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Samsung sees 95% drop in profits for a second consecutive quarter

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Re: Samsung sees 95% drop in profits for a second consecutive quarter

#11

> Samsung is hoping the launch of its foldables will help level out these losses Very serious question: Who is asking for foldable phones? Who is saying, "You know what's missing from my phone? More moving parts! A huge hinge for crumbs to get stuck in! I just can't enjoy this app unless it's in a square form factor and a crease in the center!"

I'd love a phone that converts to a tablet, but I'm not about to pay more than I paid for my desktop computer. That, and I'm hoping someone figures out a "rollable" phone without a waterfall screen instead.

https://www.theverge.com/2020/11/17/21571056/oppo-x-2021-rol...

https://www.cnet.com/tech/mobile/tcl-rollable-phone-concept-...

https://www.theverge.com/2022/7/12/23205814/lg-rollable-phon...

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#12

> Samsung is hoping the launch of its foldables will help level out these losses Very serious question: Who is asking for foldable phones? Who is saying, "You know what's missing from my phone? More moving parts! A huge hinge for crumbs to get stuck in! I just can't enjoy this app unless it's in a square form factor and a crease in the center!"

The appeal of a big screen that fits in your pocket is obvious. The downsides certainly might outweigh that, but the reasoning is not a mystery like you're implying.

What good would a bigger screen in my pocket be? My current phone is already uncomfortably large. It's not like my thumbs or palms are getting any bigger. I wish they made smaller Pixel phones, not bigger.

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#13

I remember walking on the sidewalk in one of the busiest city sections of downtown Gangnam when I was stopped by a guard. On the street, other guards were stopping traffic. Mind you, this street is as busy as any in Manhattan. Then a secret gate opened as a $400k+ Mercedes Maybach slowly backed out. The entire block of pedestrians and traffic was inconvenienced for 10 minutes for this ordeal. I was told by my Korean…

Now we know where all the revenue went.

Those secret gates must cost a pretty penny.

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#14

And they are like 95% of the SK economy because of the Chaebol system

I was wondering if this counted its business in SK as well. The profits mentioned are in won, so I lean toward yes, but when I was in SK, fuckin' everything was Samsung. They even got Samsung autonomous autoturrets now[1]. How is Samsung not printing money? South Korea has the 12th highest GDP on the planet. [1] https://en.wikipedia.org/wiki/SGR-A1

Over the past 5 or so years everyone I know who previously held Samsung in high regard for non-phone products has had an experience which has put them completely off the brand for the foreseeable future. They market themselves as high-end, but their reliability, service, and usability are worse than the budget brands. It doesn't matter how awesome your TV screen looks if it stops working after 4 months because some proprietary internal part fries itself and takes the panel with it and they want to charge you $1000 to repair it.

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#15

> Samsung is hoping the launch of its foldables will help level out these losses Very serious question: Who is asking for foldable phones? Who is saying, "You know what's missing from my phone? More moving parts! A huge hinge for crumbs to get stuck in! I just can't enjoy this app unless it's in a square form factor and a crease in the center!"

Presbyopia starts kicking in at around 40-45 years of age, and makes reading on a phone screen increasingly difficult. It's hard to make the text large enough even with the largest of today's normal phone screens, especially considering the aspect ratio. The foldables fix that issue. Not only is the screen larger, but the aspect ratio is much closer to what you want for reading.

I fully expect my next phone to be a foldable just due to this.

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#16

Earlier quoted context omitted.

This is specifically Samsung Electronics as far as I can tell. Nevertheless it’s an amazing drop.

Are their washing machines and fridges under their Electronics corp? Just the high-tech consumer stuff? I'm not sure where I'd look to get a definitive answer.

Won't be long before Samsung offers a genealogy service so you can see how your washer and phone are related, and maybe uncle turret in the military too.

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#17

Earlier quoted context omitted.

The appeal of a big screen that fits in your pocket is obvious. The downsides certainly might outweigh that, but the reasoning is not a mystery like you're implying.

What good would a bigger screen in my pocket be? My current phone is already uncomfortably large. It's not like my thumbs or palms are getting any bigger. I wish they made smaller Pixel phones, not bigger.

Completely disagree with you on smaller pixel phones and that's ok

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#18

Earlier quoted context omitted.

The appeal of a big screen that fits in your pocket is obvious. The downsides certainly might outweigh that, but the reasoning is not a mystery like you're implying.

What good would a bigger screen in my pocket be? My current phone is already uncomfortably large. It's not like my thumbs or palms are getting any bigger. I wish they made smaller Pixel phones, not bigger.

What if you had a small phone that could become big on demand, for enhanced content consumption or productivity tasks?

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#19
post #17

Earlier quoted context omitted.

What good would a bigger screen in my pocket be? My current phone is already uncomfortably large. It's not like my thumbs or palms are getting any bigger. I wish they made smaller Pixel phones, not bigger.

Completely disagree with you on smaller pixel phones and that's ok

I just miss having that option.

The market offering only bigger phones seems a bit... heavy handed? Ba-dum.

Re: Samsung sees 95% drop in profits for a second consecutive quarter

#20
post #18

Earlier quoted context omitted.

What good would a bigger screen in my pocket be? My current phone is already uncomfortably large. It's not like my thumbs or palms are getting any bigger. I wish they made smaller Pixel phones, not bigger.

What if you had a small phone that could become big on demand, for enhanced content consumption or productivity tasks?

Personally, I'd just open my laptop or plug it into the desktop monitor.

Like even a giant iPad with a keyboard isn't productive for me. I just use my phone to check messages, read the news, etc. If I want to do something useful, I just sit down at the ultrawide and use a real OS with like four times the memory.

I played with those folding phones at the store last week and thought to myself "nah, just more shit to break. And what would I do with it anyway? Watch YouTube slightly bigger? It'd be much harder to type on too."

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