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Samsung's profit falls as smartphones get cheaper

April 08, 2014

SEOUL, South Korea— Declining smartphone prices hit profit at Samsung Electronics Co. for a second straight quarter. The average price of a Samsung smartphone this year will likely be $275, down 9 percent from 2013, according to Chung Chang- won, an analyst at Nomura Financial Investment.

Source: http://www.cnbc.com/id/101562532
 
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