Samsung reports record revenue but 24% decline in profit in Q3

27 October 2022
Foldables and new wearables had solid performance.

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  • ?
  • Anonymous
  • rJA
  • 27 Oct 2022

KondriX, 27 Oct 2022What's the difference between revenue and profit?alot actually

    • ?
    • Anonymous
    • Lkg
    • 27 Oct 2022

    Anonymous, 27 Oct 2022Yeah i totally get it. Inflation is through the roof, pe... moreIs inflation that high or big corporations want us to believe?
    It is "funny" when market claims prices have increased because inflation is N%, but profits keep on the rise. A lot.

      What's the difference between revenue and profit?

        • ?
        • Anonymous
        • ygC
        • 27 Oct 2022

        Yeah i totally get it.

        Inflation is through the roof, people are tightening their wallets after a decade of excess.

        People are spending money mostly on food and living to sustain through this inflation era.

        Hopefully everything rebounds

          • D
          • DMX
          • 8xr
          • 27 Oct 2022

          samsung only sells but in the mid-range, and because of the recycling program, without that the profits are much worse