Friday, July 6, 2018

Samsung Q2 earnings guidance shows slowing smartphone business

Samsung smashed records for operating profit seven quarters in a row, but the streak is done, according to the company guidance. The Korean giant just announced its earnings guidance for Q2 2018 - consolidated sales are expected to be approximately KRW58 trillion ($52 billion), while the consolidated operating profit should be around KRW14.8 trillion ($13.25 billion). The estimated numbers fall short of the Q1 2018 results when sales were KRW60.56 trillion ($56.2 billion). Operating profit was an all-time record, reaching KRW15.64 trillion ($14.5 billion). According to analysts,...

via shopmatrix

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Honor Magic V2 RSR Porsche Design is coming to Europe

Earlier today, Honor finally launched the Magic V2 in Europe, almost five months after its initial announcement. Don't miss our unboxin...