Samsung's profit fell by nearly 30%



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Samsung Electronics today unveiled its own financial results forecast for the fourth quarter of 2018.

The Korean giant expects its revenues to be about $ 52.4 billion, up from $ 58.89 billions of dollars the previous year, that is to say that the decline will be about 11%

We expect an operating profit of only 9.6 billions of dollars, which will correspond to a drop of nearly 30%!

Reminder, we wrote yesterday that Samsung had followed Apple may declare a decline in sales, but then it is Elo pointed to a decrease in revenue and profits of 5% and 12% respectively.

We have to wait for the report to explain what led to such a big drop in profits and profits.

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