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Aug 2, 2011

Despite mobile success - Samsung profit falls 18% in Q2

We are talking a lot about Samsung's amazing year in mobility, where the company managed to bypass Nokia in shipping more devices than any other mobile company which is not… well… Apple. 

However, we tend to forget Samsung is not just a mobile company, and in other areas the company seemed to have a problematic Q2.

Samsung on Friday reported earnings for the second quarter of 2011 that showed a significant decline in profit despite modest revenue gains and although reporting an impressive 19.2 million units last quarter, which would secure it a No. 2 spot globally behind Apple.

Full press release in here

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