Samsung’s earlier prediction for the second quarter of 2015 was spot on: the company has failed to hit its goals when it comes to the sales of its flagship devices. Its operating profits fell four percent to 6.9 trillion won ($5.9 billion), and the mobile division’s, in particular, slid to 2.76 trillion won ($2.4 billion) from 4.42 trillion won ($3.8 billion) from the same quarter last year. While those profit numbers are still three percent higher than the last, it’s going to be tough to play catch up this second half of 2015, as Apple’s slated to reveal its new iPhones — its main rival in the world of high-end smartphones. In order to combat the expected sales drop, Samsung is “adjusting” (read: dropping) the prices of both the Galaxy S6 and the S6 Edge. It’s already planning to introduce new premium smartphones: the company has already teased an event for August 13th, where it’s likely to introduce a new Galaxy Note and a larger S6 Edge.
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Read full post here:
https://www.engadget.com/2015/07/29/samsung-earnings-q2-2015/
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Read full post here:
https://www.engadget.com/2015/07/29/samsung-earnings-q2-2015/
