Samsung has long been the giant of the smartphone market, churning out phones like there’s no tomorrow. All good things must come to an end, however, and Samsung could finally be reaching that point. For Q2 2014, Samsung profits dropped 24% from Q2 2013. While the numbers, $51.5 billion in revenue and $7.1 billion in ... Read More »
Tagged #samsung profits
Prepare to be shocked. Samsung has released its earnings report for the first quarter of 2013, revealing that the company managed to remain profitable. OK, that may be a bit of an understatement; Q1 was the best quarter on record for Samsung. Net income for the quarter skyrocketed to $6.4 billion, a staggering 42 percent increase ... Read More »
The best way to know which handset manufacturers are selling devices like hotcakes is by taking a quick look at their books. HTC and Samsung are the two largest players in the Android world, so its nice when things line up and we get to see their quarterly revenue estimates at the same time.