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When Samsung took the time to update investors ahead of its upcoming quarterly earnings report, it warned 'weak demand' for phones and an increased marketing spend could hit the company hard. That report hit today, and it's as bleak as the company expected. In its second quarter, Samsung posted pr

4 months ago 0 Comments
July 31, 2014 at 4:34AM
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Samsung's marketing budget has always been vast, but in the last quarter it was far larger than even the manufacturer itself would have liked. The company admits that it's been forced to spend extra money on promotions for older and lower-end devices that have been filling up its warehouses due to

5 months ago 0 Comments
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Not every struggling company story has to have a depressing ending. Though its troubles are far from over yet, Panasonic has just announced 73.7 billion yen ($730 million) in net earnings for Q3. That's up 20 percent over last year, a disastrous period that saw nearly $10 billion in full-year loss

10 months ago 0 Comments
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Yes, we all know that Android has the prevailing device market share right now, but which companies in that group are actually making money? According to Strategy Analytics' estimates for Q1, it's Samsung... and virtually no one else. With $5.1 billion of Samsung's $7.9 billion operating profit la

1 year ago 0 Comments
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Looks like it's time for a little endzone celebration in the City of Brotherly Love this week. Comcast issued its earnings, and things are looking up, marking a 30 percent profit increase for the first quarter. Revenue for the cable company is at $14.9 billion, beating out analyst estimates of $14.

2 years ago 0 Comments