this post was submitted on 29 Jul 2023
611 points (96.5% liked)

Technology

59428 readers
2820 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago
MODERATORS
L3s@lemmy.world
L3s@fry.gs
L4s@fry.gs
L4s@lemmy.world
enu@lemmy.world
611
Samsung sees 95% drop in profits for a second consecutive quarter (www.androidauthority.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
316 comments fedilink hide all child comments
 

Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

you are viewing a single comment's thread
view the rest of the comments
[โ€“] ryannathans@lemmy.world 33 points 1 year ago (1 children)

Maybe if it was revenue. Such a drop in profits could be from many ordinary business operations like expansion

[โ€“] SCB@lemmy.world 1 points 1 year ago

It states in the article that it is from less than expected sales, no?