Samsung's projected operating profit for April to June of 2018 is around $700 million more than its profit from the same period last year. At $13.2 billion, though, it's still going to be much smaller than the $14 and the $14.4 billion profit it posted in the last quarter of 2017 and the first quarter of 2018, respectively. Samsung's earnings guidance didn't reveal why it wasn't able to beat its own numbers, but according to Bloomberg, one of the reasons is the weaker-than-expected sales of the Galaxy S9.
Source: Samsung, Reuters, Bloomberg
Samsung's Galaxy S9 couldn't keep profit growth on pace in Q2 posted first on https://www.engadget.com
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