Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung’s profits have dropped considerably compared to last year.
Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung’s profits have dropped considerably compared to last year.
I was so happy when they released those commercials with their commitment to the headphone jack after Apple abandoned it.
After they dropped it, they made sure I’ll never buy another phone from them. They probably don’t care. They probably make more than enough through their bluetooth headphones.
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Sales are “only” down 37%, it’s profits that are down 95%. Which means either they’ve had to discount their phones, or they’re not selling enough volume to make up for R&D.