Samsung CFO Comments On Upcoming Earnings

25 June 2014

Wall Street Journal:

“It doesn’t look too good,” Lee Sang-hoon, Samsung’s chief financial officer, told a group of reporters at the company’s Seocho headquarters, when he was asked about second-quarter results. A company spokesman confirmed the remarks.

A CFO doesn’t say something so blunt this haphazardly. How bad can Samsung’s performance be?