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
I have for about a decade. I use my phone as my backup map when I am flying. It has to work, every time, without fail. I’ve never owned an android that could hold a candle to an iPhone for software stability.