Profits down for the seventh quarter in a row. Bad news for Samesung. They need to innovate.
although it seems s6 wasnt the sucess samsung was hoping for. There is a possibility (although I dont believe it is so) that other parts of the company has eaten the sales profits from the S6.
if you exclude Apple, this downward trend isnt surpising, economies arent going so strong, so people buying phones would most likely be looking more at the mid-range segment, that generally offers more value for money. And samsung has lost that segment, at least in india and china, and some more countries. And they arent managing their midrange portfolio very well, with too many devices and bad upgrade history.
Apples business strategy defies logic, it shouldnt work, so you really cant be looking at apple and hoping to get sales and profit margins close to the iPhone.
Quarter 1 this year, $43.2 billion revenue Quarter 2 this year, $42.5 billion revenue The Galaxy s6 was released in the second quarter.
"Samsung Electronics revenue slides 8.4% after mismanaged Galaxy S6 launch", "Samsung profits falls for seventh consecutive quarter"- that my friends were the real headline on the web about Samsung's latest earnings.
it"s realy true the sansung is truely lead mobile maker company
Anonymous, 07 Jul 2015Fools. A phone can only be as good as the OS allows.
Android is junk. So no matter how good... moreNo one stopped samsung in releasing Tizen or Bada mobiles.
And i agree that OS also plays its part.
Anonymous, 07 Jul 2015Maybe because the demand is higher than supply and Samsung can't make s6 fast enough? If demand is higher than supply then price won't drop like a dead stone !!!
And we all know samsung is a manufacturing powerhouse.
Some people are funny slating the S6 series. Aside from no removable battery and sd slot it is the most powerful phone out..how can one say its form over function? Its functions are better then the rest out.
Reaper.s1000rr, 07 Jul 2015This is what happens when you rely on gimmicks. Samsung should work on UX and support rather t... moreBut the user experience and support samsung provides are already better than most.
I digress though. The note line is better than the s line anyway.
samsung is always copy manual company so it's no create thatselfs so dont try to maintain they mobile geth
Reaper.s1000rr, 07 Jul 2015This is what happens when you rely on gimmicks. Samsung should work on UX and support rather t... moreFools. A phone can only be as good as the OS allows.
Android is junk. So no matter how good the phone is, the result is junk!
The only way out is for Samsung to use Microsoft Windows OS. Drop that worthless laggy OS droid.
Samsung let there Project Zero down with thinking more about the iPhone users instead of its Galaxy phones uses,when you"ve been offering items the iPhones never offered like the Removable Battery & Micro Sd Card Slot,and your phones are popular,an just because you are supplying for Apple again you do not have to copy the iPhone 6 with the Galaxy S6,so people stayed loyal to the Galaxy S5 or switched to the Note 4 or alternative phone that offers there Best Selling Options,Note 4 is much better value than the Galaxy S6 or S6 Edge,and if Samsung copy the iPhones again with the Note 5 Samsung will be in more Trouble with people getting feed up with Samsung letting its Galaxy phone users down,an people leaving Samsung
Harmonica, 07 Jul 2015It's official that S6 didn't do that well.Maybe because the demand is higher than supply and Samsung can't make s6 fast enough?
This is what happens when you rely on gimmicks. Samsung should work on UX and support rather than curved screens and useless specs.
Regarding the hardware quality, Samsung is the best among the Android OEM!
Anonymous, 07 Jul 2015Samsung profit is higher more same period last year.. I think s6 and S6 edge help Samsung come... moreProfits are lower when compaRed to last year. It is expected that profits will be more when compaRed to prevIous quarter because of S6 release. Unable to beat S5 sales mean , Samsung got some soul seArching todo.
Stondec100, 07 Jul 2015I bet that profit would have been so much larger if they'd manages to imbue the S6/Edge with ... moreS6 edge is there for marketing reasons only. It was available except one color , and not able to meet the demand is a typical samsung coverup.