“It looks like the Galaxy S6 and Galaxy S6 Edge hasn’t been enough to drag Samsung back into profitability,” Adrian Kingsley-Hughes reports for ZDNet.
“According to a report by BusinessKorea, industry sources are predicting that operating profits will come in lower than expected for the second quarter of 2015,” Kingsley-Hughes reports. “Analysts had initially predicted that the Galaxy S6 would pull Samsung back into profitability.
Kingsley-Hughes reports, “However, the latest forecasts suggest that Samsung’s profits could fall 24 percent year-over-year compared to Q2 2014.”
Read more in the full article here.
MacDailyNews Take: Karmic.
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