Slide 1
Slide 2
Slide 3
Slide 5
Slide 4
Slide 6
Slide 7
Slide 8
Slide 9
Slide 10
Slide 11
Slide 12
Slide 13
Slide 14
Slide 16
Slide 17
Slide 18
Slide 19
Slide 20
Slide 21
Slide 23
Slide 24
Slide 24
Slide 25
Slide 26
Slide 27
Slide 28
Slide 29
Slide 30
Slide 31
Slide 32
Slide 33
Slide 34
Slide 35
Slide 36
Slide 37
Slide 38
Slide 39
Slide 40
Slide 41
Slide 42
Slide 43
Slide 44
Slide 45
Slide 46
Slide 47
Slide 48
Slide 49
Slide 50
Slide 51
Slide 52
Slide 53
Slide 54
Slide 54
Slide 55
Slide 56
Slide 57
Slide 58
Slide 58
Slide 59
Slide 59
Slide 60
Slide 61
Slide 61
Slide 62
Slide 63

Samsung’s Q2, 2014 Profit Plummets to Two-Year Low

Toner News Mobile › Forums › Latest Industry News › Samsung’s Q2, 2014 Profit Plummets to Two-Year Low

Tonernews.com, July 8, 2014. USA
Viewing 1 post (of 1 total)
  • Author
    Posts
  • #3296

    Anonymous
    Inactive

    Samsung’s Q2, 2014 Profit Plummets to Two-Year Low
    Samsung’s Q2 profit plummets to two-year low; stock climbs 
    By Zach Epstein

    Samsung on Tuesday morning reported unaudited financial results for the second quarter that badly missed analysts’ estimates. The company said that it expects second-quarter operating profit to fall to 7.2 trillion won, or approximately $7.1 billion, versus analysts’ expectations of 8.6 trillion won. That figure marks a massive 24% decline from the year-ago quarter. Samsung also said that it expects June-quarter revenue to decline 10% to 52 trillion won, or approximately $51.4 billion.
    http://www.gannett-cdn.com/-mm-/8b51838353e564bce2e889fb63b724ba55af9db2/c=318-0-2970-1992&r=x404&c=534x401/local/-/media/USATODAY/USATODAY/2014/07/07/1404782836000-GTY-450525756.jpg

    Samsung’s weak performance was in line with guidance offered back in April, but it still missed estimates quite badly. Samsung’s chief financial officer also warned late last month that Q2 profit would be “not that good.”

    The company blamed the results in part on the Korean won’s appreciation versus the dollar and the euro, and it also said sales of entry-level and mid-range smartphones were weak in some Asian and European markets due to slowing demand and strong competition.
    http://cdn.buildforsearch.com/wp-content/uploads/2013/07/samsung-e1374843156900.jpg

  • Author
    July 8, 2014 at 10:54 AM
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty, or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action based on the content on our site.