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It seems that demand for the Galaxy S6 is not quite what Samsung expected after all.
In announcing its most recent quarterly earnings Wednesday, the Korean electronics giant warned that its handset division would likely face a difficult market environment and said it would be "adjusting" the price of its flagship Galaxy S6 and S6 Edge to "maintain" its sales momentum. The company also said it would release new high-end smartphones as well as middle- and low-end models.
The company declined to describe what the adjustment entails, but a person familiar with the company's plans said a price cut is planned for the smartphones. The news came as the company announced that its second-quarter sales in its IT and mobile division fell 8.4 percent, to 26.06 trillion won ($22 billion), with mobile in particular dropping 7.3 percent, to 25.5 trillion won.
Once the world's largest smartphone maker, Samsung has seen its fortunes dwindle as consumers opt for devices from its rivals, such as Apple. Formerly accounting for two-thirds of Samsung's operating profit, smartphone shipments have been providing a smaller part of company's profit in recent quarters, squeezed in emerging markets by low-cost handset vendors such as Xiaomi and Huawei.
Oh look, another competitor.
(Score: 2) by bootsy on Monday August 03 2015, @09:26AM
Amongst other places I hear it frequently from my wife's friends and mums who attend her toddlers group.
They don't want to buy a new phone every time the battery runs out and they are not generally on contracts that give you a new phone every 18 months. They end up with lots of photos on their phone and want to get them off easily. If they do change phone they want to transfer them over to the new device. MicroSD cards are great for this. Plugging an Android device into a random USB port doesn't always seem to work judging by the amount of requests I get to help someone get their photos.
Most of my tech friends and colleagues seem to use Apple with the odd Cyanogen modded generic Android phone chucked in.