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Samsung's profit hit by bigger iPhones, sinks 39 percent | |
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April 29, 2015 SEOUL, South Korea— Samsung Electronics Co. said its first quarter net profit plunged 39 percent as consumers switched to bigger iPhones, squeezing earnings from its mobile business to less than half from a year earlier. The company reported Wednesday that its January-March net profit was 4.63 trillion won, compared with 7.49 trillion won a year earlier. Source: http://www.cnbc.com/id/102629246 |
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