Yahoo! Finance: Company News
Samsung Warns of Profit Drop Blaming Weak Demand. What This Means for Apple. – Consumer electronics giant Samsung said operating profit will drop sharply in the fourth quarter as demand for its products weakened. Samsung (ticker: 005930.Korea), seen as bellwether for other big technology companies such as Apple (AAPL), said profit probably declined 69% in the last three months of 2022 from a year …