Samsung beats forecast but profit still drops

Shawn Knight

Posts: 12,186   +120
Staff member
Samsung posted its holiday quarterly report just one day after Apple; the results, however, weren't nearly as impressive although the Korean tech giant did beat Wall Street's forecast.

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Posts: 8,645   +3,281
Never mind Samsung, I'm sure you won't be declaring insolvency anytime soon but I can understand $4.87 billion profit is chickenfeed, I'd also be worried if I made so little money. :D


Probably not charging Apple enough for stuff Apple marks up 300%...........................