Samsung's CFO says the financial outcome for Q2 is not good, Galaxy S5 and mid-to-low range phones to blame?
posted by Peter K. / Jun 26, 2014, 5:49 AM
Despite the numerous reports that the Samsung Galaxy S5 is selling pretty well both at home and in the US, the fierce competition from the likes of Sony, HTC, and LG has allegedly already undercut the sales of the latest Galaxy, thus decreasing Samsung's income. Additionally, KTB Investment & Securities, a Korean financial institution, blamed the company's expected not-so-great financial outcome mostly on weak demand for its low-end and mid-range devices.
It is predicted that Samsung might report year-over-year drop of its operating profits of roughly 16% and a general decrease of shipments by 12.5% - from 88 million to about 77 million units. These expectations already stray away from initial expert predictions that Samsung will ship more than 90 million units during Q2.
Samsung already experienced a slight loss of global market share during the first quarter of the year. The manufacturer's due to release its financial report for the financial Q2 of 2014 sometime in the beginning of July.
source: The Wall Street Journal, Electronista via Pocket-lint
Samsung Galaxy S5 OS: Android 6.0 Marshmallow, 5.1 Lollipop, 5.0 Lollipop, 4.4.4, 4.4.2 View Full specs
- Display 5.1" 1080 x 1920 pixels
- Camera 16 MP / 2.1 MP front
- Processor Qualcomm Snapdragon 801, Quad-core, 2500 MHz
- Storage 32 GB + microSDXC
- Battery 2800 mAh(21h 3G talk time)
Posts: 1436; Member since: Jul 11, 2008
Uh oh. Is this the start of a trend?
posted on Jun 26, 2014, 5:53 AM 12
Posts: 3718; Member since: Nov 03, 2012
They need to change the design anyhow and somewhat prices too.
posted on Jun 26, 2014, 6:48 AM 7
Posts: 600; Member since: Apr 25, 2014
prices of mid/low end phone are wrong, and somewhat not attractive too, they like mini-mes of S line, but retarded. there are local brand that are better and good looking and good speced, low/mid phones, like here in Philippines, Cherry Mobile, Myphone, Star Mobile, and some Chinese phones are taking over with their nice features. in my own perspective, samsung focused on competing iPhone, that they forgot the low/mid end phones... Sony and huawei is killing it in here, they have beautiful mid-ranged phones, and LG too, with their L series... and Myphone or what they call "Filipino Phone" one of the affordable android phone you can buy,. you can browse internet, watch YouTube, play games and watch even tv, or listen to radio.. for just $50 :)
posted on Jun 26, 2014, 7:54 AM 9
Posts: 1001; Member since: May 29, 2014
I propose samsung to simplified the model line up and use German way of model number (mercedes benz and BMW). Ex. Galaxy S - highest spec Galaxy E - medium spec Galaxy C - Low spec Galaxy A - Lowest spec phone... Galaxy S mini, Galaxy S, Galaxy S maxi (same spec, different screen size) Galaxy E mini, Galaxy E, Galaxy E maxi (same spec, different screen size) Galaxy C mini, Galaxy C, Galaxy C maxi (same spec, different screen size) Galaxy A mini, Galaxy A, Galaxy A maxi (same spec, different screen size)
posted on Jun 26, 2014, 8:16 AM 4
Posts: 278; Member since: Apr 14, 2014
noobs-haters got their way samsung made isocell, improved amoled, on of best battery life and speed, wateproof. others did nothing, except that the speakers for kids, gimmick qhd, which only harm.
posted on Jun 26, 2014, 8:25 AM 1
Posts: 278; Member since: Apr 14, 2014
On the contrary worsened, htc removed OIS, Sony made the screen red and distorting oversaturated colors, and worsened the sound in the headphones, LG made qhd and twisted sharpness because of what the image will halo.
posted on Jun 26, 2014, 8:34 AM 2
your the noob here we samsung fans wanted and they even said a new type of finish and look to the phone and it was crap all, just the worst ever, iso nice, amoled ok good battery ok speed +/- water resistant not proof, no wireless charge gimmick hr monitor, no front speakers big hurt because the s5 speakers loud but sucks. i wont leave my gs3 untill better look and spec my gs3 has 2 gb ram so does the 5 the note has 3gb ram
posted on Jun 26, 2014, 11:53 AM 1
Posts: 3276; Member since: Nov 15, 2013
their ugly design is killing them... beastly spec'd enclosed in unattrative shell... there are many customers who never bother to understand the specs, they just look at the design and become fan. For example, why such a low spec'd apple is so popular? bcoz apple know most products are sold on its percieved value not on real value... so apple always try to bring something which appeal to our eyes, bcoz we can see better than what we can read... once we become fan then we create self justification by ourself to justify our choice... this is what keeping apple's customers and business intact... seeing is believing... beside that mid range and low range of samsung are not decently spec'd like chinese competitors... I have seen the price of samsung's mid end and low end are so high that you can find something else decently spec'd in same price
posted on Jun 27, 2014, 7:28 AM 1
Their flagships are great but their mid/low rangers are crap nowadays. And also the design.
posted on Jun 26, 2014, 5:57 AM 7
Posts: 353; Member since: Mar 06, 2013
galaxy s5's design is more ugly than mid/low devices
posted on Jun 26, 2014, 6:09 AM 14
Posts: 295; Member since: Feb 04, 2013
In my country at the time of launch s5 was priced at $833. Now it is selling at $600...!! The price cut was due to low sales. But samsung officials said it wasnt true. Well now i guess that it was actually true..
posted on Jun 26, 2014, 5:59 AM 5
Posts: 143; Member since: Apr 23, 2014
Why would anyone pay $833 for a freakin phone??? I can get a 60 in flat screen TV for $600!!
posted on Jun 26, 2014, 7:49 AM 3
Posts: 30969; Member since: Feb 05, 2011
Simply put, just as with apple and the iPhone, it's time for Samsung to revamp the galaxy. Absolute great device line, but the looks are bland, although pretty, and the features are nice but not a huge leap. Not much of a jump, between s4 to s5. Apple and Samsung are in very good shape, but we all know, both could blow the kid off, if the really wanted too.
posted on Jun 26, 2014, 6:01 AM 6
Posts: 3689; Member since: Feb 14, 2014
Agreed. They make S devices to compete with iPhones, so they must make their designs attractive. Also the touchwiz ugliness and bloat vs. iOS elegance and smooth performance should be solved. +1
posted on Jun 26, 2014, 6:51 AM 6
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