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Twitter

Samsung Just Out-Earned Apple and Nvidia, and the Stock Tanked 7%

By

Omor Ibne Ehsan

11h agoen

Source

24/7 Wall St.Samsung Just Out-Earned Apple and Nvidia, and the Stock Tanked 7%247wallst.com
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Samsung Electronics just did something no company has done before. Its operating profit last quarter came in roughly 19 times what it was a year ago, revenue more than doubled to a record, and the bottom line landed above both NVIDIA (NASDAQ:NVDA) and Apple (NASDAQ:AAPL). The stock, as CNBC’s Kristina Partsinevelos flagged Tuesday morning, fell ... Samsung Just Out-Earned Apple and Nvidia, and the Stock Tanked 7%

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