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Samsung's terrible quarter delivered lowest profit in 8 years Long-time Apple rival Samsung had an incredibly bad fourth quarter, with the global economic downturn blamed for a 69% drop in quarterly operating profit. Samsung Galaxy Flip4 In the days before Apple's announcement its own financial results for the most recent quarter, other tech companies also bring out their results. However, in the case of Samsung, its previously warned about results are extremely dour, caused by a number of factors.
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