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Report: sales forecast for smart phones to "Samsung" Samsung Electronics Co., Ltd (NYSE: SAMSUNG) announced today that it expects Samsung smartphone sales to decline.
According to the Indian website TOI, badysts expect sales to fall Samsung's smartphones in the quarter between April and June, after falling more than 2 percent in the previous quarter, where the consumers accept cheaper models than Chinese competitors.
Samsung is under considerable pressure from Apple on the smart phone market in the world, especially after Apple has exceeded market expectations, while the lack of technological innovation Samsung has finally offered the loss, said the badyst of Song Myung Sub HI Investment & Securities: "Samsung's offerings on mobile phones are not attractive enough for customers to spend more money", which should slow earnings growth when Korean company will record its second-quarter earnings on Friday.
19659005 Analysts forecast operating profit of $ 13.3 billion for the quarter, up 5.7% (19659005)
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Source: Seventh Day
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