Samsung sees 95% drop in profits for a second consecutive quarter
101–110 of 122 posts
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#102Earlier quoted context omitted.
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 br…
Most of the world doesn't have a laptop and are not interested in getting one. Even more so when it comes to a desktop. But they would be thrilled about a device which is as easy to carry as a phone but can have as big a screen as an iPad when watching Youtube or reading news or doing a video chat. I can immediately think of at least 5-7 family members who would love this kind of device.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#103Earlier quoted context omitted.
I like small phones. I dont want to have something larger that 5.5 inches in my pocket. Five years ago I bought a Sony xperia zx1 compact, due to its form factor. I've been looking for a new phone for about a year, but all of them are too big or under powered for my liking. To me, the alternative seems to be foldable phones. I'll probably buy a Motorola razr 40 in the coming weeks. Also, an iPhone is not a option.
Zenfone 9 should be a hair smaller than zx1, have you checked it out?
Which is 129mm tall and has a 4.6 inches display.
Still, the Zenphone is about 15mm taller. I'll check it out. Thanks.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#104Re: Samsung sees 95% drop in profits for a second consecutive quarter
#105Serious question: how can a company recover from that and not go bankrupt? These seem like extraordinary numbers for the last half.
Profits =/= revenue For it to go bankrupt it would need to have negative profits, which means greater 100% drop in profits.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#106Serious question: how can a company recover from that and not go bankrupt? These seem like extraordinary numbers for the last half.
> It appears Samsung brought in a profit of 0.67 trillion ($523.5 million) Korean won (KRW), which is a drop in the bucket to the 14.12 trillion KRW ($11.06 billion) it made last year. Their profit was _only_ 500 million dolars, while previously was 11 billion dollars. That's still profit. And I dare to say good profit.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#107For a Samsung phone, 'taint' an iPhone that would sell well in the anglophone world, and 'taint' a Chinese-branded phone that would sell well in China.
That leaves Samsung as a niche player trying to survive in a smaller market.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#108Earlier quoted context omitted.
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 br…
Exactly. I refuse to use my phone for everyday computing. The screen is too small and/or doesn't have enough pixels to display enough data at a time. I normally use a 4K screen.
I liken using a phone for everyday computing to be like using 'keyhole surgery' for surgery on the heart. You need to be able to see a job as a whole not just a tiny portion of it.
And don't get me started on how big and cumbersome today's phones are. I went though several decades where mobile phones shrank from being a heavy house brick to a 'chocolate bar' that fitted easily into a shirt pocket. Only for the progression to start going all the way back to today's monstrosities.
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#109> 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!"
OK, that was 1997, and it's been done better since then (Minority Report and others...: [1]). But people want the big screen with a tiny carry.
[1]: https://www.theverge.com/2018/11/14/18088620/samsung-foldabl...
Re: Samsung sees 95% drop in profits for a second consecutive quarter
#110It's interesting this article sounds like the issue is with their Android division, but other articles are painting an entirely different picture about the price of memory chips falling: https://www.forbes.com/sites/hyunsoorim/2023/07/26/samsung-p...