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Samsung profits surge 79% boosted by smartphone sales

bbc.co.uk

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Re: Samsung profits surge 79% boosted by smartphone sales

#11

Post by dereg »

jstsch wrote: post #10
yogrish wrote: post #7

Earlier quoted context omitted.

Even though a late entrant, by hook or crook Sammy has become top seller of smart phones along with Apple. It is almost pushing Nokia,RIM and others out of market. This is definitely appreciable.

I don't think it is appreciable, since Samsung is one of the biggest copycat companies ever. I was shopping for a washing machine recently, and it struck me how blatantly Samsung copies features from Miele. You can say what you want about Nokia and RIM, but they certainly have been innovative in the past. Samsung, not at all.

What blows my mind is how so many geeks have flocked to Samsung's side in the patent debacle of late. Samsung is one of the most "evil" corporations out there. They are one of the most shameless abusers of power in South Korea and are well known to suppress competition, free speech, and political dissent through their media influence.

Samsung's success (and their past means of achieving it) is nothing to be proud of.

Re: Samsung profits surge 79% boosted by smartphone sales

#12

Post by blub »

jstsch wrote: post #10
yogrish wrote: post #7

Earlier quoted context omitted.

Even though a late entrant, by hook or crook Sammy has become top seller of smart phones along with Apple. It is almost pushing Nokia,RIM and others out of market. This is definitely appreciable.

I don't think it is appreciable, since Samsung is one of the biggest copycat companies ever. I was shopping for a washing machine recently, and it struck me how blatantly Samsung copies features from Miele. You can say what you want about Nokia and RIM, but they certainly have been innovative in the past. Samsung, not at all.

Not only are they copycats in virtually all their product lines (from tvs to washing machines), they are part of other unsavory activities such as price fixing and obstructing gov investigations.

I am personally trying to avoid their products, they don't deserve any kind of admiration whatsoever.

Re: Samsung profits surge 79% boosted by smartphone sales

#13

Post by yogrish »

jstsch wrote: post #10
yogrish wrote: post #7

Earlier quoted context omitted.

Even though a late entrant, by hook or crook Sammy has become top seller of smart phones along with Apple. It is almost pushing Nokia,RIM and others out of market. This is definitely appreciable.

I don't think it is appreciable, since Samsung is one of the biggest copycat companies ever. I was shopping for a washing machine recently, and it struck me how blatantly Samsung copies features from Miele. You can say what you want about Nokia and RIM, but they certainly have been innovative in the past. Samsung, not at all.

I completely agree that it is a copycat, that's why I mentioned 'hook or crook'. But how many copy cats are making it to top in any sector. Some thing more is there with it technology wise or marketing wise. Would like to hear Any other thoughts.

Re: Samsung profits surge 79% boosted by smartphone sales

#14

Post by zmmmmm »

idspispopd wrote: post #4

My favourite part is the image of the model showing the samsung with an interface that closely resembles iOS. http://i.imgur.com/nsqFl.jpg

You ignore the three phones in the stock / normal configuration that looks nothing like iOS (showing widgets, etc), focus on the one that happens to be showing the app drawer which is more similar just so you can troll with a comment about copying. It's getting old.

Re: Samsung profits surge 79% boosted by smartphone sales

#15

Post by idspispopd »

CrazedGeek wrote: post #6
idspispopd wrote: post #4

My favourite part is the image of the model showing the samsung with an interface that closely resembles iOS. http://i.imgur.com/nsqFl.jpg

...icons on a grid resemble iOS, sure, and about a million other UIs.

You're implying that my observation is ridiculous.

I think you're the one being incredulous/insincere here.

Re: Samsung profits surge 79% boosted by smartphone sales

#16

Post by idspispopd »

zmmmmm wrote: post #14
idspispopd wrote: post #4

My favourite part is the image of the model showing the samsung with an interface that closely resembles iOS. http://i.imgur.com/nsqFl.jpg

You ignore the three phones in the stock / normal configuration that looks nothing like iOS (showing widgets, etc), focus on the one that happens to be showing the app drawer which is more similar just so you can troll with a comment about copying. It's getting old.

woosh

Re: Samsung profits surge 79% boosted by smartphone sales

#17

Post by megablast »

dereg wrote: post #11
jstsch wrote: post #10

Earlier quoted context omitted.

I don't think it is appreciable, since Samsung is one of the biggest copycat companies ever. I was shopping for a washing machine recently, and it struck me how blatantly Samsung copies features from Miele. You can say what you want about Nokia and RIM, but they certainly have been innovative in the past. Samsung, not at all.

What blows my mind is how so many geeks have flocked to Samsung's side in the patent debacle of late. Samsung is one of the most "evil" corporations out there. They are one of the most shameless abusers of power in South Korea and are well known to suppress competition, free speech, and political dissent through their media influence. Samsung's success (and their past means of achieving it) is nothing to be proud of.

Samsung has such a huge control over South Korea, i think I saw a study saying Samsumg's income is about 5% of Korea's GDP. Insane.

Not that it would make much difference, but it is crazy to see all the geeks embracing them so much.

Re: Samsung profits surge 79% boosted by smartphone sales

#18

Post by davidw »

ars wrote: post #9
jnorthrop wrote: post #5

Earlier quoted context omitted.

Here is a link to that story: http://www.sfgate.com/business/bloomberg/article/Samsung-Sha... That's a tough spin on positive news. Just because the analysts blew their estimates doesn't mean Samsung had a bad quarter. Here is the key quote: "Sales of 47 trillion won ($41 billion) trailed the 49.8 trillion-won average of 35 analysts’ estimates compiled by Bloomberg, overshadowing operating profit that rose to a recor…

> the analysts blew their estimates Samsung is supposed to give the analysts "guidance" to let them make good estimates. So it's a little bit Samsung's fault.

That dance has always seemed so bizarre to me. It's like some kind of weird game of hotter-colder.

Re: Samsung profits surge 79% boosted by smartphone sales

#19

Post by seanmcdirmid »

jnorthrop wrote: post #5
runako wrote: post #2

Bloomberg's headline for the same announcement: "Samsung Shares Fall After Quarterly Sales Miss Estimates"

Here is a link to that story: http://www.sfgate.com/business/bloomberg/article/Samsung-Sha... That's a tough spin on positive news. Just because the analysts blew their estimates doesn't mean Samsung had a bad quarter. Here is the key quote: "Sales of 47 trillion won ($41 billion) trailed the 49.8 trillion-won average of 35 analysts’ estimates compiled by Bloomberg, overshadowing operating profit that rose to a recor…

Well, if you are investing on analyst expectations, and then the stock doesnt meet those expectations, then of course a price correction is necessary. The market is efficient and so is sensitive to information changes.

Re: Samsung profits surge 79% boosted by smartphone sales

#20

Post by ZeroGravitas »

megablast wrote: post #17
dereg wrote: post #11

Earlier quoted context omitted.

What blows my mind is how so many geeks have flocked to Samsung's side in the patent debacle of late. Samsung is one of the most "evil" corporations out there. They are one of the most shameless abusers of power in South Korea and are well known to suppress competition, free speech, and political dissent through their media influence. Samsung's success (and their past means of achieving it) is nothing to be proud of.

Samsung has such a huge control over South Korea, i think I saw a study saying Samsumg's income is about 5% of Korea's GDP. Insane. Not that it would make much difference, but it is crazy to see all the geeks embracing them so much.

Yes, I stopped buying Apple products because they used so many Samsung parts.
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