Samsung misses big as Q4 profit falls 18%

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http://bgr.com/2014/01/07/samsung-earnings-estimates-q3-2013/Samsung on Tuesday morning reported its unaudited earnings results for the fourth quarter of 2013, missing analysts' estimates and raising concerns about the coming year as high-end smartphone sales growth continues to slow. Samsung said that its fourth-quarter operating profit will likely come in at around 8.3 trillion won, or $7.8 billion, which represents a 6% decline compared to the same quarter in 2012.

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