Samsung posts record revenue in 2022, but dwindling profits

31 January 2023
Sales of Galaxy phones declined in Q4, both QoQ and YoY, but the full year saw a 10% increase.

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Akinaro, 01 Feb 2023Not really. Samsung in 2022 hold around 30% of Android Mark... moreWho would buy that instead of Samsung?
Samsung market share growed 2% even with exynos S22U and all Chinese phones fell.
If Samsung leaves Android, Android is Chinese and everyone will follow Samsung.

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    • AnonD-762416
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    • 03 Feb 2023

    Akinaro, 01 Feb 2023Not really. Samsung in 2022 hold around 30% of Android Mark... moreYour TV reference completely undermined your excessive confidence in Android's greatness. Samsung is (also) the biggest TV brand. Samsung TVs comes with Tizen. The second biggest TV brand comes with WebOS.

    That said, it is quite obvious Samsung won't leave Android as a rogue brand, even though they're responsible for almost all revenue on Android. If they leave, they will organise it with a few other key Android device brands.

      "Oh but Samsung has to increase price to increase profit".
      But their profit is still enormous because of the margins, despite the supposed 69% drop.
      "Oh but they can't decrease price because that means more devices for same profit."
      But increased price means less sold for more money. You lose customers with price increase.
      Seriously do you guys need pictures?

        potato4k, 01 Feb 2023You are making the assumption that the previous year flagsh... moreToday, most people purchase their phones online. Retailers like best buy and amazon are where a lot of phones are bought, even Samsung's own website sells the refurbished S21 for cheaper than the S21 FE

          Anonymous, 01 Feb 2023And if Samsung decides to leave android today, then Android... moreNot really. Samsung in 2022 hold around 30% of Android Market, and it only about phones. It would be easy replaced by Xiaomi it self as Most of Samsung share is due to cheaper devices sold by operators.

          Also not forget that Android is not only in phones, Lots of TVs and other devices use it.

            blue, 01 Feb 2023Xiaomi does not make "A series".You do realize that this is article about Samsung?

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              • 01 Feb 2023

              Akinaro, 31 Jan 2023If they stop flooding market with 1000 versions of every A ... moreXiaomi does not make "A series".

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                • 01 Feb 2023

                Samsung are real good last few years. They got their software right. They ship updates before Google. Their cameras outsmart Apple and Google last 12 months. The Knox security thing works. DeX actually works on s22. Combine this with the best hardware all around and pretty good prices on the mid range. No wonder their revenues for the 2022 grew and they got much bigger market share now eating the pie of Chinese manufacturers that suffer from chronic software and quality control issues.

                Apple is the other winner in 2022

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                  • 01 Feb 2023

                  Other phone manufactures (Moto , Nokia , Redmi) are manufacturing their phone with pure/stock Android, why Samsung not manufacture their phone with pure/stock Android phone for A series phones?.

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                    • 01 Feb 2023

                    Those days (2012-2017) phones are looks good for hardware specs but now phones are like useless brick size with useless ultrawide , macro and depth cameras. Samsung have A , M , F , S series phones. So they can easily allocate those phone series for personal users for A series , gamers for M series , office users for F series , business users for S series.

                    A series users
                    5.7 - 6.0 inch display is better with snapdragon cpu and one best rear camera is best option.
                    M series users
                    6.8 - 7.5 inch display is better with exynos cpu (with amd gpu) and 6500mAh battery is best option.
                    F series users
                    6.0 - 6.5 inch display is better with Mediatek/Unisoc cpu with 5000mAh battery is best option.
                    S series users
                    6.0 - 6.8 inch display is better with snapdragon/mediatek/exynos cpu with 5500mAh battery is best option.

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                      • Anonymous
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                      • 01 Feb 2023

                      Anonymous, 31 Jan 2023Then if google refuses to make apps for this OS, samsung i... moreAnd if Samsung decides to leave android today, then Android is as good as Dead ❌

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                        • Anonymous
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                        • 01 Feb 2023

                        Anonymous, 31 Jan 2023Then if google refuses to make apps for this OS, samsung i... moreNot entirely true
                        As it stands right now Google actually worships Samsung cause if Samsung falls Google will be going with them so they might not have a choice if Samsung wants them to or maybe 🤔

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                          0odle-noodle, 31 Jan 2023Its shocking how their sales are still increasing after all... moreThe growth in their sales year on year has fallen. It will fall more this year and absolute sales number may also fall.

                            0odle-noodle, 31 Jan 2023when the s22 came out, buying the base model s21, or s21 pl... moreYou are making the assumption that the previous year flagships were still being readily available. In some markets, Samsung controlled their inentory quite tightly. When the S22 and S21FE were released, in some markets, you could hardly find the old S21 models on retailers. When a consumer goes into a Samsung store, the FE becomes a decent deal, considering you get flagship chip and flagship camera.

                              I had predicted this will happen because the way Samsung taking more profits by following "The Fruit Brand" step to remove charger on its sales packaging. Especially in mid entry level smartphone like A series.. People reacted so loud with this. Samsung fans and other people shock Samsung take Apple steps. And it turns out they picked another brands who still providing charger. Samsung is so greedy to make some profits and it turned out fail...

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                                AnonD-762416, 31 Jan 2023Turns out, consumers are smarter than the spam robots on in... moreLol

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                                  • 31 Jan 2023

                                  0odle-noodle, 31 Jan 2023Its shocking how their sales are still increasing after all... moreTurns out, consumers are smarter than the spam robots on internet comment sections and social media? Shocker?!

                                    Mmmma, 31 Jan 2023Samsung should develop its own os like apple Relaying on ... moreIt took a long time for all companies to release good apps for Google despite 80 percent market share. Samsung doing their own OS would be a really bad idea.

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                                      • 31 Jan 2023

                                      Easily replace Samsung?

                                      No.

                                      What about Knox as a business security platform? Consumers don't care or know about it. Large multinationals that purchase devices in the thousands do.

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                                        • Anonymous
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                                        • 31 Jan 2023

                                        Mmmma, 31 Jan 2023Samsung should develop its own os like apple Relaying on ... moreYou mean Tizen?