Samsung Q2 financial results show 56% dip in profits

31 July 2019
Slumping sales in flagship smartphones and memory chip markets to blame.

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  • ?
  • Anonymous
  • 81X
  • 02 Aug 2019

"In addition, the mobile business saw a 42% decrease in profit due to slow sales in the flagship sector despite an increase in total smartphone shipments."

In the early going, several stories and posters were claiming that the S10's were a hit; I said 'wait for the long term results'. They have been the slowest selling S-series for me yet - since Mar. 8 my store has sold almost exactly twice as many black iPhone Xr 64GBs as the entire S10 lineup combined. Granted I'm in NA, Apple's stronghold.

    Where Samsung and Apple battles Huawei will wins :-)

      Anon, 01 Aug 2019Your stupid punchole design will make you guys go bankrupt!... moreYes, totally agree!!

        • a
        • an2
        • mps
        • 01 Aug 2019

        Mani, 31 Jul 2019I hope so, that will be amazingAmazing for what? Competition benefits the consumers...surely you'd know that?

          • A
          • Anon
          • X3t
          • 01 Aug 2019

          Your stupid punchole design will make you guys go bankrupt!!!!!!

          GET RID OF THE BLOODY PUNCHOLES!!

            • A
            • Anonymous
            • wrq
            • 01 Aug 2019

            Beware Sammy ! Today's Chinese phones are cheaper and have a good built quality. Also, the purchasing power of most consumers has a certain limits. Look at HTC, Sonny, and LG, you better compete Samy !

              Mani, 31 Jul 2019I hope so, that will be amazingLMAO, keep dreaming

                • n
                • necru
                • bam
                • 01 Aug 2019

                Mani, 31 Jul 2019Sammy don't know how to do business, Xiaomi phones comes w... moreSamsung doesn't know how to do business?... Please, explain to us based on your experience on doing business how this multi-billionaire Korean monster can improve their profits and become as successful as your company.

                  Samsung will be fine, they still profited $5.5 billion yeah billion last quarter.

                    • ?
                    • Anonymous
                    • JM9
                    • 31 Jul 2019

                    justi know that i dont know :v

                      • M
                      • Mani
                      • XPA
                      • 31 Jul 2019

                      Sammy don't know how to do business, Xiaomi phones comes with bloated ads based MIUI but people still buy them because of cheap price despite knowing that their identity being sold because of those ads and tracking.

                        As I have said before, this is just the beginning for Sammy's wounds.

                          Mani, 31 Jul 2019I hope so, that will be amazingSamsung is not a one trick pony!! They are a conglomerate and into many verticals....they will still supply displays, memory, battery, SoC etc which fruit company doesn't know how to produce them......

                            • ?
                            • Anonymous
                            • Njw
                            • 31 Jul 2019

                            Mani, 31 Jul 2019Sammy don't know how to do business, Xiaomi phones comes w... moreDo you know that samsung has ads?

                              • M
                              • Mani
                              • XPA
                              • 31 Jul 2019

                              Sammy don't know how to do business, Xiaomi phones comes with bloated ads based MIUI but people still buy them because of cheap price despite knowing that their identity being sold because of those ads and tracking.

                                • M
                                • Mani
                                • XPA
                                • 31 Jul 2019

                                Don , 31 Jul 2019Samuang will colapse in 4-5 years.I hope so, that will be amazing

                                  • ?
                                  • Anonymous
                                  • ssY
                                  • 31 Jul 2019

                                  Chinese still around Samsung be aware Samsung.

                                    Wonder if it has anything to do with them removing the headphone jack and micro SD support from more and more of their phones..?

                                    Nah, couldn't be that. People love having less features and options and their phones

                                      • P
                                      • Prit
                                      • NC9
                                      • 31 Jul 2019

                                      Poor sales - because of very high premium price !!! slowly people have realized buying Samsung phones giving full price is not pocket friendly.

                                      One advice to Samsung, instead of giving free gear iconx, or watch when buying a smartphone please reduce your smartphone price, else smartphone manufacturing army in China will take away your all business.

                                        • V
                                        • VRS
                                        • yp1
                                        • 31 Jul 2019

                                        galaxy A70 SD675 price 29K galaxy A80 SD730 price 48K
                                        redmi has better price point K20 SD730 better camera department price 20K K20 pro SD855 powerful chip with great camera video dipartment price 25K Base varient this move Xiaomi is attractive more customers
                                        poo f2, MIA3 ,redmi note 8 pro ?Redmi X are coming way