- 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.
Sounds like a classic trust thermocline. Sales tend to keep stable and users put up with the shenanigans and prices while execs keep ignoring user’s complaints, until suddenly there is the straw that breaks the camel’s back and sales drop suddenly.