[New post] Samsung returns to profit growth after eight quarters, but at a cost

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Thursday, October 29, 2015

Ben Lovejoy posted: " Samsung reported higher than expected Q3 profits of 7.39T Korean won ($6.4 billion) on revenue of 51.68T won ($45.2 billion), achieving its predicted first return to profit growth in eight quarters. However, while the company reported increased sales " Respond to this post by replying above this line New post on 9to5Google Samsung returns to profit growth after eight quarters, but at a cost by Ben Lovejoy Samsung reported higher than expected Q3 profits of 7.39T Korean won ($6.4 billion) on revenue of 51.68T won ($45.2 billion), achieving its predicted first return to profit growth in eight quarters. However, while the company reported increased sales of the Galaxy Note 5 and Galaxy S6 Edge+, this was only achieved by cutting the prices. Samsung admits that smartphone growth will be slow compared to previous years, but Re/code notes that the company believes it can generate growth in two ways ...  Read more of this post Ben Lovejoy | October 29, 2015 at 5:25 am | Tags: Samsung, Samsung earnings, Samsung Galaxy, samsung galaxy s7, Samsung profits | Categories: Android | URL: http://wp.me/p1w6tN-w1Y Comment    See all comments Unsubscribe to no longer receive posts from 9to5Google. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://9to5google.com/2015/10/29/samsung-q3-2015-earnings/ Thanks for flying with WordPress.com