Samsung is also getting fined for RAM price fixing. As are SK Hynix and a bunch other companies that produce components for companies such as Apple and individual units for resale. Also doesn't help that SSD tech is getting cheaper and they can't exactly surge the price.
this will be fun and interesting to read the comments from those highly critical of Apple and Tim Cook the other week. Let the spin begin.
Original content, with a global delivery infrastructure, to include physical locations (stores) in most major cities that they could perhaps leverage for free advertising by having viewing parties? It's touch to bet against Apple, especially with the money in the bank they have and the relationships they already have with the movie, TV, and music industries.I sold my Apple stock already, but yes. Cook is pushing ecosystem sales as the new growth platform, but can it get to 60bn a year?
Of course it is, he personally stopped buying Samsung memory chips because of weak sakes.I guess this is Tim Cook’s fault as well, according to some. Reality is smartphones have hit market saturation and either need to be reinvented or fade away in favor of something better (whatever that is).
Nowhere in the article is anything like that mentioned.
At least Samasung didn’t deceive their investors by boasting a guidence report that was clearly false only to end up with egg on their face
I know a regional Samsung guy and they are high double digit down in sales in tablets in retail stores. Flat on phones. Down on watches. Flat on appliances and TVs.
Correct.So I guess Samsung is doomed along with Apple, right?
... right?
this will be fun and interesting to read the comments from those highly critical of Apple and Tim Cook the other week. Let the spin begin.
Wearables.
this will be fun and interesting to read the comments from those highly critical of Apple and Tim Cook the other week. Let the spin begin.
Apple doesn’t use Samsung memory chips so idk where you’re getting that from...
Apple doesn’t use samesing memoryOf course it is, he personally stopped buying Samsung memory chips because of weak sakes.
If Apple sold no iPhones, they would still be the most profitable PC manufacturer. And iTunes would still sell the most digital music. So, no?Unlike Apple, Samsung makes ships and many other products, they are highly diversified. Even if the whole smartphone market completely crashed, they will still be around. Apple on the other hand is completely depended on iphone and other itoys.
Nowhere in the article is anything like that mentioned.
Apple doesn’t use Samsung memory chips so idk where you’re getting that from...
Apple doesn’t use samesing memory
Samsung is the chief provider of the OLED panels though, so give all the snark you like, but the two companies are inexorably intertwined.
It doesn’t really matter what was or wasn’t explicitly mentioned TBH. The point being, if iPhone sales are down, Sammy’s profits will be as well.Except Samsung explicitly cited a decline in memory chip demand as an explanation for the miss; they said absolutely nothing about display panels, OLED or otherwise.
as the article points out, much of this is due to Apple's lower demand for iPhones.
Nowhere in the article is anything like that mentioned.
Apple doesn’t use Samsung memory chips so idk where you’re getting that from...
Reality is all smartphone companies except native Chinese will have problems in the next few quarters, not just the next one.
According to Oracle, which had every reason to inflate the numbers, Google makes something like $3B a year from Android and that's not because they sell the OS but because they own the advertising and app sales channels. A tidy little business to be sure, but compare that to Apple's numbers.The only real winner here is google because it still has control of the Android OS.
I'm not sure what you're basing that on, but if it were true as a rule wouldn't it make more sense for Samsung to promote rather than compete with iPhone?It doesn’t really matter what was or wasn’t explicitly mentioned TBH. The point being, if iPhone sales are down, Sammy’s profits will be as well.
NDA’s with suppliers are SOP.The article was written yesterday and updated 4 hours ago as of my post, so I'm not sure exactly what it looked like when others read it. That said, Samsung made it clear that they see the problem as being about chip sales, and memory chips in particular into 2019. Reuters added some additional commentary that tried to tie it to Apple (despite other evidence to the contrary) and
Samsung: profits declined due to weak chip demand
Samsung: chip demand driven by data centers
Samsung: unspecified "macro uncertainty"
Samsung: stagnant and competitive smartphone market pressuring revenue
Reuters: data center demand mostly from US
Reuters: Samsung smartphone market share in China is less than 1%
Reuters: chips are 75% of Samsung's profit
Reuters: Samsung chips power Apple and Huawei handsets
Some guy from Hyundai: iPhones not selling well drags down chip prices
iFixit: Samsung RAM/Flash chips aren't used in the iPhone 8, X, XS, or XR
Try as people might, this hardly seems like an Apple story at all. If this has anything to do with Apple, it's that the last iPhones (7 series) using Samsung memory are almost completely phased out-- but that's got to be a trivial impact on the quarter.
The story is a slowing demand for memory chips and with a sidebar that the smartphone market appears to have plateaued for both Apple and Samsung.
According to Oracle, which had every reason to inflate the numbers, Google makes something like $3B a year from Android and that's not because they sell the OS but because they own the advertising and app sales channels. A tidy little business to be sure, but compare that to Apple's numbers.
Personally I think it's a matter of time before Samsung gets tired of competing with the Google Pixel in their most profitable market segment and forks Android for themselves.
I'm not sure what you're basing that on, but if it were true as a rule wouldn't it make more sense for Samsung to promote rather than compete with iPhone?
Isn't that what your comment suggests? If declining iPhone sales is causing declining Samsung profits, then Samsung should stop targeting negative ads at their profit maker...Samsung promote Apple?
Let me explain this with an example.Isn't that what your comment suggests? If declining iPhone sales is causing declining Samsung profits, then Samsung should stop targeting negative ads at their profit maker...
Ok, that was my point. Selling less iPhones only means less profit for Samsung if they aren't replacing those sales with Galaxies or even with Huawei's which buy the same memory.Let me explain this with an example.
If I make and sell a widget and profit $10 from it, but I also make parts for widgets, and sell them to you for $3, then I make money in both instances, but I’d still rather customers buy my widgets.
Samsung Group is a massive conglomerate, and I can't find much in the way of a consolidated account, but best I can tell by looking at the biggest components (Samsung Electronics, Engineering,Heavy Industries, C&T, Insurance, etc) Samsung Electronics accounts for about 90% of the profit and that's the company that this thread is about.Unlike Apple, Samsung makes ships and many other products, they are highly diversified. Even if the whole smartphone market completely crashed, they will still be around. Apple on the other hand is completely depended on iphone and other itoys.