Samsung warns on phone sales amid strong demand for Apple iPhones
Samsung Electronics warned of weaker phone sales on Thursday after Apple set a new all-time quarterly revenue record and gave a positive iPhone sales outlook. The downbeat forecast came hours after Apple said holiday-quarter sales would beat Wall Street expectations, citing demand for iPhones, services, and wearables such as Apple Watch and AirPods.
A real iPhoneReuters:Samsung warned that fourth-quarter mobile earnings would decline as marketing costs rise and sales of flagship models soften fr
Read more »