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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  • mpW
  • 15 Oct 2016

Samsung will get through this Note 7 embarrassment no problem. They will also learn from it and ensure it never happens again.

The S8 will be amazing.

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    • Anonymous
    • mpW
    • 15 Oct 2016

    Note7 owner, 15 Oct 2016A lot of folks here are taking this matter too lightly, per... moreLOL!!!

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      • Anonymous
      • mpW
      • 15 Oct 2016

      Note7 owner, 15 Oct 2016I'm keeping my Note 7 for a while longer and demand more th... moreFud.

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        • AnonD-2626
        • nuN
        • 15 Oct 2016

        Samsung - the greedy company, that skipped Note 6, just to jump on SMS Galaxy s7 hype.

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          • Anonymous
          • 6XU
          • 15 Oct 2016

          Anonymous, 15 Oct 2016As you'r comment looks like,are you working for sony?"Touch... moreYou are wrong dude. Sony's UI has lowest 0.8% crash rate and better than Nexus.

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            • Fade.
            • nmN
            • 15 Oct 2016

            WOW. Is it just me ordoes 3 billion loss actually sound very little loss for a Company of Samsungs caliber. I mean think about it. Returning millions of phones. Giving away hundreds of millions to the note 7 owners in the exchange program. Stopping productions. Losing lots of possible future customers. Having lots of useless spare parts... Even their stock diving should do a 3 billion damage alone. SO DO THEY REALY HAVE THAT LOYAL CUSTOMERS OR ARE THEY UNDERESTIMATING THE DAMAGES??!!

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              • Anonymous
              • qLm
              • 15 Oct 2016

              Maybe Samsung competitor sabotage samsung product so people can buy theirs. Bring them back to Korea and manufacture with a quality product

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                • mas39
                • MJS
                • 15 Oct 2016

                Oh dear me isn't it funny all this fiasco, Samsung are going to have the mickey taken out of them for the next 10 years, at least by me anyway, I just love it. Samsung are truly gone as a trustworthy phone company although to be honest they weren't that trustworthy in the first place. Sony and Qualcomm rock!!

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                  • james
                  • Trm
                  • 15 Oct 2016

                  one thing i am sure of, QA/QC manager lost his work already.

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                    • Anonymous
                    • nE2
                    • 15 Oct 2016

                    Note7 owner, 15 Oct 2016A lot of folks here are taking this matter too lightly, per... moreYour no note 7 owner, people want to be concerned how Samsungs source code got into the hands of another phone company, allowing them to cause all the cores to run at full power all at once, Then buying a few boxes of them,doctoring them,turning them off, then plugging them on charge in prominent places, turning them on, with cores set to ignite the phones, knowing that the fire will hide the real cause. This scam could only be gotten away with by there being sealed batteries, the perpetrator would not have dared this in case someone pulled the battery, and the phone could not burn up the real cause but be examined by Samsung. Hey, some one could have dragged in judge Lucy kho, to make sure who ever planned it got off scott free.

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                      • Anonymous
                      • nmN
                      • 15 Oct 2016

                      Be careful, prices of the next Samsung phones will be even higher (Galaxy S8)

                        Anonymous, 15 Oct 2016As you'r comment looks like,are you working for sony?"Touch... moreI think most users say Touchwiz is laggy also because they have used mid-range and low-rend Samsung phones wich, especially before S6, were laggy and unusable.

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                          • Anonymous
                          • vuY
                          • 15 Oct 2016

                          That's what happens when bean counters have too much power in a company.

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                            • AnonD-569198
                            • YdR
                            • 15 Oct 2016

                            Note7 owner, 15 Oct 2016I'm keeping my Note 7 for a while longer and demand more th... moreActually, Samsung did not place your family in danger. It MAY have placed your family in danger - big difference. There may be no evidence that your PARTICULAR instance of the phone has any flaw with the battery. If you want 2x the price then there's legal means and court systems to address that issue.

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                              • AnonD-457393
                              • nxx
                              • 15 Oct 2016

                              I don't get why so many people are complaining about the note 7 being discontinued, there are other options with the note 7's best feature and they do it better e.g. TNT, c4, etc. They blow up and they have a larger impact radius

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                                • AnonD-457393
                                • nxx
                                • 15 Oct 2016

                                Anonymous, 15 Oct 2016As you'r comment looks like,are you working for sony?"Touch... moreHe is right it is still quite heavy and ugly but it is abit slimmed down and there phones are more able to handle heavy skins now. Sonys is more lightweight but if your talking about less bloat ware then either stock, moto or Htc is for you

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                                  • Suraj Patel
                                  • YQM
                                  • 15 Oct 2016

                                  9.2billion +200million+ 20lack

                                    A lot of folks here are taking this matter too lightly, perhaps they don't have any love ones in their lives. When you do you will understand the level of failure Samsung has achieved with the Note7. :) Samsung's incompetence will show it's rear again and I honestly hope no one gets hurt. It's like playing Russian roulette with Samsung products nowadays. Good luck to the S supporters.

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                                      • Anonymous
                                      • mYW
                                      • 15 Oct 2016

                                      Anonymous, 15 Oct 2016Very true. TouchWiz sucks. Very heavy UI with too much bloa... moreAs you'r comment looks like,are you working for sony?"Touchwiz slow....buy xperia".Dude, touchwiz isn't slow anymore since the s6's version,you haven't touched a samsung in years and start complaining.If you want a nice android experience recommend a nexus not a sony....

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                                        • SJM32
                                        • mqM
                                        • 15 Oct 2016

                                        AnonD-442781, 15 Oct 2016That guy is a ssamsung-hater troll, he is just trying to ge... moreJust seen some other comments that he/she has made, definite troll. Still dumb.