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Total Recall does not damage Samsung's bottom line
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Total Recall does not damage Samsung's bottom line
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8th October 2016, 13:24
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,553
 |  Total Recall does not damage Samsung's bottom line Rest of the business doing brilliantly Samsung expected to report a higher than expected third quarter profit, despite having to write off a fortune because of the global recall of its Galaxy Note 7. Analysts think that healthy sales of memory chips and displays eased the pain of the recall, although that could cost the firm nearly $5 billion this year. But a pickup in the memory chip market will buttress earnings, company watchers say. Wall Street analysts think that July-September operating profit to have edged up 0.7 percent from a year earlier to $6.65 billion. http://fudzilla.com/news/41764-total...-s-bottom-line |
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