Samsung sees 95% drop in profits for a second consecutive quarter

https://lemmy.world/post/2349179

Samsung sees 95% drop in profits for a second consecutive quarter - Lemmy.world

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.

Drops in profits can mean investments, new hires and a myriad of other stuff. No meaning in the headline whatsoever. Profits are not revenue.
Young people in Korea have switched over to iphones. iphone have like 60% marketshare now
Imagine actually using an iPhone
Most of the western worldd doesn’t have to imagine