Samsung estimates $3 billion loss over the next two quarters

14 October 2016
Samsung released a statement with the expected numbers lost to the Note7's discontinuation.

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  • AnonD-60230
  • f}8
  • 17 Oct 2016

Anonymous, 17 Oct 2016yeah. but their design is always ugliest.are you kidding me! or you are only passing opinions by seeing their design on paper and not in real life. for a moment I too got disappointed by the design when I saw its release.. but thats until I saw it in real life.
as soon as I went to buy a new device and saw Xperia XA on the shelf I was surprised to notice that it's the best design any competition has to offer.. and soon after buying the phone, atleast 8-10 people already asked me which phone I am using and they keep staring at my phone (and that's quite surprising since you'll never see this kind of reaction from public on any occasion)
so don't just pass your opinion until you see things in real life!

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    • Osiris
    • SXh
    • 17 Oct 2016

    Anonymous, 17 Oct 2016yeah. but their design is always ugliest.Lol get yourself pair of glasses, they have best design in the industry!

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      • Anonymous
      • 9xx
      • 17 Oct 2016

      TOPgun, 16 Oct 2016Sony phones are more stable than nexus dude their user expe... moreyeah. but their design is always ugliest.

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        • AnonD-598677
        • RIE
        • 17 Oct 2016

        hurm... right now i stick to my stupid iphone rather than note boom 7, its good thing they discontinued it, anyhow they should stop it before the release, now its really wasted .Hope they come out with new design and not classic style,( its remind me blackberry) its like holding an old school phone with the legacy design.

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          • TOPgun
          • fsV
          • 16 Oct 2016

          Anonymous, 15 Oct 2016As you'r comment looks like,are you working for sony?"Touch... moreSony phones are more stable than nexus dude their user experience is far above the rating been giving to it I just got xz and is an amazing under rated device the camera is wonderful with manual settings its an amazing piece of tech

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            • 7oda
            • D7S
            • 16 Oct 2016

            Chopsticks, 15 Oct 2016Samsung will get through this Note 7 embarrassment no probl... moreTrue 👍👍👍

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              • 7oda
              • D7S
              • 16 Oct 2016

              shazii, 16 Oct 2016samsung really deserves this now they think about their pro... moreReally !!!!
              Apple has the best display are you kidding me
              Are you comparing qhd display with a shit called HD display in iPhone shit for more than six years !!!!!!
              Samsung is the best but the note 7 is dead now and samsung must make nonexploding batteries

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                • Anonymous
                • IbI
                • 16 Oct 2016

                AnonD-59657, 16 Oct 2016This is the big price you have to pay if you're not committ... moreIn your mind.

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                  • well,
                  • p2L
                  • 16 Oct 2016

                  Their loss is our gain

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                    • Simon
                    • NU0
                    • 16 Oct 2016

                    They'll need to sell the S8 way cheaper then if they want to retain the user base. People will no longer accept the premium that Samsung could charge as the top quality Android company. Otherwise the Note 7 would be the beginning of the downfall of the Galaxy series.

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                      • AnonD-59657
                      • IVP
                      • 16 Oct 2016

                      Speculation suggests that Samsung might consider to spin off its mobile business so that it minimise the overall company financial impacts as the result of catastrophic failure in a Note 7.

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                        • AnonD-59657
                        • IVP
                        • 16 Oct 2016

                        This is the big price you have to pay if you're not committed to create the highest quality and safest products for consumers.

                        May be $3 billion is not a big deal for company like Samsung but the reputation of company is severely tarnishing for years to come.

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                          • AnonD-7834
                          • NY$
                          • 16 Oct 2016

                          Anonymous, 15 Oct 2016Your no note 7 owner, people want to be concerned how Samsu... moreTrue, to be honest with you, I will not be surprised if it, some day, is found out that some malicious person somewhere was behind all this scam. I'm not a prophet, but someone will remember this in future.

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                            • shazii
                            • X}$
                            • 16 Oct 2016

                            samsung really deserves this now they think about their product highly featured phones with soo much cheap quality sony and apple are excellent quality minimum crash rates highy camera sensor best display and superd build quality and more they made their own phones not in hurry to copy and release samsung in few more years u r finished because of your own cheap quality products

                              AnonD-248589, 16 Oct 2016I heard it was more like $17 billion.That is total loss. This $3billion is operating profit loss.

                                Raphi7, 15 Oct 2016I think most users say Touchwiz is laggy also because they ... moreEven Sony's budget phones run as smooth as Samsung's flagship. My friend has one, and I never expected it to be as smooth as my friend's S7 Edge

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                                  • Nobody
                                  • 3IJ
                                  • 16 Oct 2016

                                  Samsung really not trustworthy anymore they even did not declare their actual loss to keep them up as one of the world largest corporation the really lost more 20 billions of their market value

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                                    • Reech
                                    • 8@N
                                    • 16 Oct 2016

                                    Just don't boost the power unit production....

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                                      • Anonymous
                                      • rKV
                                      • 16 Oct 2016

                                      AnonD-248589, 16 Oct 2016I heard it was more like $17 billion.state?

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                                        • AnonD-248589
                                        • Ibx
                                        • 16 Oct 2016

                                        I heard it was more like $17 billion.