Wednesday 31 July 2019

Samsung Q2 financials: Weak Galaxy S10 sales momentum contributes to 56% drop in operating profits

In view of Huawei's recent political troubles, you'd think Samsung would have been in pole position to capitalize and post impressive sales numbers in the second quarter of 2019. Smartphone shipments grew for both companies at a time when global shipments are down 2%, but that doesn't always translate to strong financials. While its Chinese rival managed to grow its revenue against the odds, Samsung has seen its profits drop by an eye-watering 56% year-on-year.

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Samsung Q2 financials: Weak Galaxy S10 sales momentum contributes to 56% drop in operating profits was written by the awesome team at Android Police.



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