Samsung's mobile profits plunge 64.2% after Apple's iPhone 6 devastates premium Galaxy sales

Samsung Electronics reported overall Q4 operating profits of 5.29 trillion won ($4.9 billion)–a 36 percent year-over-year drop–but its Mobile division suffered a 64.2 percent drop in profits, falling from $5 billion in the year ago quarter to $1.8 billion in the December quarter.

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