Samsung's quarterly earnings show increased overall profit, but continued decline in mobile

Samsung published its third-quarter financials yesterday, and results are mixed. Although profits and revenue are up (both year over year and quarter over quarter), the mobile division continues the decline set last quarter. Interestingly, that's not as a result of sales, but rather increased marketing costs and unfavorable currency developments. Nonetheless, it expects those mobile earnings to decrease further next quarter, even as smartphone shipments rise.

I wish Samsung's financials were more detailed than this.  CE= Consumer Electronics, IM=IT & Mobile, DP=Display Panel, DS=Device Solutions.

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Samsung's quarterly earnings show increased overall profit, but continued decline in mobile was written by the awesome team at Android Police.

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