2014-04-29 06:43:00 by Metro Networks, Inc.
Samsung's first quarter profit is down. This marks the second straight quarterly loss for the South Korean electronics giant. Samsung's profit of eight-point-two billion dollars for the first three months of this year is three and a third percent below its first quarter profit in 2013. The company expects better results for the current quarter. The Galaxy S5 smartphone launched last month is predicted to outsell Samsung's previous top-end device.