Samsung has posted its financial results for the second quarter of 2018. Following two glowing quarters, Q2 2018 was relatively cool, with sales and profits falling compared to both last quarter and Q2 2017. The Korean electronics manufacturer said that "softer sales" of both the Galaxy S9 line and display panels were largely to blame.
Slower sales don't necessarily mean slow sales, though. In the quarter ending July 30, Samsung posted KRW 58.48 trillion ($52.26 billion) in revenue, with KRW 14.87 trillion ($13.29 billion) in operating profit — both lower than last quarter, but the company isn't exactly in trouble.
Read MoreSamsung's Q2 2018 financial results show lower profits following 'soft' Galaxy S9 sales was written by the awesome team at Android Police.
from Android Police – Android news, reviews, apps, games, phones, tablets https://ift.tt/2NVEsSC
via IFTTT
No comments:
Post a Comment