung posts third quarter earnings, Galaxy Note7 drags down mobile division was written by the awesome team at Android Police.



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