Samsung forecasts slowing profit growth for Q2, missing analyst estimates
https://techcrunch.com/2018/07/06/samsung-forecasts-slowing-profit-growth-for-q2-missing-analyst-estimates/
Samsung has put out earnings guidance for its Q2 which indicate quarterly growth at its slowest for more than a year — as a lack of new ideas to sell high end smartphones drags on the company’s bottom line.
The electronics maker is reporting estimated profit of 14.8 trillion Korean won (USD$13.2BN) on revenue of 58 trillion Korean won (USD$51.9BN) for the quarter.