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Articles Tagged:

financials

100

Worldwide tablet shipments have declined 8.5% over the past year, Q1 is the tenth straight quarter in decline

Remember when everyone thought tablets would replace PCs, at least for average consumers? Yeah, that didn't happen. In fact, the opposite is happening. In a report from the International Data Corporation (IDC), worldwide tablet shipments in Q1 2017 have dropped 8.5% compared to Q1 2016, with just 36.2 million devices shipped.

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30

Samsung posts big profit for Q2 2016, largest in over two years

Bolstered by surging sales of the Galaxy S7 and S7 edge, Samsung has announced its second quarter earnings for 2016, showing that profits, 8.14 trillion won ($45.2 billion), are up almost 18%, with revenue, 50.94 trillion won ($7.22 billion), also up by 5%.

These are big, big increases for Samsung - the biggest profit the South Korean company has made in over two years. This is no doubt thanks to, at least in part, a hugely profitable IT & Mobile Communications division, which has the smartphone department as part of that. Profit for the IM division was 4.32 trillion won ($3.83 billion).

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