The sky started to fall as soon as Apple’s Tim Cook announced that holiday quarter financials would not meet expectations. Samsung just announced something similar. Ben Dooley:
The South Korean electronics giant said it was anticipating a “widening price fall among major products” for the first three months of the year amid “weakening overall demand” for its products. The disclosure was unusual for Samsung, which typically offers a forecast of its financial performance shortly after the end of its quarterly period.
When Apple does it, the sky falls. When Samsung does it, ho hum.