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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Its shocking how their sales are still increasing after all of the garbage they've been pulling. Especially with everything they've taken away, the numbers they use as a selling point that don't at all improve the user experience (sometimes even make it worse) and their absolutely atrocious customer support. these reasons are why I switched to a pixel, and are the reasons why I'm urging my family & friends to do the same as they're experiencing the same issues.

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    • Anonymous
    • LkB
    • 31 Jan 2023

    Daemon Targaryen, 31 Jan 2023I'm aware so many people on this site trash Samsung an... moreBest ecossystem?

    You can easily replace samsung products withiut issue.
    This is not like apple that products work well with iphone only.

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      • Anonymous
      • LkB
      • 31 Jan 2023

      Mmmma, 31 Jan 2023Samsung should develop its own os like apple Relaying on ... moreThen if google refuses to make apps for this OS, samsung is f***** like microsoft ..

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        • Mmmma
        • XxP
        • 31 Jan 2023

        Samsung should develop its own os like apple
        Relaying on Google is foolish

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          • AHE
          • RrK
          • 31 Jan 2023

          Daemon Targaryen, 31 Jan 2023I'm aware so many people on this site trash Samsung an... moreI concur.

          As a whole, Samsung failing is one of the worst things that could happen to Android.

          However, if you've been following Samsung, you'll see a drop in year-on-year growth rates. They peaked in 2018, with respects to their mobile division, and have been trying to make up for it ever since. Likely one of the key reasons they began trying to grow new revenue streams (e.g., Foldables) and omitting notable features.

          In the coming years, before 2027, you'll likely see them fall into the bottom five of mobile manufacturers. India and Chinese brands were originally happy with their table scraps. Now they want the whole damn table.

            I'm aware so many people on this site trash Samsung and Apple. They call Samsung: Scamsung or whatever. But I'm actually rooting for Samsung to succeed mainly because I believe they're still the best Android OEM with the best ecosystem.

            I would look at the Chinese OEMs and what always holds them back is software. I just prefer One UI over MIUI or any other Chinese skin/spyware. I hear awful experiences with ColorOS. This is why I probably would choose a Z Fold over an Oppo Find N even though I prefer the latter's form factor. I know the software experience will be much worse on the Oppo.

            Samsung has got the ecosystem on lock. Chinese OEMs don't software support as long. If it breaks, you're pretty much stuck with it or won't find many reputable third-party repair shops to fix it. The only alternative for me here in the USA would be Pixels but I hate Tensor, terrible resale value, and there are always some random hardware issue.

            I could be staying with Samsung for a very long time if I want the best Android experience in both software, hardware, and aftermarket experience. Pixels don't have a feature that stops charging at 85%. One UI has many more solid all-around features than if Android was closer to stock. Add Samsung's better expertise in hardware.

              If they stop flooding market with 1000 versions of every A series phone they would be way better...

                potato4k, 31 Jan 2023S21 FE was released in early 2022 alongside the S22 lineup.... morewhen the s22 came out, buying the base model s21, or s21 plus was way better than the s21 FE. You got the same, if not better specs, and it was cheaper. the FE series was awful, and not worth 700$

                  0odle-noodle, 31 Jan 2023The s22FE isnt coming. It wouldve already been released by ... moreS21 FE was released in early 2022 alongside the S22 lineup. It fits perfectly well as the lowest S model for the new year.

                  Considering Samsung cancels the A74, there will be a huge gap between the A54 and the base S23 without an S22 FE. So I'm still hoping it will be made.

                    potato4k, 31 Jan 2023Majority of people in western markets don't pay phones... moreOh shoot, sometimes i forget that people buy phones via contracts 💀
                    Yes, that totally makes sense.

                      The s22FE isnt coming. It wouldve already been released by now, and there hasnt been any leaks of it.

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                        • Anonymous
                        • s8e
                        • 31 Jan 2023

                        potato4k, 31 Jan 2023I hope we will still see an S22 FE to be the in-between the... moreRumor has it that the S22 is cancelled. Samsung will instead target the foldables segment

                          UltraHD, 31 Jan 2023They increased prices in Europe thinking they'll get m... moreOk then, give me a reason to get the S22 over the S23 then when it releases end of February, Start of March. Both reference price to exclude possible variability in discount timings.

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                            • Anonymous
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                            • 31 Jan 2023

                            Anonymous , 31 Jan 2023Revenue is Gross, Profit is NetOperating profit is not net profit

                              Dear Samsung, Please provide charger with phone..

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                                • Anonymous
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                                • 31 Jan 2023

                                potato4k, 31 Jan 2023Wait huh? Making them cheaper doesn't increase profits... moreWow, an internet expert is advising Samsung. Why aren't you the CFO of Samsung?

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                                  • Anonymous
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                                  • 31 Jan 2023

                                  Anonymous, 31 Jan 2023Revenue is total cash/income from sales. Revenue - Costs ... moreRevenue is Gross, Profit is Net

                                    potato4k, 31 Jan 2023I hope we will still see an S22 FE to be the in-between the... moreRumors S22FE has been cancelled, and A74 too, i dont know what they thinking to leave that gape.

                                      Hemedans, 31 Jan 2023Only A5x value Decreased, A33 had nice upgrade over A32 5g,... moreI hope we will still see an S22 FE to be the in-between the A54 and the base S23.

                                        potato4k, 31 Jan 2023Majority of people in western markets don't pay phones... moreIndeed. And not only that, some countries have carriers with ridiculous promos and discounts. For example, my Z Fold 4 was sold for virtually half the SRP during the pre-order fortnight. And that's without trade-in discounts too.

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