- cross-posted to:
- hackernews@derp.foo
- cross-posted to:
- hackernews@derp.foo
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.
From the introduction of the article above: „Samsung blames the decline in smartphone shipments for its financial troubles. Samsung is hoping the launch of its foldables will help level out these losses for the second half of the year.“
Ah shit, I read the Q1 report: https://www.androidauthority.com/samsung-earnings-report-3318100/