Samsung's Q3 results: Mobile profits down over 95% due to Galaxy Note7 debacle

27 October 2016
The company is expecting that the year-end peak season and the Galaxy S7 and S7 edge smartphones will help it achieve comparable YOY earnings in Q4.

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  • D
  • AnonD-598579
  • 0Uj
  • 27 Oct 2016

Anonymous, 27 Oct 2016If it wasn't the J-Series Samsung would have been in deep t... moreYeah right.. :))

    • ?
    • Anonymous
    • 6XU
    • 27 Oct 2016

    This is a bad year for both Samsung and iPhone.

      • A
      • AuxZero
      • Q5i
      • 27 Oct 2016

      if Samsung is a GALAXY ??

      why there's no Samsung galaxy Pluto

        • l
        • leaf
        • prX
        • 27 Oct 2016

        I was honestly expecting massive losses, but they actually remained profitable. And to be fair, S7 edge is still one of the best phones out there. If you don't need the pen, it's pretty much the same as the note 7. If you do need the pen, you don't really have anything else than Note 5 to go for.

          • D
          • AnonD-424566
          • Bw@
          • 27 Oct 2016

          AnonD-196068, 27 Oct 2016Should wake up that an exploded battery is an exploded batt... moreWhat? And that makes things better, it's just been on CNN news that they never did came out what the real root of the problem was, they tell you what they want to tell you,. Not what you want to here you need to get out more fella?

            • D
            • AnonD-442781
            • H5W
            • 27 Oct 2016

            Anonymous, 27 Oct 2016It shows that people have come to senses perhaps, and final... moreLol, don't be silly. Samsung had a massive recall and still all segments remained profitable, even in the immediate aftermath.

            Then you have companies like HTC which are making losses with business as usual.

              • D
              • AnonD-461537
              • teq
              • 27 Oct 2016

              This "95 percent" is a third quarter. Samsung will do to bounce back from one of its worst quarter. No sales (Note 7), But Apple's profits tumbled, its third quarter of falling iPhone sales in a row.

                • ?
                • Anonymous
                • Mtf
                • 27 Oct 2016

                It shows that people have come to senses perhaps, and finally ditched Sammy for good. These figures are the same as they were in 2008, when the concept of smartphone appared practically. Sammy see ya... wouldn't wanna be ya!

                  • D
                  • AnonD-478769
                  • Pyx
                  • 27 Oct 2016

                  LOL

                    • ?
                    • Anonymous
                    • Mtf
                    • 27 Oct 2016

                    I can't possibly understand how can people still buy a Samsung after what happened...ok, if you already have one, keep it, and hope you won't burst into flames by using it. But to keep buying this after this fiasco, IT'S UNREAL!!! This shows how hugely brainwashed people are. There are lots of other manufacturers which provide the same or even better but at a lower price. And no C4 included, as Sammy does.

                      • l
                      • lacp
                      • ncG
                      • 27 Oct 2016

                      Anonymous, 27 Oct 2016Hilarious, im speechless with laughter!What is the joke that i wrote which is so funny, you troll?

                        • D
                        • AnonD-196068
                        • nUb
                        • 27 Oct 2016

                        AnonD-510098, 27 Oct 2016Should do removable batteries next time Should wake up that an exploded battery is an exploded battery whether internal or not. The end result is the same especially as Samsung have as good as admitted the root cause is most probably not the battery.

                          • D
                          • Duel
                          • Scq
                          • 27 Oct 2016

                          "Samsung's Share of Smartphone Market Drops to Lowest Level in Nearly Two Years"

                          it's not only because of Note 7. Samsung sold 10 million less smartphones this q than they sold last year.

                            • ?
                            • Anonymous
                            • nbb
                            • 27 Oct 2016

                            lacp, 27 Oct 2016You want cheapie and good with flagship specs, it can't be,... moreHilarious, im speechless with laughter!

                              • ?
                              • Anonymous
                              • P%u
                              • 27 Oct 2016

                              galaxyS7, 27 Oct 2016You got to open your dawn eyes a little. There are A, C, On... moreAnd supposedly quality phones explodes or burns. smh.

                                mir, 27 Oct 2016They should learn to step down the pricing of their product... moreYou got to open your dawn eyes a little. There are A, C, On series for people like you. S series for the people who need quality with fashion and style. Looks like it's not for you. Have a good day..

                                  • C
                                  • Csintu bhai
                                  • Iw@
                                  • 27 Oct 2016

                                  Samsung has to go back to the removable battery,and forget about this stupid new trend,just make the phones as thin as possible.Note phones are the best in the World,with the most unique features.I have a Note 4,so I know it.And dont rush...Take your time.

                                    • l
                                    • lacp
                                    • ncG
                                    • 27 Oct 2016

                                    mir, 27 Oct 2016They should learn to step down the pricing of their product... moreYou want cheapie and good with flagship specs, it can't be, Samsung are not any company. Samsung have to defend their statute of premium company with premium products and are not only the phones is everything they enginneer and manufacture.

                                      • E
                                      • Ex Samsung user
                                      • teX
                                      • 27 Oct 2016

                                      Awww what a shame..please Samsung stop making phones

                                        • D
                                        • AnonD-507785
                                        • 9F6
                                        • 27 Oct 2016

                                        mir, 27 Oct 2016They should learn to step down the pricing of their product... moreAmen to that. Samsung became kinda Apple of Android world. It's a huge hit for the company, one, that hopefully will wake them up a bit.