Samsung earnings guidance reveals increased sales but unimpressive profit in Q3 2024

08 October 2024
A delay from an unnamed customer hit the company's chip business.

Sort by:

Someone Else, 08 Oct 2024Did... you even read the article? "Samsung revealed... moreGlad you called him out on failed reading comprehension.

    Luke, 08 Oct 2024their prices are crazy high for what they offer. Currently ... moreEurope isn't the only market Samsung TVs are sold in. Micro-focus are we?!

      Anonymous, 08 Oct 2024Analysts are one of the worst scumbags on the planet, next ... moreWhat kind of garbage are you sputing. Analysts ARE the financial industry and apart of it since day one. I don't think you know what you're talking about.

        MadGermz, 08 Oct 2024Phone are becoming boring and people are keeping they phone... moreAgain this is no different than prior to the pandemic. 2-3yr life cycle is typical and has been for a decade now.

        This is why you don't see major design changes in 3 yrs from ei5her Apple or Samsung. Due to the costs it would cause. Their major global players with major shipments and thus incremental is the way to higher profits.

        Research & keep up ;)

          Galaxy S 24 Ultra, 08 Oct 2024Hope this becomes the new normal for all mobile makers as t... moreNot likely any major change than before. We've seen that shift during the pandemic ans it's already corrected itself early 2024. Previous qtr reports of sales and profits already confirm my assessment across the industry.

          Research & keep up.

            This boys & girls is what you call a PROPER Financial report not a 1 sentence garbage and unfounded blob from an influencer on social media who's paid o hate one a company, ahem IceUniverse!

            The unnamed customer for AI chips is NVidia as Samsung had to make adjustments for their new HMB RAM for their servers (NVIDIA) before approval.

              • ?
              • Anonymous
              • CbI
              • 08 Oct 2024

              If avoid exynoss chiips in India.. Will increase sure😀

                • ?
                • Anonymous
                • D3w
                • 08 Oct 2024

                Good work for Samsung company to gain big profit

                  • ?
                  • Anonymous
                  • 05b
                  • 08 Oct 2024

                  Luke, 08 Oct 2024their prices are crazy high for what they offer. Currently ... moreThey literally said both smartphone and display businesses are up "biggly". The "crisis" referred to was a "long" delay in a big order from an unnamed NPU producer. Intel and AMD both made big apologies last month for their slowness in catching up with Nvidia, so that is probably where the "problem" is.

                    >testing times for the company

                    lol, they say this as the margins are insanely high compared to last year. Low value hardware with high pricing makes all the difference it seems.

                      • ?
                      • Anonymous
                      • n2f
                      • 08 Oct 2024

                      MadGermz, 08 Oct 2024Phone are becoming boring and people are keeping they phone... morethey have been boring for a long time and will not become so now or in the future...

                        • ?
                        • Anonymous
                        • n2f
                        • 08 Oct 2024

                        Anonymous, 08 Oct 2024Analysts are one of the worst scumbags on the planet, next ... moreit is not for nothing that the word analyst has strong similarities to the word anal... ;-)

                          I contributed to their earnings this year by buying the Samsung Galaxy S24+ in January haha

                            Galaxy S 24 Ultra, 08 Oct 2024Hope this becomes the new normal for all mobile makers as t... moreDid... you even read the article?

                            "Samsung revealed that earnings in the mobile division improved from the preceding quarter, which is the period that saw the launch of Galaxy Z Fold6 and Galaxy Z Flip6 foldables."

                            This is exactly the opposite of what you're hoping for.

                              • L
                              • Luke
                              • AZd
                              • 08 Oct 2024

                              their prices are crazy high for what they offer. Currently their "sales" are heavilly subsidized phones with mobile contracts. Basically for free
                              Their TV business is bad in Europe due to heavy commercials in the devices...

                              in short - no surprise

                                • ?
                                • Anonymous
                                • n2f
                                • 08 Oct 2024

                                Analysts are one of the worst scumbags on the planet, next to so-called economists and all the scumbags who parasitise in the financial world... good night and happy extinction...

                                  Phone are becoming boring and people are keeping they phones longer now and not upgrading every year to the latest devices, even I myself goes for the cheaper phones nowadays, because I use to buy 1000 dollar phones, which sometimes for the money ain't worth it

                                    Hope this becomes the new normal for all mobile makers as they keep pumping incremental upgrades while trying to charge as luxury level products. People will start going after the low end varients.

                                      1 of 1