Samsung, the South Korean electronics giant, expects Q4 operating income to fall over 18 percent from the previous quarter. Competition, employee bonuses and marketing costs are being blamed.
Apple has debuted its largest-ever iPhone to compete with Samsung, which has led the trend toward big-screen phones. European customers will have to dig deeper into their pockets for the new devices than those in the US.
Shares in Apple's Asia-based concept firms have tumbled after US President Donald Trump launched a broadside against the tech giant demanding it should move production to the US if it wanted to avoid tariffs on imports.
Samsung has chosen to settle rather than challenge a ruling that awarded Apple hundreds of millions of dollars last month. Apple had accused the Korean tech giant of copying its iPhone design.
The iPhone maker is now worth a trillion dollars on the stock market, the first US company to ever to achieve this prize. But does this market valuation really reflect the company's success?
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