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Samsung's Profits Dropped 60 Percent Last Quarter As Marketing Costs Increased

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  • Samsung
  • Mobile
  • Smartphones
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Anonymous
a b Ô Samsung
October 7, 2014 9:19:37 AM

Samsung's profits saw a drastic 60 percent decline in the last quarter. The company's revenues also saw a 20 percent decline year over year.

Samsung's Profits Dropped 60 Percent Last Quarter As Marketing Costs Increased : Read more

More about : samsung profits dropped percent quarter marketing costs increased

October 7, 2014 9:56:46 AM

Perhaps anti-apple advertisng didn't workas expected ...
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October 7, 2014 10:00:52 AM

Wow what will they ever do with $3.8 Billion in profit?! They are basically going out of business.
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October 7, 2014 11:07:14 AM

Looks like the race to the bottom shifted to second gear - marketing fluff and incremental upgrades are no longer sufficient to maintain sales against cheaper alternatives.
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October 7, 2014 11:40:51 AM

Wake me up when you can tell me about an American company that is building a $15 billion dollar chip-fab facility in the USA, that will employ 150,000 people... Samsung is (in South Korea). Profit is gravy. Jobs are the real king-makers.
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October 8, 2014 5:39:37 AM

IMO Samsung's flagship Galaxy phone has lost a lot of it's appeal it's sold at premium prices but it doesn't feel or look like a premium phone anymore. Competitors have caught up releasing smiler looking phones at lower prices and HTC's One M-8 is leaps and bounds ahead of the Galaxy in-terms of build quality and has a look that could certain justify a premium price tag.
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