Tag: Profits

Samsung received estimated $683M payment from Apple in Q2, still projects 56% decline in profits

Samsung on Friday released a bleak earnings forecast for its second fiscal quarter of 2019, projecting operating profits more than halved from last year due to ongoing weakness in the… Read more »

ZTE agrees to pay $892 million for violating US sanctions, wiping out 2 years of profits

Chinese phone maker ZTE has agreed to plead guilty on charges of violating U.S. sanctions restricting the sale of American technology to Iran and North Korea, and lying about it… Read more »

iPhone Generated Record-Breaking Profits Last Quarter Despite Continued Sales Decline

iPhone sales may have declined for three consecutive quarters, but the latest data from research firm Strategy Analytics suggests Apple is unsurprisingly still doing exceptionally well in the smartphone market…. Read more »