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Samsung’s Q4 profits continue to slide, but still land above analyst expectations

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Samsung’s Q4 profits continue to slide, but still land above analyst expectations

Samsung_Galaxy_S_5_Back_Camera_Samsung_Logo_TA_02Samsung published a few just right information and a few dangerous information nowadays. The dangerous information for the corporate is that their fourth quarter profits for 2014 dropped 27%, that is a rather vital slide for the vacation months. The brilliant aspect, then again, is this drop used to be smaller than what analysts have been anticipating.

S large explanation why that Samsung didn’t have a larger lower used to be thank you to their element industry, that is still doing specifically smartly thank you to the overall acclaim for smartphones and pills. Sales of the Galaxy Note 4 additionally greater throughout Q4, so it held its personal towards different flagship units and Apple for Christmas. Total gross sales for Samsung ended up among 72 and 75 million smartphones, whilst Apple shipped approximately 74 million. Those numbers make it lovely transparent that 2014 used to be kinder to Apple than it used to be to Samsung.

For the quarter, Samsung still controlled to pull in approximately $4.9 billion, and when compared to earlier quarters, Samsung’s numbers are reducing slower than they have been against the top of 2014. Samsung has a chance with the Galaxy A 6 to in any case flip issues round and keep aggressive on the top finish towards Apple, but they’ll want a robust 2015 to make that occur.

source: ABC News


Come remark in this article: Samsung’s Q4 profits continue to slide, but still land above analyst expectations

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