this post was submitted on 29 Jul 2023
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Samsung sees 95% drop in profits for a second consecutive quarter (www.androidauthority.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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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.

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[–] answersplease77@lemmy.world 11 points 1 year ago (4 children)

95% is huge. They been releasing too many models and their new phones are too expensive for me. they should follow apple and only release one every year

[–] WigglingWalrus@feddit.uk 7 points 1 year ago (2 children)

They make far more than just phones..

[–] garlic@feddit.nl 2 points 1 year ago

From the article, "Samsung blames the decline in smartphone shipments for its financial troubles."

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