Samsung shares fall again to a nine-month low on diminished earnings outlook

Samsung shares fall again to a nine-month low on diminished earnings outlook
Samsung's shares have fallen on hard times ever since word on the grapevine leaked by analysts and Korean publications that the company has reduced the parts orders with suppliers for the flagship Galaxy S4. Samsung lost about $12 billion in market cap during the process, and now it has taken a beating again.

On Wednesday during regular trading hours on the Korean stock exchange, shares of Samsung Electronics fell another 3 percent, dropping to a nine month low, on rumors that it is going to report diminishing earnings for the April-June period, compared with the analysts' predictions. 

The shares have been falling for a sixth consecutive session, despite Samsung rocking announcement many new products in the last few weeks - most of the bread-and-butter new mobile devices were niche versions of the Galaxy S4 like the Zoom or Active, while the big innovations came with Wintel products like the ATIV Q convertible, rather than in mobile, where Samsung's margins are much higher.

source: Reuters

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62 Comments

1. _Bone_

Posts: 2155; Member since: Oct 29, 2012

And why do we fall, Bruce?

30. tech2

Posts: 3487; Member since: Oct 26, 2012

So that we can learn to pick ourselves up ! *goosebumps

40. juanyunis

Posts: 73; Member since: Aug 31, 2012

Good quote.

48. Commentator

Posts: 3722; Member since: Aug 16, 2011

So we can die in a pool of our own blood outside an opera-house with our helpless child crying over our lifeless corpse.

2. ihatesmartphone unregistered

Just release note 3 now, or your share will go DOWN!!

8. abcdefgh

Posts: 471; Member since: Mar 29, 2013

they will release note3 in q4.releasing now could create more problems

18. ihatesmartphone unregistered

Actually, I can't wait to upgrade my phone.. Lol XD

29. pyradark

Posts: 895; Member since: Jun 10, 2012

sorry dude, everyone is still happy with S3 and Note 2. people will either shift to premium product like sony or htc. bye bye sammy

11. Potato.

Posts: 607; Member since: Jun 14, 2013

They are repeating the mistakes of HTC..

13. WHoyton1

Posts: 1635; Member since: Feb 21, 2013

What mistakes would that be? Samsung shares will rocket back up either when the note 3 comes out or when design 3.0 comes....

17. Potato.

Posts: 607; Member since: Jun 14, 2013

They have released more than 5 variants of GS4.. Thats what HTC had done with their One X. One X, One X+, One XL.. Note 3 will succeed for sure.

22. WHoyton1

Posts: 1635; Member since: Feb 21, 2013

Yeh I too think note will succeed and I see what you mean about the HTC one ......I-i agree with you......

41. Potato.

Posts: 607; Member since: Jun 14, 2013

This is the first that you are agreed with me. Peace. Regards, Potato.

36. jbreault

Posts: 36; Member since: Mar 04, 2012

they making to meany thing and not all of them are making money. they have there hands in to ever thing they need to cute back on the stuff not any money so your so right HTC had to meany phones not making money

54. Googler

Posts: 813; Member since: Jun 10, 2013

One of HTC's mistakes was not following up great phones with great phones. EVO was outstanding, EVO 3D fail, EVO Shift fail, EVO Design?.

3. mayur007

Posts: 593; Member since: Apr 10, 2012

i think its the best time for other companies to launch high end phones.. and samsung to launch thr new phones ... now samsung will learn to change old desing to new , better and quality material product

12. abcdefgh

Posts: 471; Member since: Mar 29, 2013

wait.did u just ask sammy to release new phones?dafuq are you saying? they release new phones every week no matter what.

45. Potato.

Posts: 607; Member since: Jun 14, 2013

Really.

58. mayur007

Posts: 593; Member since: Apr 10, 2012

Lol yeahh but I meant for high end phones .

4. sri_tech

Posts: 188; Member since: May 21, 2013

Margins on high end PC's like ATIV Q also will be high. But the problem is they wont sell as many of those products like Smartphones.

5. istitch

Posts: 181; Member since: Mar 19, 2013

unless the note 3 is a major breakthrough, or else samsung is gonna have a hard time while OEMs like HTC, sony and LG are emerging.

9. _Bone_

Posts: 2155; Member since: Oct 29, 2012

Samsung sold 31% more smartphones in the first quarter over last year just in Europe, so what hard times are coming exactly? The Ativ like-up looks spectacular with Q-like solutions having epic potential, the Note III and Androir DSLR are hotly anticipated, Tizen phones are coming and then next year flexible displays will change everything, guess who's leading that race.

16. WHoyton1

Posts: 1635; Member since: Feb 21, 2013

Well said bone completely agree with you, Samsung are too big to fall that quickly besides Samsung always has something up their sleeve!

32. pyradark

Posts: 895; Member since: Jun 10, 2012

hmmmm ill pass to their sleeve after the dissapointing S4

37. istitch

Posts: 181; Member since: Mar 19, 2013

It will fall, it's just matter of time, and how fast it falls.

34. MachidoDen

Posts: 202; Member since: May 30, 2013

A single brand can't compete in every product No matter they come up with laptops Interchangable android cameras Flexible displays Samsung will come down now Nothing is permanent Why all this news coming out suddenly?? Why all this didnt happen in 2011 or 2012 Why now?? Something is changing

61. haseebzahid

Posts: 1853; Member since: Feb 22, 2012

dont forget they might have pipelined 200% increased production but sales maybe only 31% increase just some example i gave here so in that case its obviously a big lose, if you watch nokia currect strategy they are limiting their production as per demand , while samsung is spaming their devices that dont even have the fame of SGS4 like other ZOOM or midrange phones if i am not wrong they only got 2 lines that are key saling product SGS1,2,3,4.... and Note1,2,... rest is crap or not even competetive

6. abcdefgh

Posts: 471; Member since: Mar 29, 2013

well,this is what you get when you use s4 branding on stupid phones(except s4active) now to regain share value,bring design 3.0 ASAP

7. FlushGordon unregistered

The high-end market is now diluted due to the onslaught of cheaper sub $200 Android phones, the gap between high end Qualcom and entry level quad core Mediatek phones is too close now in terms of features vs price difference! And this didnt exist a year ago!....I think the trend will still continue ..regardless as to whether the NOTE 3 will present some killer features or not Apple isn't exempted either.

10. Potato.

Posts: 607; Member since: Jun 14, 2013

The fall of the GIANT!

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