The Samsung profit fell to $44 billion
The group Samsung Electronics warned private shareholders of a sudden loss of profit. According to reliable information specialists, over the past quarter earnings of South Koreans amounted to $ 3.8 billion, but the implementation fell to 44 billion dollars.
Official cash report Samsung last quarter will be published in the coming days, but the company has already issued a warning to shareholders, saying that its profit in the 3rd quarter will be almost 60% lower than a year ago. Among the circumstances which calls management, increasing competition in the mobile phone market, declining supply monitors and reduced rates on TV.
The South Korean electronics manufacturer assures that the quarterly implementation fell to 44 billion, and operating income will be only $ 3.8 billion. It is almost 60% less than the company earned in the same quarter a year ago. With all of this, the average monitoring polled by Thomson Reuters experts on Samsung quarterly profit was $ 5.2 billion, notify "п?п?я?я?п?.Ru".
He explained the decrease in profits, Samsung has announced that, despite the growth of smartphone shipments, profitability of this business declined as a result of increased marketing expenses, also shift demand towards more affordable devices. The boss of the firm promises to combat it using the latest range of accessories in the middle and lower price segments. It "carefully pending sales of phones in the fourth quarter of 2014.
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