The world's largest smartphone maker's profits plunged 30 percent due an exploding flagship model. Samsung's operating profit for the third quarter was $4.6 billion, down from $6.4 million the quarter before, making it the lowest operating profit the company has made in two years. Samsung had already revised its financial estimates following the recall of millions of Galaxy Note 7s.
Source: Samsung
Samsung profits dip 30 percent due to exploding Note 7s posted first on http://ift.tt/1tUdcCk
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