06-07-2018 06:14 via theverge.com

Samsung’s record profit run ends after reportedly slow Galaxy S9 sales

Samsung Electronics has reported record profits for every quarter in the past year, but it looks like that run is at an end. The company just released earnings guidance of 14.8 trillion won ($13.2 billion) in operating profit off 58 trillion won ($51.8 billion) in revenue for Q2, which would represent a 0.7-percent decline in sales and an 11-percent increase in profit. Last quarter Samsung made 15.64 trillion won in profit from revenue of 60.56 trillion won, its strongest results ever.Analysts
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