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Samsung shares sink on Galaxy inertia

Samsung Electronics, the world’s largest smartphone maker, fell the most in more than nine months Friday after analysts at JPMorgan Chase cut profit estimates, citing slowing demand for its flagship Galaxy S4.
The shares declined 6.2 percent as of the close of trading, the largest drop since Aug… …read more
Source: NY Post

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Posted by on June 11, 2013. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.