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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 t-3 on Friday July 31 2015, @12:18PM
I agree 100% and would also add: Put both hold and volume on the right hand side of the phone and stop putting the microusb port in the bottom of the phone, put it on the top or side and with a sliding cover (I had a WP7 phone just like this and it was amazing, and WP7 was an excellent social-device OS, it just lacked the apps and games which I don't use anyways. WP8 is nearly identical in many ways, but somehow ended up less capable and less user friendly).