Tuesday, September 23, 2014

Samsung shares plummet to two-year low following iPhone 6 launch, early Galaxy Note 4 launch to counter the iPhone 6 Plus

According to BusinessWeek, Samsung's shares have plummeted to their lowest level since 2012, after news of Apple selling 10 million units during the iPhone 6's launch week broke out. By introducing the iPhone 6 Plus, Apple even managed to disrupt Samsung's traditionally strong sales of big-screen smartphones.



The iPhone 6 pre-orders came across as "unexpectedly strong" for Samsung, which also reduced its profit estimate to 4.7 trillion won from 5.7 trillion won (1 trln. won = 950,498,000 USD) and acknowledged that its positions in China and India are weakened by smaller rivals that offer ...



from PhoneArena - News http://ift.tt/1rlzAXX

0 comments:

Post a Comment