Scalper1 News
Samsung Electronics, squeezed by Apple (AAPL) iPhones and iPads on the high end and by upstart Xiaomi in China and India, said 2014 operating profit likely fell 32% to 24.9 trillion won ($22.6 billion)in 2014, citing preliminary figures. That’s the first decline in three years. And profit likely won’t rebound in 2015, say analysts. The Korean tech giant earned 5.2 trillion won ($4.7 billion) in Q4, down 37% but better than many forecasts. In Q3, Scalper1 News
Scalper1 News