I do question those numbers, Samsung is absolutely massive. There's is no way in hell that a decline in smartphone sales have any dramatic effect on their botto

I do question those numbers, Samsung is absolutely massive. There's is no way in hell that a decline in smartphone sales have any dramatic effect on their bottom line, let alone a 95% decline in profit. This has to be their smartphone division only, not Samsung the conglomerate. That being said a drop of around $10.5B is still insane and it would destroy just about any other smartphone manufacturer except perhaps Apple. Still it would be a much bigger issue for Apple because they phone are are more central to their overall business. Samsung can transfer funds from other business ventures.