Samsung estimates $3 billion loss over the next two quarters
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- Aspros
- L1D
- 15 Oct 2016
I doubt it S7 edge is still making crazy profits and where they could be haulted by its 0.2 inch bigger brother, now they will continue at full throttle and absorving most of the note 7 impact, dont think that a greedy company like Samsung, who has profits as their priority will out the clients first, they have calculated the estimated loses and thats why they took that decision so lighthearted!
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- AnonD-423275
- a4$
- 15 Oct 2016
Samsung said they dont want to launch Note 6 as it is bad luck and they launched Note 7 and proved big loss for them
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- Someone Else
- tZ0
- 15 Oct 2016
Note7 owner, 15 Oct 2016I'm keeping my Note 7 for a while longer and demand more th... moreWhy would Samsung pay you 2x the phone's value? Just return your phone and get your money back.
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- Anonymous
- tue
- 15 Oct 2016
HAHAHAHAHA, 15 Oct 2016 Nice. They deserved it. Hope it will happen to Apple too.If it ever happened to Apple, Apple will topple in just a day. iphone is the only flagship they have. Even their laptops or computers sales can't make up the void. Unlike Samsung that have midrange and budget phone along witg their other variety of business. This is the part where Apple will release PPAP. Pen Pineapple Apple Pen will be 'innovative'.
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- AnonD-507785
- nF{
- 15 Oct 2016
I'm not gonna jump on a hate train, like others here, even if it is deserved outcome, but those numbers are...very, very optimistic. I think Samsung is trying a bit of a damage control and trying to calm down the investors, preventing them from leaving, but those numbers are probably gonna end up being much higher, than those estimations. They got too cocky, too careless, never a good thing in this business.
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- cyber
- pwT
- 15 Oct 2016
r.i.p samsung,game over
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- AnonD-62471
- bJe
- 15 Oct 2016
AnonD-136290, 15 Oct 2016Many Note users ( from Note 2 to Note5 ) would not opt for ... moreNote series is dead officially and there won't be any flagship in note series..
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- AnonD-507364
- bJb
- 15 Oct 2016
Seems that the end of Samsung is near.
Every company has it's high time and eventually low time and then slowly leads to death.
I have no pity on them since for years... they can't even optimise their laggy crappy TouchWiz. Their smoothness still losses to HTC Sense, Oxygen UI and Sony UI.
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- Anonymous
- ubH
- 15 Oct 2016
Note7 owner, 15 Oct 2016I'm keeping my Note 7 for a while longer and demand more th... moreSo, you are talking about family dangers from samsung, yet you are holding on the ticking time bomb note 7 so that you may be compensated for more. You see the irony there? If you truly value your family's safety and not greed, you would have gotten rid of the note 7 asap.
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- RUGAL
- IVD
- 15 Oct 2016
Out of topic. Please don't become the slaves of technology. Nowadays, we don't spend too much on smartphones. Just opt for an affordable smartphone. These smartphone manufacturers are going to earn billions. There will be new and better smartphones with so many unnecessary features, thus make our phones outdated. Then we buy them, and those manufacturers earn billions again. What about us? Just think.
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- Note7 owner
- Ibx
- 15 Oct 2016
I'm keeping my Note 7 for a while longer and demand more than $25 credit. I won't budge unless I get 2X what I paid for my Note7. Samsung placed my family in danger. They will pay for it.
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- tahta
- vx6
- 15 Oct 2016
I had Samsung before and I never happy for it. It's a crap! Slow to responds!!
- t
- tahta
- vx6
- 15 Oct 2016
you deserved it shamesung!! lmao!!
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- farhaan
- cSL
- 15 Oct 2016
thank GOD!
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- HAHAHAHAHA
- nps
- 15 Oct 2016
Nice. They deserved it. Hope it will happen to Apple too.
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- Anonymous
- xCD
- 15 Oct 2016
rise and fall (nokia 2.0)
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- Anonymous
- xCD
- 15 Oct 2016
what goes up must come down
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- Anonymous
- xCD
- 15 Oct 2016
they should lose more. this is a start of their fall so it's only a matter of time from hereon out.
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- AnonD-136290
- X{Y
- 15 Oct 2016
Many Note users ( from Note 2 to Note5 ) would not opt for an S7/S7edge, producing more S7/S7edge wont get you those Note user, a reliable Note7, re launched, re imaged, or a replacement model (Note6, Note VII, Note7 prime, Note7+, or just Note8) may recapture those user base.
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- deleted
- 2Au
- 15 Oct 2016
low and mid end phones surely will get some of those loss money back..