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Wednesday, September 2, 2015

Samsung has lost $12 billion of market value in August alone, on top of $44 billion losses since April

Samsung has lost $12 billion of market value in August alone, on top of $44 billion losses since April:

Samsung announced its Galaxy Note5 and S6 edge+ phones a little bit earlier this year, aiming to steal the show from Apple's upcoming September 9 event, as well as the just-started IFA 2015 trade show in Berlin. The high-end duo is already on the market and if some of the more recent reports are to be believed, the Note5 and the S6 edge+ are effectively outselling the Galaxy Note 4 and the Note Edge in Samsung's homeland, South Korea.


Unfortunately, this might not be a sign of a very bright future for the company. Samsung Electronics' stock prices have been on the decline ...

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