Samsung Earnings Still On The Decline
In a preliminary earnings report for its fourth quarter, Samsung warned investors of yet another profit drop.By Mikah Sargent | January 8, 2015
Things still aren’t looking up for smartphone-maker Samsung. The company’s predicting another quarter of decline in operating profit.
Back in October, Samsung was warning investors of a weak third quarter.
And now it’s expecting a 37 percent drop in operating profit over last year's fourth quarter.