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Samsung sees 95% drop in profits for a second consecutive quarter (www.androidauthority.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

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[-] ryannathans@lemmy.world 34 points 1 year ago

Maybe if it was revenue. Such a drop in profits could be from many ordinary business operations like expansion

[-] SCB@lemmy.world 1 points 1 year ago

It states in the article that it is from less than expected sales, no?

this post was submitted on 29 Jul 2023

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