Tech: More Bad News For Samsung: Profits Down 74%

Howie

Quote:

Samsung on Wednesday reported a 74% drop in mobile profits during the three-month period ending September. The reason behind the significant decline: not as many people are buying the latest Galaxy smartphones as they used to.

Quote:

A number of reports have claimed that Samsung’s flagship Galaxy S5 released in April has not sold as well as the models released ahead of it, as many consumers opted to wait an additional five months to purchase the oft-rumored iPhone 6 and iPhone 6 Plus. The result is Samsung’s lowest third quarter earnings since three years ago.

Quote:

Samsung expects its quarterly earnings to rise during the fourth quarter period of October through December, but the Associated Press reports that those gains will be driven by its memory chip business rather than a rebound in Galaxy sales

Source

King Apple HA POWER!!

Caesar

WaiT at Apple & Samsung looking almost exactly the same with their white phones.

OT: Slay Apple

NICHOLE

Pixel

Ouch

ABEL-o-matic

But who's gonna fund Xbox �� operations now.

Microsoft has to get the money elsewhere then.

BadBoy

I need the video of that gif like NOW!

Big Smoke

Let's be real; If you have an S4 (or even an S3) you dont need an S5 for at least a couple years. Same thing with the Note series.

People buy iPhones every year for the sake of having one.

Penk

Welp.

Superpower

Poor H-I-M

Big Smoke

Quote:

Originally posted by Penk

Welp.

How is a profit, "losing?"

manwhore

has H-I-M released a statement yet? Great news.. now allows the more talented girls like HTC to swoop back into the spotlight with an emancipation era.

Haribo

74%?!

Mellark

Put it on your resume, bew. Who gon check Apple now?

Can't_M!ss_This

The Galaxy S line was only so popular because it was like a bigger iPhone. Now that there's an actual bigger iPhone, the others are just going to do worse and worse.

Other companies are going to have to find a way to make an ecosystem. The connectivity from iTunes to iPod/phone/pad is amazing. I have my files, I plug in my device and boom! Everything is right there on all my devices. Let's not even talk about Handoff, iMessage, Facetime, FaceTime Audio, the secure iOS 8, Siri, the revolutionary Lightning connector, Retina display, built in Bluetooth, the fact that it was WiFi. The list just goes on and on.

Smiler94

Samsung should have focused on either the high end market or the low end. Too bad for them i guess.

SuperLolita

Not 74%

theworldfamous

Quote:

Originally posted by Can't_M!ss_This

Other companies are going to have to find a way to make an ecosystem. The connectivity from iTunes to iPod/phone/pad is amazing. I have my files, I plug in my device and boom! Everything is right there on all my devices. Let's not even talk about Handoff, iMessage, Facetime, FaceTime Audio, the secure iOS 8, Siri, the revolutionary Lightning connector, Retina display, built in Bluetooth, the fact that it was WiFi. The list just goes on and on.

THIS.

If Samsung had this already, they would've had my money. But everything doesn't synchronize seamlessly like the Apple ecosystem does, so why should my potential Samsung phone stick out in terms of functionality? I know Windows tried to accomplish something similar, but no one is here for Windows Phone and Internet Explorer.

jomarr

Nokia did the right thing to sway away from Android.

Their profits right now are steadily going up as Windows Phone gains momentum.

Sammy needs to reinvent. There's too much great competition now with HTC, LG and Motorola.

Nux

74%

slay I guess

Superpower

If this was Apple losing profit, this thread would be the most popular one on ATRL