Samsung Q2 earnings fail to meet analyst's expectations

Samsung Q2 earnings fail to meet analyst's expectations
Samsung reported its second quarter earnings on Tuesday morning, and the numbers failed to meet analysts' expectations. For the three months ended in June, the manufacturer of the Samsung Galaxy S5 reported sales of 52 trillion won ($51.4 billion USD) and reported operating profits of 7.2 trillion won ($7.1 billion USD). Not only were the Q2 results lower than the previous year's figures, they were also lower than the first quarter's numbers as well.

Samsung also said that tablet sales in the period, "were sluggish due to a longer replacement cycle than that of smartphones, which is usually between two to three years." In addition, Sammy said that sales of 5 to 6 inch smartphones helped quash some of the demand for 7 to 8 inch tablets.

Samsung did say that it expects the third quarter to show an improvement thanks to "the coming release of its new smartphone lineup," a comment that most likely relates to the expected (but unannounced) Samsung Galaxy F and the Samsung Galaxy Note 4. The company also said that it doesn't expect to lay out that much scratch for marketing in the quarter.

source: Recode via MobileSyrup

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47 Comments

1. 1113douglas

Posts: 200; Member since: Jul 04, 2013

i have a gs4 on Verizon and my contract is not up yet, if i wanted to upgrade to a note 4 and i buy it in full can i just move the sim card from my gs4 to my note 4 after all they should have the same microsim card. But do i have to pay to unlock the sim of the gs4 first? Please help

9. Finalflash

Posts: 4063; Member since: Jul 23, 2013

No, you don't have to pay to unlock the sim, as long as you are still on verizon, you should be able to move the sim and it will work. Also, they might move to a nano sim seeing as how that seems to be the direction the industry is going.

42. 1113douglas

Posts: 200; Member since: Jul 04, 2013

great thanks for the help. Then does the contract extend another 2 years or do i still get an upgrade when my gs4 contract is up?

25. engineer-1701d unregistered

my contact is out as of 3 days ago my gs3 will hold me over until Sammy makes something better then the ugly s5 the CEO has no idea what he was saying on stage the people want simple things. No we want better looking with better tech

2. Busyboy unregistered

If the Galaxy F gets stereo speakers, 805 or above, even better camera, better build quality and better software I'll help out your profits lol

40. Ashoaib

Posts: 3291; Member since: Nov 15, 2013

you are saying those specs which will make me buy it day one after the launch.... I hope these specs will be there

3. Liveitup

Posts: 1798; Member since: Jan 07, 2014

But but it runs Android, the fail proof OS.

6. wilsong17 unregistered

What does this have to do with os mind less sh33p? Last time I check Android is 80 worldwide ..... window and apple need to catch up

8. nctx77

Posts: 2540; Member since: Sep 03, 2013

Highend buddy. Apple doesn't compete in the junk market.

10. willard12 unregistered

$197 to make buddy. They lead the junk market by a huge margin. The price people pay for a $197 device is a matter of their own naivete.

11. Ninetysix

Posts: 2964; Member since: Oct 08, 2012

Cheaper to produce = junk?

17. Vexify

Posts: 570; Member since: Jun 16, 2014

Yet you're still paying for your piece of junk lol.

18. JakeLee

Posts: 1021; Member since: Nov 02, 2013

Low manufacturing costs mean competency. I think you are working for around USD300 / month. According to you, your employer just has to pay enough for you to survive.

32. StraightEdgeNexus

Posts: 3689; Member since: Feb 14, 2014

Someone's butthurt about paying $800 for a $200 device LOL. i$h€€ps return.

14. nokia12

Posts: 610; Member since: Nov 19, 2013

yeah it does say hello to iphone 5c

29. StraightEdgeNexus

Posts: 3689; Member since: Feb 14, 2014

Loool.

44. TheGenius

Posts: 339; Member since: Mar 06, 2014

Actually apple competes ONLY in the junk market. They sell their products to people who have junk in their head.! :p

19. JakeLee

Posts: 1021; Member since: Nov 02, 2013

The VAST majority of the 80% are people who just needed a cheap, working phone. You techie wannabes simply cannot accept the fact that you are in such a minority. The truth is : the vendors including Apple don't care about this kind of minority like yours.

20. Liveitup

Posts: 1798; Member since: Jan 07, 2014

The point in making is that a lot of different circumstances dictates an OS market share. Many individuals here don't seem to notice that or they are simply trolling. Because Android has 80% that doesn't mean it got there because of quality as much it is flooding the market with devices. WP being at how many percentage worldwide is not a reflection of the quality of the OS, in many countries its digits are also much higher. The point in making is circumstances decisions by OEM's, a company execution of that product, promotion even things like world affairs can affect smartphone sales. The OS is just one part of the equation.

15. nokia12

Posts: 610; Member since: Nov 19, 2013

lol Liveitup weren't you the one saying "Show ME 1 post where i bash Android, i only praise Windows Phone " i think you have lost your mind after hearing this news http://www.phonearena.com/news/Could-Windows-Phone-9-support-Android-apps_id57925

24. Liveitup

Posts: 1798; Member since: Jan 07, 2014

Actually its the opposite, I was being sarcastic, the point I was making is that people should not be that quick to jump to conclusions the way the Android Android fanboy do. This is the problem with technology and I don't take this in the wrong way you are only looking at things from one point of view think beyond that look beneath the Surface if this news is true the only one who will truly be worried is Google, think about it. One of WP criticisms is the lack of apps no?. There is your solution , what it also does is shut up the "WP has no apps or games" I call them Google employees. It also puts added pressure on Google to bring its services to WP or risk looking more and more like the odd man out. The world is using Metro inspired Flat UI now, they are not as nice as Metro but they will do.

28. StraightEdgeNexus

Posts: 3689; Member since: Feb 14, 2014

Says the nokia fanboy with his favorite OS stuck at 5% marketshare.

34. nokia12

Posts: 610; Member since: Nov 19, 2013

Nokia fanboy - yes absolutely Favorite OS - WP ? hell no if it wasn't for that trojan Eflop Wp woudn't even be 5 % Nokia Lives on waiting to Rise in 2016

39. NokiaFTW

Posts: 2072; Member since: Oct 24, 2012

Says a brainless little troll trying to act mature on a tech site.

35. joey_sfb

Posts: 6794; Member since: Mar 29, 2012

Samsung profit is still at the level Microsoft WP can only dream off. How much does MS need to lose this first quarter in order to support wp8 3.8% MS has wise up and has move up windows 9 schedule to forth quarter this year. WP8 days are numbered. I look forward to windows 9. Sweet!

4. NokiaFTW

Posts: 2072; Member since: Oct 24, 2012

Samsung should improve the design of their phones and tablets, or they'll end up in a big problem.

5. nctx77

Posts: 2540; Member since: Sep 03, 2013

It's over Sammy!

7. wilsong17 unregistered

Lol how did you came with that conclusion. ... I work at a retail store and more everyday Samsung is selling more phone and tablet than any other manufacturers

16. Napalm_3nema

Posts: 2236; Member since: Jun 14, 2013

Uh-huh, except for the 800-lb gorilla in the room.

12. arenanew

Posts: 286; Member since: Dec 30, 2013

android os is totaally failed . now samsung have to come with new os called tizen or window os . becoz biggest problem in samsung phone is battery life becoz of poor google app so remove google app . then u get better result

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