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Samsung Reports Highest Profit in Two Years on Robust Galaxy S7 Sales
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It's irritating how good Samsung phones are. I can't switch from iOS because I rely too much on its services so I can only look on with envious eyes.
Apple does as it needs Samsung products inside it's various machines to work.
Without Samsung Apple would be no where near where is is today.
Uh, Jay... did we read different articles?
The one I read said:Not really sure how you concluded the Galaxy line wasn't hugely profitable. Did you base this on something you read or was it just a guess? I mean, their profit was up 18% and they attributed that largely to sales of the S7 and Edge.
That bright spot you mentioned; the components? Wasn't that mentioned, along with the debut of the Note 7, in relation to future earnings?
Like you, I'm curious about that big buyer of OLEDs. Will be interesting to see what comes out of that scenario.
Freaks me out a bit to admit it, but yes. I'm not as reliant on services, but I am lazy in that I have my iOS devices set up perfectly for me and don't want to have to configure a whole set of new devices. Plus I do like the fact that iOS apps are sandboxed and given some scrutiny for "safety."
That said I don't think any Apple fan, or executive, can dismiss Samsung as in the recent past. It's just not credible anymore. And Samsung seems a bit more serious about it's smart home initiative too, something else that should worry Apple if it wants to be the hub of people's living rooms, as well as their pockets.
And with the iPhone 7 looking like a unappealing placeholder until Apple can get its act together for its top 2017 model, the Galaxy 7 just may hold the title as the most advanced phone on the planet and use it as an opportunity to steal less Apple service reliant users.
Samsungs hardware has increasingly progressed with their phones, but that still does not change how I feel about their software.
Do you realize the irony of your statement?
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Depends on which software you're talking about
Milk Music is actually really good.
S Note app is also great
And the thing that has kept me on a Samsung phone for personal use is the camera software which, I think, is the best out there.
Nice spin.
If your company posts quarter after quarter of record sales, then announcing that you've posted your best quarter in 2 years is a big deal.
Posting your best quarter in 2 years after 2 years of declines isn't.
If your company posts quarter after quarter of record sales, then announcing that you've posted your best quarter in 2 years is a big deal.
Posting your best quarter in 2 years after 2 years of declines isn't.
Samsung is the company Apple needs - strong competition.
The only thing I hate about Samsung phones is their bloatware, but their hardware is a thing of beauty (weather-proof on the S7 and a stylus that's actually useful on the Note series).
The only thing I hate about Samsung phones is their bloatware, but their hardware is a thing of beauty (weather-proof on the S7 and a stylus that's actually useful on the Note series).
I tried an Android phone for about a month -- I had lost my iphone and decided to try something different. As an true fanboy, that says something. After a month I went back to the iphone. The main problem is that I could not get used to Android and frankly found it inferior -- that was kitkat, so things have changed I am sure. Samsung is really doing well because they continue to pursue Apple by being Apple-like. they even name their products as close as possible. Bully for them because it works and as long as they can stay ahead of the law, you can't blame them. But you will also notice that ASP and margins are lower than Apple's. Could Apple compete by lowering prices? Yes, absolutely. Would that be a positive long term strategy? No way.
Apple should continue to focus on making the OS, the app store and the integration across the ecosystem the best in the business. This is where Apple shines I believe. From a hardware perspective, it will be hard to stay ahead, but they at least need to stay on par with the added Apple touches. The screen is definitely falling behind and that is important. Otherwise, I do not see anywhere where Apple is doing poorly from a hardware perspective.
Congrats to Samsung (mostly for getting away with successfully skirting the law and totally copying Apple and basically hurting them in their own game).
Apple should continue to focus on making the OS, the app store and the integration across the ecosystem the best in the business. This is where Apple shines I believe. From a hardware perspective, it will be hard to stay ahead, but they at least need to stay on par with the added Apple touches. The screen is definitely falling behind and that is important. Otherwise, I do not see anywhere where Apple is doing poorly from a hardware perspective.
Congrats to Samsung (mostly for getting away with successfully skirting the law and totally copying Apple and basically hurting them in their own game).
From all the reviews, Samsung made an excellent phone, and they were rewarded. This used to be what Apple understood. Make the best product you can make, and profits will follow.
It's not a fair comparison. Samsung and most other Android manufacturers just launched new models in the Spring. Of course there will be an uptick in sales following a launch. Apple's annual launch cycle is in the fall.
So make the comparison more apt, how about comparing the quarters immediately following a launch. So compare Apple's Q4 with Samsung's Q2.
So make the comparison more apt, how about comparing the quarters immediately following a launch. So compare Apple's Q4 with Samsung's Q2.
I'm thorough confused. What does this mean?
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What? This isn't a comparison. It's a recap of the company's most recent quarter. Something that's done every quarter. What would your comparison achieve? An Apple is winning meme? We all know Apple makes the most profit. Do you need to see it every time some other company has a good quarter?
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Not quite. There was an article floating around earlier that showed the S7 outselling the 6S in the US. However, they were comparing the launch sales of the S7 to sales of the 9 month old 6S. If you want to be fair you should compare the launch sales for both devices. Just more spin by Samsung loyalists to try and hide the fact that Apple completely crushes them in smartphone sales (high end devices).
Hmm.
Samsung has not named their products similarly to Apple. If you are referring to the fact that iPhone is called "6S" and Galaxy is called "S6", this wikipedia article may enlighten you a bit: https://en.wikipedia.org/wiki/Samsung_Galaxy#Samsung_Galaxy_S
The S product name was around since 2010 and they've just been incrementing the number once a year. It just so happens that the iPhone, which has been on the # to #S (i.e., 4 to 4S, 5 to 5S, etc) naming convention coincidentally come together for the past 1-2 years.
If the current naming pattern of the two different companies holds through next year, we will see iPhone 7s next year and Galaxy S8 next year.
Samsung has the S6 and S7 versus the iphone 6s and soon to be 7. Seems pretty close to me in terms of product naming.
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The idea of yearly incrementing the number was started by the iphone before the Samsung Galaxy S series came out. Given Samsung's history, I would not be surprised if the idea was taken from Apple (not that there is anything wrong with that, but simply speaks to Samsung trying to be Apple like in many ways).
Isn't that pretty much what I said? To compare the quarters that begin with launch sales for devices, rather than comparing one's launch quarter to another's stale quarter?
My comparison would compare sales of devices during the quarters in which they launched. Wouldn't you want to compare quarters that contain sales of products at a comparable point in the product lifecycle? I don't see any value in comparing the launch quarter of one company to another company's pre-launch quarter, comparing sales of a brand new product to the sales of an old product.
Cuban.... come on brother. It's a simple number progression. Samsung Galaxy S, S2, S3, S4... you see where I'm going here. I'm going to step out on a limb as say their next phones will be S8, S9, and S10.
What you think you see is purely coincidence. One that you see will disappear if Apple continues their naming convention. The iP7 will match the S8 equivalent. The iP7S will match the S9 equivalent. The iP8 will match the S10... and so on.
While Samsung is improving on the hardware side, the user experience still suffers as they are not strong on software. The same issues from before still exist today. Software updates are still few and far in between. The UI is not consistent across the OS. Android is still fragmented as ever so some apps will work, others will not.
Apple has nothing to fear from Samsung and ultimately the sales numbers will reflect that in the future. It's all one big cycle.
I thought you were talking about revenues since sales numbers for phones aren't actually in this article.
You still didn't answer my question. What do you achieve by making that comparison? You seem to be ignoring the fact that these are quarterly reports for investors. They are not "whose winning" reports for product fans. Again, what's achieved by your comparison?