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Reuters: Philips core profit drops as TV business hurts

Started by chris, April 14, 2008, 11:11:02 AM

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chris

Philips core profit drops as TV business hurts
      


AMSTERDAM (Reuters) - Philips Electronics reported a bigger-than-expected 28 percent drop in quarterly core profit on Monday, as its television business sank deeper into the red, and warned it expected some developed economies to slow.
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