Samsung Is Losing Earnings

A probable four percent fall in income is predicted in Samsung’s overall revenue.

The South Korean tech mogul’s second quarter figures aren’t looking all that great – according to BBC, Samsung expects a 4% decrease in income. Sales numbers don’t have anything to boast about, either.

Samsung users who are fans of mobile betting sites needn’t worry, however; with sales falling 8%, the company still makes plenty of money to keep going. They just realized that the smart phone market is challenging.

Supply shortage affecting sales

As BBC reports, Samsung’s crown jewel, the Galaxy S6 has had a roll of bad luck with supply shortage. Naturally, this had a very negative effect on sales in the last quarter. Now, however, Samsung says that the shortage is up, and they will continue with manufacturing their best smart phone with a hope to boost sales.

BBC said that each time Samsung comes up with something new, it is modified and reused by other companies, which puts Samsung in a hard position. For instance, it was a novelty when Samsung came out with huge screens (especially for mobile casino lovers.) Now, look at all the smart phones. Big screens. Exactly.