Wednesday 30 October 2019

Samsung third quarter operating profit drops despite "robust shipments" of Galaxy Note 10

Earlier today, showing a decline in iPhone revenue (that still beat what Wall Street was expecting), and strong growth in Wearables, iPad sales and in the Services unit. In South Korea, Samsung has just released its third quarter results. , the company reported a 56% year-over-year decline in operating profit although the figure was up 18% from this year's second quarter. The figure also topped Samsung's expectations.

Earnings in Samsung's mobile division rose thanks to "robust shipments of the flagship Galaxy Note 10, a better product mix and higher profitability ...

No comments:

Post a Comment