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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

#81
post #62

> 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!"

Who was asking for a touchscreen phone, in 2007?

I was asking for my IPAQ to have a phone years before, then the palm Treo came in, and I stopped asking... because the Treo was terrible.

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

#83
post #24

Earlier quoted context omitted.

I don't get it. You need glasses anyway for everything else. I've started using glasses and I'm not interested at all in getting a foldable. What I would like is something like an Ubuntu phone. And better batteries.

> I don't get it. You need glasses anyway for everything else. When you get older, you often start needing two pairs of glasses (or bifocals). One for things far away (the glasses you drive with) and one for things much closer (computer, phone, etc...).

Right. And at least I find phone use to be markedly different from e.g. computer use in this respect. It happens on the go, unpredictably, and not for very long at a time. I'm totally fine swapping to a different set of glasses when sitting down to work on a computer for three hours, but it's a much bigger hassle to do for a lot of phone use cases.

(I don't like any kind of varifocals.)

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

#84

> 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 have a Z fold 3 and love it. It's great for reading e-books and looking at maps and reading most web pages (some mobile ones get confused). It's everything I'd need in a tablet without having to carry one. Just a large phone.

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

#85

Earlier quoted context omitted.

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 br…

Tell me you're a fellow boomer without using the word. These kids today...might not even have a full computer at home. It is possible that they only use one at school/work. So the majority of the compute time is on a device. This is something I have to remind myself of a lot more often. The mobile first concept is real for a reason. So, just having an ultrawide and a system with an OS is pretty much on the lines of a…

Not a boomer but a millennial. I dunno if it's a class thing (my phone, computer, and monitor combined still costs less than some new phones these days). I need the computer for work because it's my livelihood. And I play video games on it (streaming, cuz I can't afford a real gaming PC).

But I can totally believe that for many people the phone is their only device. I still struggle to imagine what use case would be better on a slightly bigger phone, especially if it makes typing harder. I had a Steam Deck for a while and that size is similar, and it was so hard to interact with that keyboard vs a regular phone in portrait mode.

I have no issue with manufacturers trying new form factors. Somebody out there must want them. I just wish they also kept making smaller phones for the small-handed among us...

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

#86

> 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!"

It's in the fifth iteration now, so the answer is: plenty of people. Maybe not anyone you personally know, but they are out there.

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

#87

> 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 used to ask the same question about cameras on phones, who is asking for these? Low resolution, terrible low light performance, and who wants to look at photos on a low quality phone display, if you have to load pictures on your computer anyway, why not just use a dedicated camera and get much better photos? I “knew” that with the space constraints in a phone, the camera would never approach the quality of a “real”…

I think things like folding and cameras on phone isn't why you go out looking for a phone.

It's just to nudge you towards their product when you're given the choices.

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

#88

Samsung's like Apple's profits are cyclic in nature, when the new phone hits the market they have a massive/profit revenue increase, and that's how it goes. Saying that a quarter earnings are lower in profits, is because the base of appliances that Samsung sells have low margin (everything from washing machines, to tanks), while the phones they sell have a high margin. So The phone quarter you see larger margins, the…

You might have missed it in the Article, but this is about quarter over previous year (same quarter last year) earnings.

So the 95% decline in Q1 is being compared to Q1 the year before and so on.

This would mean we are not comparing sales in the spring to sales last fall or in the holidays when a new phone released.

Also mentioned is that their smartphone shipments are down more than 30% year over year.

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

#89

> 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!"

> Very serious question: Who is asking for foldable phones? Who is saying,

I don't own one, but having seen colleagues use them I plan to get one once it stops costing and arm and a leg.

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