Business

Samsung earns $6.1 billion, shares plunge

By Washington Examiner
Published July 31, 2014 9:49am ET
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Samsung earns $6.1 billion, shares plunge
People stand in front of a Samsung Electronics Co's showroom in Seoul, South Korea, Thursday, July 31, 2014. Samsung Electronics Co. reported a bigger-than-expected fall in second quarter profit on Thursday and said it was uncertain if earnings from its handset business would improve in the current quarter.(AP Photo/Ahn Young-joon) | Ahn Young-joon

SEOUL, South Korea (AP) — Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. The panoply of numbers in its earnings report for the April-June quarter show why.

— MONEY SPINNER MALFUNCTIONS

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