Samsung Warns Results Will Miss Forecasts

Min-Jeong Lee, Reporter, The Wall Street Journal

Samsung Electronics Co. flagged weaker-than-expected second-quarter earnings amid concerns that sales of its flagship Galaxy S4 smartphone haven’t been as strong as expected.
The world’s biggest smartphone maker by shipments said Friday it expects an operating profit of between 9.3 trillion won and 9.7 trillion won ($8.2 billion and $8.5 billion) for the three months ended June 30. That represents growth of 44 percent to 50 percent from the 6.46 trillion won in operating profit posted a year earlier, and a slowing from the 54 percent rise in operating profit in the first quarter.

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About Doru Somcutean

Hello, my name is Somcutean Doru and I'm from Romania.

I really like to read reviews and see what's new about technology, on D-BLOG I share with you articles/reviews that I find interesting. I also write some reviews in romanian...

My second blog is D-NEWS , here are some movie reviews , my favorite songs or clips that I like...is more like a personal blog...so please don't get in because you'll get really bored.

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