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October 28, 2015 09:24 pm -04

Samsung's price cuts for high-end phones worked, but hurt profits

First, the good news for Samsung: it made more money in the third quarter (as it predicted) than it did in the same period last year. In 2015 it racked up $6.46 billion in operating profit for Q3, which is far better than 2014's $3.8 billion haul,...

Original Link: http://www.engadget.com/2015/10/28/samsungs-price-cuts-for-high-end-phones-worked-but-hurt-profit/

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Engadget

Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WI

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