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04-29-2014, 05:34 PM
Samsung reports second straight profit drop: 5 key takeaways from Samsung’s Q1 earnings
http://c2.bgr.com/2013/03/samsung-1.jpg?w=610 (http://bgr.com/2014/04/29/samsung-earnings-q1-2014-5-takeaways/)Samsung on Tuesday reported its second consecutive quarter of declining on-year profits as*growth of the company's high-end smartphone sales continued to slow. The company posted audited first-quarter results that were in line with the guidance it released earlier in April. Operating profit came in at $8.2 billion, a 3.3% decline from the year-ago quarter, on revenue totaling $52 billion. Net profit climbed 5.9% to 7.34 billion thanks to improved margins.*Samsung (http://bgr.com/tag/samsung) said its results should improve in the second quarter of the year thanks to sales of its new Galaxy S5 (http://bgr.com/tag/galaxy-s5) flagship phone, which launched during the second week of April.
Continue reading... (http://bgr.com/2014/04/29/samsung-earnings-q1-2014-5-takeaways/)
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http://c2.bgr.com/2013/03/samsung-1.jpg?w=610 (http://bgr.com/2014/04/29/samsung-earnings-q1-2014-5-takeaways/)Samsung on Tuesday reported its second consecutive quarter of declining on-year profits as*growth of the company's high-end smartphone sales continued to slow. The company posted audited first-quarter results that were in line with the guidance it released earlier in April. Operating profit came in at $8.2 billion, a 3.3% decline from the year-ago quarter, on revenue totaling $52 billion. Net profit climbed 5.9% to 7.34 billion thanks to improved margins.*Samsung (http://bgr.com/tag/samsung) said its results should improve in the second quarter of the year thanks to sales of its new Galaxy S5 (http://bgr.com/tag/galaxy-s5) flagship phone, which launched during the second week of April.
Continue reading... (http://bgr.com/2014/04/29/samsung-earnings-q1-2014-5-takeaways/)
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