SAN JOSE, Calif. - South Korea's Samsung Electronics Co. Ltd. has disclosed its first-quarter consolidated earnings estimates.
Sales are expected to range from 36 trillion won ($33.1 billion) to 38 trillion won ($34.9 billion) in the period, compared to 41.87 trillion won ($38.4 billion) in the previous quarter and 34.64 trillion won a year ago.
Operating profit is expected to range from 2.7 trillion won ($2.5 billion) to 3.1 trillion won ($2.8 billion) in the period, compared to 3.01 trillion won ($2.8 billion) in the previous quarter, and 4.41 trillion won a year ago.
#1. They have given Apple such huge breaks to get their business that their magins on those contracts suffer almost to bleeding.
#2. Samsung HAD a very good reputation in the home entertainment (flat panel TV) that they were able to sell their product at a premium, but other brands have caught up and even surpassed Samsungs product line and are either priced the same with better specs or are less expensive.
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