Samsung hits record quarterly profits, likely briefly topping Apple ahead of 'iPhone 8'

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  • Reply 21 of 30
    calicali Posts: 3,494member
    avon b7 said:
    tmay said:
    avon b7 said:
    lkrupp said:
    This article makes a good case for Samsung's superiority. Perhaps we should all switch before it's too late. /s 
    You have to wonder why Apple centric blog sites keep publishing stuff like this. I guess they have large audiences of Apple naysayers who soak this tuff up as proof of their anti-Apple bias. And I guess the Apple supporters love to poke holes in these article's premises. Of course arguments almost always arise between supporters and naysayers resulting in large comment sections. 
    You may be right on some of those points but if we are honest, it's hard to poke holes in financials when they are 'best ever' and outlook is positive.
    Fair enough, but when some 70% of these profits are from component sales, one will have to look much closer at Samsung's mobile operation for signs of growth driven by the S8 and Note over the next quarter.
    Most definitely. This year end looks to be a hot one for handset sales. Apple might have three phones out, Samsung will add the Note 8, Xiaomi managed to chalk up a 70% increase in sales recently and will push harder. Huawei will have the Mate 10 and just released the Honor 9. Oppo, One Plus One, etc. Users will be spoilt for choice. 

    Something of note is that right now, in my part of the world, Apple is pushing the iPhone 6 32GB very hard, through third party retail stores for 379€. It's getting front page spreads on some retail sites and prominent placing at some tech department stores. 
    "Spoilt for choice" is a fu**ing illusion. 

    You have either iPhone or an iPhone knockoff.

    this isn't 2004 when you actually had a choice between several original phones and features.
    watto_cobra
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  • Reply 22 of 30
    dasanman69dasanman69 Posts: 13,002member
    icoco3 said:
    Are they saying that Samsung, at their best, is just edging out Apple at its slowest time?
    Compare them to everyone else. How are they doing? 
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  • Reply 23 of 30
    icoco3icoco3 Posts: 1,474member
    icoco3 said:
    Are they saying that Samsung, at their best, is just edging out Apple at its slowest time?
    Compare them to everyone else. How are they doing? 
    Don't know as that is beyond the scope of the article.  Feel free to extrapolate.
    watto_cobra
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  • Reply 24 of 30
    tmaytmay Posts: 6,465member
    avon b7 said:
    tmay said:
    avon b7 said:
    lkrupp said:
    This article makes a good case for Samsung's superiority. Perhaps we should all switch before it's too late. /s 
    You have to wonder why Apple centric blog sites keep publishing stuff like this. I guess they have large audiences of Apple naysayers who soak this tuff up as proof of their anti-Apple bias. And I guess the Apple supporters love to poke holes in these article's premises. Of course arguments almost always arise between supporters and naysayers resulting in large comment sections. 
    You may be right on some of those points but if we are honest, it's hard to poke holes in financials when they are 'best ever' and outlook is positive.
    Fair enough, but when some 70% of these profits are from component sales, one will have to look much closer at Samsung's mobile operation for signs of growth driven by the S8 and Note over the next quarter.
    Most definitely. This year end looks to be a hot one for handset sales. Apple might have three phones out, Samsung will add the Note 8, Xiaomi managed to chalk up a 70% increase in sales recently and will push harder. Huawei will have the Mate 10 and just released the Honor 9. Oppo, One Plus One, etc. Users will be spoilt for choice. 

    Something of note is that right now, in my part of the world, Apple is pushing the iPhone 6 32GB very hard, through third party retail stores for 379€. It's getting front page spreads on some retail sites and prominent placing at some tech department stores. 
    Most of these are commodity designs, so there is a lot less choice than you portray. What will separate all the different Android OS OEM"s from the herd? In reality, it's a whole lot of second and third order design choices, like button placement, fit and finish, and mostly, price. That Apple is selling a 3 year old design as their entry level product speaks volumes for what the market will absorb.

    You see user's "spoilt for choice"; I see a lot of weak quarterlies on the horizon with few winners.
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 25 of 30
    MacPromacpro Posts: 19,873member
    macxpress said:
    There you have it folks...Apple is officially screwed! Samsung has won...Apple has lost! Time for a new CEO! /s
    LOL
    watto_cobra
     1Like 0Dislikes 0Informatives
  • Reply 26 of 30
    cali said:
    avon b7 said:
    tmay said:
    avon b7 said:
    lkrupp said:
    This article makes a good case for Samsung's superiority. Perhaps we should all switch before it's too late. /s 
    You have to wonder why Apple centric blog sites keep publishing stuff like this. I guess they have large audiences of Apple naysayers who soak this tuff up as proof of their anti-Apple bias. And I guess the Apple supporters love to poke holes in these article's premises. Of course arguments almost always arise between supporters and naysayers resulting in large comment sections. 
    You may be right on some of those points but if we are honest, it's hard to poke holes in financials when they are 'best ever' and outlook is positive.
    Fair enough, but when some 70% of these profits are from component sales, one will have to look much closer at Samsung's mobile operation for signs of growth driven by the S8 and Note over the next quarter.
    Most definitely. This year end looks to be a hot one for handset sales. Apple might have three phones out, Samsung will add the Note 8, Xiaomi managed to chalk up a 70% increase in sales recently and will push harder. Huawei will have the Mate 10 and just released the Honor 9. Oppo, One Plus One, etc. Users will be spoilt for choice. 

    Something of note is that right now, in my part of the world, Apple is pushing the iPhone 6 32GB very hard, through third party retail stores for 379€. It's getting front page spreads on some retail sites and prominent placing at some tech department stores. 
    "Spoilt for choice" is a fu**ing illusion. 

    You have either iPhone or an iPhone knockoff.

    this isn't 2004 when you actually had a choice between several original phones and features.
    You have either iPhone or an iPhone knockoff. - For how many more years would this "knockoff" statement be repeated? 5? 10? A billion years??? Eternity??? Even if the actual copying of ideas go back and forth between Android and iOS worlds???
     0Likes 0Dislikes 0Informatives
  • Reply 27 of 30
    lkrupplkrupp Posts: 10,557member
    Remember back a couple of years when Google's market cap briefly passed Apple's for like a few days? Remember the hoopla and pontificating? Remember all the articles about how Apple had been 'dethroned' and Google was now the king? Remember the utter joy expressed by the naysayers here? Of course Apple quietly regained the upper hand and has never looked back since.
    tmaylostkiwiwatto_cobra
     3Likes 0Dislikes 0Informatives
  • Reply 28 of 30
    sflocalsflocal Posts: 6,156member
    The headline to me implies that it's the mobile division, which is not really the case.  Samsung makes good semiconductor products for sure.
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  • Reply 29 of 30
    avon b7avon b7 Posts: 8,215member
    tmay said:
    avon b7 said:
    tmay said:
    avon b7 said:
    lkrupp said:
    This article makes a good case for Samsung's superiority. Perhaps we should all switch before it's too late. /s 
    You have to wonder why Apple centric blog sites keep publishing stuff like this. I guess they have large audiences of Apple naysayers who soak this tuff up as proof of their anti-Apple bias. And I guess the Apple supporters love to poke holes in these article's premises. Of course arguments almost always arise between supporters and naysayers resulting in large comment sections. 
    You may be right on some of those points but if we are honest, it's hard to poke holes in financials when they are 'best ever' and outlook is positive.
    Fair enough, but when some 70% of these profits are from component sales, one will have to look much closer at Samsung's mobile operation for signs of growth driven by the S8 and Note over the next quarter.
    Most definitely. This year end looks to be a hot one for handset sales. Apple might have three phones out, Samsung will add the Note 8, Xiaomi managed to chalk up a 70% increase in sales recently and will push harder. Huawei will have the Mate 10 and just released the Honor 9. Oppo, One Plus One, etc. Users will be spoilt for choice. 

    Something of note is that right now, in my part of the world, Apple is pushing the iPhone 6 32GB very hard, through third party retail stores for 379€. It's getting front page spreads on some retail sites and prominent placing at some tech department stores. 
    Most of these are commodity designs, so there is a lot less choice than you portray. What will separate all the different Android OS OEM"s from the herd? In reality, it's a whole lot of second and third order design choices, like button placement, fit and finish, and mostly, price. That Apple is selling a 3 year old design as their entry level product speaks volumes for what the market will absorb.

    You see user's "spoilt for choice"; I see a lot of weak quarterlies on the horizon with few winners.
    I think anyone buying an iPhone 6 today does so simply because they want an iPhone and can't afford the other options. iPhone 6/7 design 'boring' and in need  a of a refresh. No doubt that will happen in the new phones.

    On Android phones, button placement largely boils down to preference. Design is absolutely excellent on many Android Phones. Some literally turn heads. That doesn't  happen on the iPhone because the design hasn't  really changed in a while. Fit and finish is also top notch on many phones. Easily at the same levels as iPhones. On price there is something for everyone which is nice.

    This year we will see the Kirin 970 (perhaps more new SoC designs too) and probably dual frontal cameras, many different colour options and finishes, better antennas and possibly improvements to fast charging. More machine learning and AI. Possibly not much improvement on screen quality which is already excellent. Apple will probably have the under screen fingerprint print sensor at least on one offering and a new, fresher design across the line. I hope they spruce up the colour and finish options too. My only reservation is on price. The 8 will probably have a mega price tag but the rumoured 7s and Plus could go anywhere.

    These are excellent times to be in the market for a handset. No doubt about it.
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  • Reply 30 of 30
    carnegiecarnegie Posts: 1,084member
    rob53 said:
    carnegie said:
    Apple rival Samsung Electronics has posted profits of $12.65 billion for the June quarter, its highest quarterly revenues ever -- also eclipsing predictions for Apple's performance in the period, though the situation is likely to reverse once this fall's iPhones ship.

    ...
    I think you're looking at Samsung's operating profit, not its profit. It reported an operating profit (i.e. before income taxes and other income/expenses) of 14.07 trillion KRW, which is around $12.6 billion. It reported a net profit of 11.05 trillion KRW, which is around $9.9 billion.

    That said, Samsung's semiconductor business is smokin'. That business accounted for 57% (8.03 trillion KRW, $7.2 billion) of its operating profit.
    Thank you for the clarification but when anyone compares Samsung Electronic's profit against Apple's they're comparing two different types of companies. It would be like a huge farming conglomerate comparing their profit against General Mills. The farm produces the raw materials that General Mills uses in their cereals, just like Samsung produces electronic components for Apple. If we're going to compare Samsung and Apple's profits, then we need to compare Samsung's mobile profits/loses against Apple's mobile profits and we all now who wins that contest.
    Yeah, Samsung is a different kind of company than Apple. The financials we're talking about are essentially an aggregation of three indecently operated businesses (plus Harman, I'm not sure whether that will (or does) remain as an independently operated business or will be (or has been) brought under one of the others). We aren't just talking about separate reporting segments, we're talking about separately run businesses. That's why Samsung is able to report operating profits for the individual divisions - Consumer Electronics, Information Technology & Mobile Communications, and Device Solutions. The closest compare to the scope of Apple's business would be Samsung's Information Technology & Mobile Communications division. It includes, among other things, mobile phones, tablets and computers.
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