Samsung earnings disappoint as company blames competition in smartphone space

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  • Reply 40 of 103
    Samsung also blamed increased costs in the production of its flagship Galaxy S5 smartphone. If that's the case for their plastic phone, then they would be even more challenged to make money with a truly premium phone as exemplified by the iPhone 5S. Samsung must really be wondering where they go from here, having thrown a lot of form factors and designs at the wall, with fewer and fewer of them sticking. Well, at least they still have washers and dryers to count on.
  • Reply 42 of 103
    frood wrote: »
    Apple is in a good spot.  Their fans love them, and they still have low hanging fruit to add to their offerings...  Basically a larger screen and widgets.  Those two things are going to make the iPhone a radical improvement and substantial change over prior offerings and are going to make the iPhone 6 a blockbuster.

    Widgets? Seriously? I played with Dashboard for a couple of weeks when I first got Tiger—had it disabled ever since. Widgets are the most worthless idea anybody's ever come up with.
  • Reply 43 of 103
    Quote:

    Originally Posted by 512ke View Post

     

    Now the Apple-bashing media will turn to Xiaomi and herald them as the next Apple-destroyer, since Samsung is being dethroned.

     

    The thing is, I don't think Xiaomi is a direct threat to Apple, at least not right now.


     

    That shouldn't stop analysts or tech pundits.  It's a pre-determined narrative they're pursuing - not facts.  I mean, what, should everyone just continually report something like "well, looks like Apple's doing great... still... and everyone else is either floundering or profiting by copying them"?  Where's the fun (read: link bait) in that?

  • Reply 44 of 103

    Looking at Apple's share price collapse today, I take it Wall Street must be thinking the same thing will happen to Apple as it did to Samsung.  I'd say that's a pretty far-fetched way of thinking if that's the case.  For Samsung, it's the high-end Galaxy S5 not selling all that well and those tens of millions of low-end devices that are eating away at Samsung's profits.  They're going to have the same problem Nokia had trying to hold onto all that market share.  Some of these companies never learn to stop biting off more than they can chew.  It's like one country trying to dominate the whole world but eventually the troops get stretched too thin and the supply chain becomes nearly impossible to manage.  I'd say Samsung has had it for now and it will take them at least another year to recover.

  • Reply 45 of 103
    Quote:

    Originally Posted by AppleSince86 View Post



    Samsung also blamed increased costs in the production of its flagship Galaxy S5 smartphone. If that's the case for their plastic phone, then they would be even more challenged to make money with a truly premium phone as exemplified by the iPhone 5S. Samsung must really be wondering where they go from here, having thrown a lot of form factors and designs at the wall, with fewer and fewer of them sticking. Well, at least they still have washers and dryers to count on.

    You know what their strategy is for the low-end Chinese smartphones is?  Build more variety of smartphones with higher specs than the competition.  That's only going to eat into their profits more if they try that.  Samsung is fighting against rivals who's only desire is to gain market share at the expense of profits.  Unless Samsung can come up with some really unique smartphone, they're not going to succeed.  From what I've seen in the past, trying to hold onto market share AND high profits is nearly impossible unless you get really lucky with some hot high-end product.

  • Reply 46 of 103
    Apple is DOOMED.
  • Reply 47 of 103
    adonissmuadonissmu Posts: 1,774member
    Quote:

    Originally Posted by SpamSandwich View Post



    Hold off on releasing the iPhone 6 for a year and Samsung will go bankrupt because they have nothing to copy.

    LMAO! They make other stuff too... like iPhone parts. 

  • Reply 48 of 103

    There's also some poetic justice at play in this Samsung pickle...

    While Samsung has been looking in the direction of Apple for something to copy and imitate, a slew of smaller Asian phone makers have been imitating Samsung's handsets and greatly undercutting Samsung's prices.

     

    This situation points out what happens when your company has a lot of ambition, but much less strategy than ambition: you can find that you painted yourself into a corner in failing to have defined a distinctive level for your products and a clear path to follow through the competitive landscape.

  • Reply 49 of 103
    allenbfallenbf Posts: 993member
    Quote:

    Originally Posted by TeaEarleGreyHot View Post

     

     

    $6 billion in profit is not exactly "going bankrupt", I think.  Besides, healthy competition is good for both Samsung and Apple.  If only Samsung would shift it's business model from imitation to innovation!

     

    Seinfeld, 1989

     

    Samsung, 1993


    + 10 points for this.

  • Reply 50 of 103
    Quote:

    Originally Posted by jsmythe00 View Post



    Dude. I draw the line here. There's no way samsung is THAT much of an imitator.



    I mean they did innovate on the...

    Well they were the first to...

    They were a trend setter in...



    S%#t you're right!

     

    You forgot that they "lead by following".

  • Reply 51 of 103
    sockrolidsockrolid Posts: 2,789member

    Originally Posted by AppleInsider View Post

    Samsung's net income of 6.18 trillion won, or $6 billion U.S., fell short of analyst expectations of 6.83 trillion won for the June quarter ...

     

    Hey Samsung.  You know what to do.

    Green-light that toaster-fridge!

  • Reply 52 of 103

    Blaming lackluster performance on competition is an admission that one's products are not exceptional. Not any better than anyone else's. Not as good as others.

  • Reply 53 of 103
    Quote:

    Originally Posted by Constable Odo View Post

     

    Looking at Apple's share price collapse today, I take it Wall Street must be thinking the same thing will happen to Apple as it did to Samsung.  I'd say that's a pretty far-fetched way of thinking if that's the case.  For Samsung, it's the high-end Galaxy S5 not selling all that well and those tens of millions of low-end devices that are eating away at Samsung's profits.  They're going to have the same problem Nokia had trying to hold onto all that market share.  Some of these companies never learn to stop biting off more than they can chew.  It's like one country trying to dominate the whole world but eventually the troops get stretched too thin and the supply chain becomes nearly impossible to manage.  I'd say Samsung has had it for now and it will take them at least another year to recover.


     

    I don't know much about "shorts" when it comes to trading, but I do understand the shorts need AAPL to be below $96 tomorrow, so voilà! 

     

    It's amazing how this happens.

  • Reply 54 of 103
    Quote:

    Originally Posted by Constable Odo View Post

     

    Looking at Apple's share price collapse today, I take it Wall Street must be thinking the same thing will happen to Apple as it did to Samsung.  I'd say that's a pretty far-fetched way of thinking if that's the case. 


    I think Wall Street finds it hard to accept that Apple may indeed be a unique outlier.

  • Reply 55 of 103
    paulmjohnsonpaulmjohnson Posts: 1,380member
    Quote:

    Originally Posted by Constable Odo View Post

     

    Looking at Apple's share price collapse today, I take it Wall Street must be thinking the same thing will happen to Apple as it did to Samsung.  I'd say that's a pretty far-fetched way of thinking if that's the case.  For Samsung, it's the high-end Galaxy S5 not selling all that well and those tens of millions of low-end devices that are eating away at Samsung's profits.  They're going to have the same problem Nokia had trying to hold onto all that market share.  Some of these companies never learn to stop biting off more than they can chew.  It's like one country trying to dominate the whole world but eventually the troops get stretched too thin and the supply chain becomes nearly impossible to manage.  I'd say Samsung has had it for now and it will take them at least another year to recover.


    You do realize that the market is down across the board today.

     

    Not everything is a conspiracy against Apple.

  • Reply 56 of 103
    monstrositymonstrosity Posts: 2,234member
    I nearly want to cry... I'm over it.
  • Reply 57 of 103
    maestro64maestro64 Posts: 4,941member

    The race to the bottom is about to claim another victim.

     

    This is what happens when you listen to Wall Street verse doing what is right for your business. Plus all that money Samsung spend of ads, celeb endorsement gone bad and paying local government to pay to advertise on publicly own properties. At least Samsung help pay for government over spending, oh lets not forget all the lawyer fees they had to pay to say out of trouble

  • Reply 58 of 103
    imemberimember Posts: 247member
    It's a beautiful day...o o o o

    I just opened a bottle champagne

    Rest in peace, Shamesung (1938-February 2015)
  • Reply 60 of 103
    bigpicsbigpics Posts: 1,397member
    Quote:
    Originally Posted by TeaEarleGreyHot View Post

     

     

    $6 billion in profit is not exactly "going bankrupt", I think.  Besides, healthy competition is good for both Samsung and Apple.  If only Samsung would shift it's business model from imitation to innovation!

     

    Seinfeld, 1989

     

    Samsung, 1993


     

    Samsung:  "A company about nothing....."  <img class=" src="http://forums-files.appleinsider.com/images/smilies//lol.gif" />

     

    Quote:
    Originally Posted by Gatorguy View Post



    Google is probably rooting for Apple to grab more market share than Samsung if truth be known. In fact they'll be pleased as can be when iOS gets at least 20% of the overall European market and maintains it.



    Would they not be rooting for HTC, the upcoming Lenovo/Motorola combine and other non-forking/less bloatware adding Android makers instead....??

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