LG predicts shrinking overall Q2 profits, high G6 marketing costs likely to cause massive division loss

Instead of helping LG's smartphone division finally yield a quarterly profit, the G6 contributed to bigger losses and lower overall earnings.

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Samsung probably made more money than ever in Q2 2017, even more than Apple

Thanks to the beloved Galaxy S8 duo, but more importantly memory chips and OLED screens, Samsung expects to post record profit numbers this Q2.

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HTC can probably be content with latest monthly revenue result for a change

Quarterly profits aren't in yet, and overall, Q2 revenue is down year-on-year, but HTC's June 2017 earnings are way up from May, thanks to the U11.

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Samsung officially forecasts rising profits for Q1 2017, nearly breaking all-time records

Even with the Galaxy Note 7 out of the picture, the Galaxy S8 not yet released and the S7 getting a bit long in the tooth, Samsung made a boatload of money.

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‘Weak’ LG G5 blamed for yet another even more disappointing company quarter

LG is quick to single out the very weak-selling G5 as the culprit of the company's big overall Q4 financial losses, but that's not entirely fair.

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What Galaxy Note 7 debacle? Samsung releases stellar Q4 2016 and full-year financial results

Memory chips, displays, as well as low and high-end smartphones, have helped Samsung not just neutralize Note 7 losses, but post healthy Q4 2016 profits.

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LG Mobile loses whopping $380+ million in Q3, weak G5 sales mostly to blame

It’s pretty hard to contest Apple and especially Samsung had a poor July – September quarter showing as far as both sales and profits were concerned, but it’s important to remember these two are still market leaders and money-making machines.The reason it’s disappointing to see one “only” post $46.85 billion gross revenues, while the other reports $4.5 billion operating margin is the crazy high standard ...

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Galaxy Note 7 aftermath: lowest Samsung profits in two years, worst mobile quarter in nearly eight

The past few weeks have been all about damage control for Samsung in the wake of the shocking Galaxy Note 7 double recall, and now it’s time for a quick damage check. An official, final and painful Q3 2016 audit, previewed not long ago, but ...

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HTC reports ‘strong’ Q3 revenues, small $57 million net loss

Is the worst finally behind HTC from both financial and creative standpoints now that the Taiwanese device manufacturer enjoys “continued” sales momentum for the Vive VR headset, with Google Pixels warmly received by Android purists, and a potentially ...

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T-Mobile celebrates 14 quarters in a row of winning share from the competition

Verizon and AT&T are branching out, Sprint continues on its slow but sure way back to profitability, while T-Mobile is as bombastic as always in unveiling “industry-leading” financial results for the year’s third quarter.Yes, John Legere has every reason to be pleased about another three months of “producing both financial growth and shareholder ...

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Verizon reports revenue drop but ‘continued strong profitability’ in Q3 2016

America’s number one wireless communications service provider is definitely feeling the squeeze of a silver medalist that continues to breathe down its neck, a most-improved third-placed player, and a slowly recovering fourth.But it will still take years to find out if Verizon’s new advertising strategy and

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Samsung estimates direct and indirect Galaxy Note 7 losses at $5.3 billion through Q1 2017

A “measly” $1 billion? As much as $17 billion? Just the $2.3 billion shaved off Samsung’s estimated operating profits for Q3? How about a “middling” $5.3 billion spread out over three quarters, through March 2017?That’s probably a reasonable ...

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Profit growth? Not so fast, as Samsung revises Q3 earnings guidance to reflect Note 7 loss

It didn’t take a rocket scientist before, and it certainly doesn’t take one now, to foresee massive short-term financial damages, and even bigger ones incurred by the explosive Galaxy Note 7 in the long haul on the previously rosy records of the world’s largest smartphone manufacturer.But everyone’s having trouble estimating just how bad things will ...

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Believe it or not, Samsung actually posted year-on-year profit growth in Q3 2016

While the long-term repercussions of the seemingly never-ending Galaxy Note 7 fire scandals on Samsung’s financial, reputation and brand awareness health remain impossible to ascertain with any precision, it’s probably safe to say the Korean tech giant has at least managed to temporarily survive the

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Sony Mobile sales continue to contract, but a tiny division profit is recorded

Confirmed reports of Sony looking to dispense with its long-lived, once leading-edge but no longer successful and profitable battery business sounded like bad news not just for the conglomerate’s components and semiconductors departments.Other flagging divisions, including mobile communications, aka smartphones, could be in danger, as Sony stops relying on perennially prosperous gaming, home ...

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