Tuesday 28 April 2015

Samsung reports an increase in smartphone sales in Q1 2015 earnings

Samsung has disclosed its earnings for the first quarter of 2015 today, reporting an decrease in revenue and slight increase in operating profit over the previous quarter.

Overall, Samsung brought in an operating profit of $5.63 billion (KRW 5.98 trillion) on revenues of $44 billion (KRW 47.12 trillion). These numbers largely line up with the company's guidance released earlier this month, marking a drop in operating profits from $7.8 billion (KRW 8.49 trillion) year-over-year.








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