Samsung Electronics Co. “reported second-quarter profit that missed analysts’ estimates after chip prices weakened and smartphone output failed to keep up with demand,” Jun Yang reports for Bloomberg.
“Net income in the three months ended June 30 totaled 5.19 trillion won, the Suwon, South Korea-based company said in a statement today,” Yang reports. “The average of 25 analysts’ estimates compiled by Bloomberg was profit of 5.54 trillion won. Sales in the quarter at 47.6 trillion won also lagged behind estimate for 49.8 trillion won.”
Yang reports, “Operating profit at the telecommunications business totaled 4.19 trillion won, Samsung said in the statement. That compared with the 4.4 trillion won median of four analyst estimates compiled by Bloomberg News.”
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MacDailyNews Take: Samsung is a despicable, derivative, classless company that deserves only misery, torment and pain.
Stick that in your pipe and smoke it, Kun-hee.
Apple’s products came first, then Samsung’s:
Apple: Google warned Samsung against slavishly copying our products – July 25, 2012
Apple v. Samsung jury to learn of Samsung’s destruction of relevant evidence – July 25, 2012
Now Samsung slavishly copies Apple’s Mac mini – June 1, 2012
Samsung Mobile chief ‘designer’ denies that Samsung’s instinct is to slavishly copy Apple – March 23, 2012
Slavish copier Samsung shamelessly steals Apple’s iPhone 3G design – again – January 3, 2012
Slavish copier Samsung uses girl actress from iPhone 4S ad for Galaxy Tab 8.9 spot (with video) – January 2, 2012
Now Samsung’s slavishly copying Apple’s iPad television ads (with videos) – December 30, 2011
Judge: Can you tell me which is iPad and which is yours? Samsung lawyer: ‘Not at this distance your honor’ – October 14, 2011
Why are Apple’s icons on the wall of Samsung’s store? – September 24, 2011
Apple to Samsung: ‘Blatant copying is wrong’ – April 18, 2011
Apple sues Samsung for attempting to copy look and feel of iPhone, iPad – April 18, 2011
Samsung’s ‘Instinct’ is obviously to make Apple iPhone knockoffs – April 1, 2008