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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  • m
  • mir
  • t7X
  • 27 Oct 2016

They should learn to step down the pricing of their products. They should not forget thag people preffered their phones in the past because apart from having more features than the iphones, their phones also were priced far far less.

    • D
    • AnonD-496754
    • 7kM
    • 27 Oct 2016

    Instead of flooding market with no of mobiles/series..just concentrate on low range,midrange,highrange..Crappy J/on/ding/dong..ohh i forgot Samsung is infamous for price heavy amount for this crappy J/on series phone..so no low range/midrange for Samsung.. everything is Overpriced.. Flagships price,Shitty specs.. that's Samsung 4 u..

      • J
      • Jarret
      • 25G
      • 27 Oct 2016

      Pity Samsung.

        • D
        • AnonD-584899
        • uCb
        • 27 Oct 2016

        Sams must learn how to give cheap price to their product, to expensive and eat a note with boom

          • ?
          • Anonymous
          • uC4
          • 27 Oct 2016

          If it wasn't the J-Series Samsung would have been in deep trouble

            • D
            • AnonD-59657
            • 2mC
            • 27 Oct 2016

            Xiaomi MiMix is the most innovative smartphone in 2016.

              • D
              • AnonD-385420
              • mHw
              • 27 Oct 2016

              Rushing out any product can really cause more problems that you were hoping for,Samsung just had the new Apple iPhones in there minds,and can"t have really checked every item or design that caused this battery problem,pressure on Samsung now with Chinese Edge phones on the Market and Cheaper prices than there Edge phones,so Samsung now must pull out All there Best to make the Future Galaxy S8 phone really outstanding

                • D
                • AnonD-510098
                • MAf
                • 27 Oct 2016

                Should do removable batteries next time

                  • ?
                  • Anonymous
                  • rAh
                  • 27 Oct 2016

                  It's too big a company to be affected in long term by this note 7 issue and all these losses or should I say low profits

                    Understandable in a situation like this, and quite unfortunate as well. Just waiting for all the "new" haters to post their remarks...

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