After Its Latest Plunge, Is the Worst Over for Samsung?

Cita: 

Einhorn, Bruce [2014], “After Its Latest Plunge, Is the Worst Over for Samsung?”, Business Week, New York, 08 de octubre, http://www.bloomberg.com/bw/articles/2014-10-08/trouble-for-samsung-afte...

Fuente: 
Business Week
Fecha de publicación: 
Miércoles, Octubre 8, 2014
Idea principal: 

After a rotten summer, investors in Samsung Electronics have been suffering through a rotten autumn. The Korean company's stock price fell to a 52-week low on Wednesday and since early June has dropped 23%. To make matters worse, archrival Apple is up 10% in the same period. Today's swoon follows Samsung's announcement on Tuesday that sales in the quarter ended in September fell about 20%, with earnings plunging 60%, to 4.1 trillion won ($3.8 billion). Chances are good that the once high-flying smartphone business accounts for a good chunk of the bad news. Samsung will start to release more competitive products with better specs and lower prices starting in Q4 to stabilize share and begin to gain share back in the low and mid-end range.