Manufacturer Discussion : Samsung : Samsung releases its Q3 2014 financial report - sells slightly more phones, but revenue is way down
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> Samsung releases its Q3 2014 financial report - sells slightly more phones, but revenue is way down
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Despite selling more smartphones in Q3 than in Q2 2014, the revenue of Samsung's mobile division is still keeping its downward course and is bringing the whole corporation down with itself. Samsung's smartphone business brought less earnings (23.52 trillion won/$22.3 billion) in Q3 than in Q2 (27.51 trillion won/$26.08 billion), a 15% decline. As a comparison, back in Q3 2013 Samsung brought 35.66 trillion won ($33.87 billion) home. The operating profits of the mobile division are also 2.67 trillion won down
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Samsung results..
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Posted: 2014-10-30 10:21:14
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