Samsung sign

Samsung reported its financial results for Q1 yesterday, and the numbers aren’t great. The company reported net profits of 4.63 trillion won (about $4.35 billion), representing a 39% drop from the year ago quarter.

This continuing downward spiral can be easily attributed to iPhone 6 and iPhone 6 Plus, which have been performing outstandingly well for Apple, which reported a record quarter earlier this week.

Not everything is bad though, as profit margins went up 10.6% compared to the last quarter. Samsung attributes this positive note to its range of mid-range smartphones which has seen stronger sales. The company plans to keep on improving these margins by spending less on marketing, an area where Samsung has been really bullish in the past year or so.

The South Korean electronics giant, whose Mobile division represents grossly half of the company in terms of of revenue, is confident that the Galaxy S6 and S6 Edge that became recently available will reverse the trend. We shall see.

Source: Samsung

  • Anmol Malhotra

    Last year they said we see redemption in Note 4. LOL

    • mawhob22222

      Hhhhhh

  • iPodDroid

    I’ll be honest…. I personally thought Samsung did a Great job with their S6 lineup. Yeah the external memory and removable battery are gone, but when I had the chance to get a hands on experience with the device, I ended up loving the design of it. Yeah Samsung has done a lot of crap over the years, but I feel this year they really stepped up their game!

    • Dan

      I heard they are supposed to eventually offer 128GB intrernal memory at a decent price, if they do that, I won’t mind the lack of micro-sd. I just wouldn’t want to be paying an extra 200$ to go from 32Gb to 128GB.

      • iPodDroid

        Heard that as well. But considering I’m a person who only needs 32GB at max, I don’t mind it. I’ve always used the SD card slot as a backup

      • Yujin

        Heard of the cloud?

      • Dan

        Heard of people who don’t have access to unlimited data?

      • Kr00

        Ever heard of wifi? Plenty of free wifi everywhere you look.

      • Dan

        I like to store shows in my phone to watch during commute and when I work out (cardio) . At the gym the wifi sucks so I can’t stream 1gb files, nor can I in the subway. Maybe you live in a wonderful city where wifi in fast and ready everywhere but not everybody does. Go troll elsewhere.

      • Kr00

        Ha ha, a troll calling others a troll. Such a precious pettle aren’t we. Sorry I shot your dumb argument down in flames. Again. How’s that backup gonna be when you lose the memory card buddy? Not too wonderful then is it.

      • Dan

        1. It’s an opinion, not an argument. Can’t tell the difference?

        2. The card is used to store media. Don’t think I have a copy at home? Other data can go on the phone and back up to cloud.

        3. What’s wrong with you? Can’t accept that people have opinions that differ from your own?

      • Kr00

        My comments are my opinion, but you call it trolling because it doesn’t suit your agenda. Sorry, I’m not here to bolster ego. I put a contrary argument to your flimsy card backup theory and you get all defensive. Even Samescum can see the futility in SD card slots. Hope you can deal with your insecurities soon dude, its having an effect on your intelligence. Good luck living in the 20th century.

      • Dan

        I’m calling you a troll because of the relentless attitude, you literally told someone else he was a basement dweller because he likes to us a micro-sd card. I think you are the one with low self esteem, confident people do not feel the need to attack others into submission to prove their point. Your reality is not everyone else’s. In any case, have a great day, I’m done with this thread.

      • Kr00

        So anyone with a differing view to yours just HAS to be a troll. Pity you couldn’t argue the point with some intelligence, something you seem to lack. By the way, you have come to an Apple user forums which makes you the troll, not me. I’m happy to argue a point on technical grounds anytime.

        You don’t get it. Why are companies dropping SD support? Its old tech, thats why, and if you have to watch whatever you choose to watch, on your phone for whatever season when you can do so in the comfort of your home, then I seriously pity you, but don’t harangue them or anyone else just because they’ve all moved into the 21st century. Enjoy your old tech ways, but don’t get your knickers in a twist just because technology is passing you by.

        The guy, who like you, was arguing how difficult it is to find wifi anywhere in your day to do backups, were just making straw man arguments for whatever idiotic reason. You and I and he know there’s free wifi anywhere you choose to look, to argue otherwise is just plain stupid.

      • Dan

        All I said was that the cloud is not always an option and in such cases having more memory on hand is a good thing. If you can’t comprehend that paying 30$ for 64GB instead of paying an extra 100$/200$ with the phone provider at every upgrade, that’s your problem. Don’t like that I have a 3GB data cap? Neither do I! If you find me sad because I choose to watch media on a 30 minute subway ride to work (where I have no access to WiFi nor LTE), that’s your problem. Move on with your life, be done with this stupid argument and stop replying. I leave you a picture that perfectly illustrates our exchange and I will finally listen to my own advice and leaver it be.

        You win. I bid you good day!

      • Benjamin J Schwartz

        Not really. Do you honestly go from one free wifi spot to another with zero need to connect in between? Ever leave the city? Travel much?

      • Kr00

        Ever heard of McDonalds? The public library? The local mall? Starbucks, or any coffee shop, cafe for that matter? You need to get out of your basement dude. Your straw man arguments won’t work in the 21st century.

      • Benjamin J Schwartz

        I actually have both unlimited LTE via AT&T (in LA where it’s super fast and quite reliable) and I use Plex to stream from my home computer via a 200Mbit/20Mbit connection. Having said that, none of those things help when you leave the city and have shoddy Internet access. Hence I bought a 128GB iPhone.

        You see where I’m going with this?

        We’ve all heard of the cloud. Maybe in 10 years it will be more accessible from locations that aren’t nearby a major metropolitan area, but for now it’s not a complete solution.

      • Kr00

        So in the rare event you can’t get wireless or wifi is your point. I’m sure in a year this would be less than one or two days in total, but hey, lets just use hyperbole in an attempt to push a redundant point anyway, right? You are the minority. Don’t complain when the tech world leaves you behind. Nokia and Blackberry love your type.

      • Benjamin J Schwartz

        You’re sure? Hyperbole? Your going soley of your own experience, with a closed mind. Troll much? Some people travel a lot. Clearly, your not one of us. I spend on average 6 days a month in Big Sur. On the coast there is neither WiFi nor cell service. Heck, I can’t even get Edge for 50 miles in that spot.

        It’s a beautiful world out there. There may not be much access to WiFi or cell service in the remote places of this world, but there’s much beauty to be experienced. Travel more, you might just find that’s it’s nice to be disconnected from the net.

      • Kr00

        And there we have it folks, the “T” word. Didn’t take you long did it? So anyone who can present an alternate argument that actually represents reality is a troll? Not hard to see your lack of intelligence is equal to your vocabulary. A typical tactical ploy of the unintelligent. If you can’t argue the point with logic, just trot out these words; Troll, Racist, Bigot or denier. Your argument is as shallow as you are. Next time try some logic instead of reaching for the “T” word. Good luck working in that sheltered workshop buddy. Hope they have wifi.

      • Valinor

        People love saying “heard of the cloud”
        Not everyone loves dumping their stuff on the internet.
        Also like Dan said, most people dont have access to unlimited data.
        I dont even use cloud and burned through 12gb of data last month, mostly watching Vines. Imagine adding cloud data to that…

      • Benjamin J Schwartz

        I actually have both unlimited LTE via AT&T (in LA where it’s super fast and quite reliable) and I use Plex to stream from my home computer via a 200Mbit/20Mbit connection. Having said that, none of those things help when you leave the city and have shoddy Internet access. Hence I bought a 128GB iPhone.

        You see where I’m going with this?

        We’ve all heard of the cloud. Maybe in 10 years it will be more accessible from locations that aren’t nearby a major metropolitan area, but for now it’s not a complete solution.

      • Blip dude

        Pff, no thanks. Not only does that result in Data consumption that could be used for the streaming services I already for, but the cloud also just isn’t as realiable. I used the cloud once and Never again.

      • Rowan09

        My wife has the Edge and its $800+ for the 32GB.

      • Dan

        Yeah right now memory is too expensive. Why I like micro sd

    • MrDDify

      When I heard rumors about the galaxy S6 at first I thought finally some improvement on Samesungs side, but when I saw it for the first time it just looked like a copy of the iPhone 6 and lost all my hopes again on Samesung improving them selfs. I’ll give Samesung that the S6 is one of their better looking phones.

      • iPodDroid

        “Copy of the iPhone 6” As a owner of an iPhone 6+, I can say this that I don’t see it. I really don’t see how Samsung is copying Apple. If anything, I think it’s just the bottom part of the phone that’s very similar to apple’s and that’s it. I don’t see a copy.

      • MrDDify

        You have to look further than just the exterior. And yes the back looks like an iPhone 6, but also consider them going from expendable memory to fixed memory, like the iPhone with the same capacities. And also copying the use of the fingerprint scanner because they failed hard with the s5.

      • iPodDroid

        “Copying” this is getting old. First off, the back of the Galaxy S6 looks NOTHING like the iPhone 6. Second of all, did it ever occur to you that perhaps they went from expendable to fixed for an entirely different reason? You’re automatically sticking to “Oh they switched to fixed memory because Apple is doing it”. Perhaps they made the switch for design purposes or for whatever other reason there is. Yes the S5 had a decent fingerprint scanner, but that doesn’t mean they automatically copied Apple.

      • Rowan09

        It’s ok if they copied Apple, but it would be crazy to try and find a reason besides the obvious.

      • Benedict

        Since when is the iPhone 6’s back out of glas?? It does not support wireless charging…

      • MrDDify

        Sorry my mistake i ment iPhone 4. Welkom to 2010 Samesung. And port placement and speaker placement is copied of the iPhone 6. Did i say anything about wireless charging? No. So i don’t understand why you are bringing this up?

      • Benedict

        Because the glasback of the S6 has a reason instead of just a useless design gimmick on the iPhone 4. It is used for the wireless charging capability.

      • MrDDify

        So? Still copying like they have been doing for years now

  • Dan

    Samsung seems to be going in the right direction lately and their profits will no doubt get better. The Galaxy 6 Edge brought some nice innovative features and the build for both the GS6 and Edge looks/feels great. The camera is phenomenal as well for a phone. I’m disapointed about the lack of micro-sd support though and they will have lost me as a customer if they don’t bring it back.

    • johnsm

      That edge useless. Go see its “features”. If you call that “innovation” you are lost to what most people expect from a phone.

      • Dan

        It’s a cool idea and I applaud them for doing it. What people expect from a phone varies from person to person. You see, the iPhone does not do what I expect from a phone, so it doesn’t suit me. It probably suits you, the beauty of diversity. Have a great day!

    • MrDDify

      It still looks like just a copy of the iPhone 6. Hurray for Samesung for being original for once

      • Dan

        Yeah, a copy with a better camera, more RAM thus better multitasking, better screen, better battery and wireless charging. I won’t mention and OS since that is personal preference.

      • MrDDify

        So you’re comparing a phone that came out almost a year later on specs? Well that’s a fair game. Give Apple a few months and they will blow away the S6, with a better camera, probably less RAM but still being faster, better battery

      • Dan

        That’s an endless debate since the phones are not released at the same time. With Apple’s obession with making paper thin products, I wouldn’t hold my breath for a better battery. In any case, you think they copied, I do not. Opinions are like @ss holes, everyone’s got one.

      • George

        Apple will never upgrade their ram, I can’t even load IDB on an iPhone anymore lmao.

      • Benjamin J Schwartz

        My new iPad Air 2 has 2GB of RAM (and a triple core SoC) and blows my 6Plus away in both speed and reliability. You can count on the A9 incorporating 2GB as well.

      • Rowan09

        Better battery life is not that hard. Make a bigger phone 6+ and add a bigger battery. Thinness doesn’t make the battery smaller, it’s the size of the phone. Everyone is obsessed with thinnest Apple just speaks about it more. The S6 is thinner than the S5 and each new phone is usually thinner than its predecessor.

      • Rowan09

        Not better battery and wireless charging is useless because you need a pad.

      • Dan

        They are dirt cheap so that’s not really a problem imo. I love it.

      • Rowan09

        Yes but every phone can get a case to make it wireless. What I want to see is true wireless without any pad.

      • Dan

        yeah I agree that would be great, but I’d be worried about health issues tbh

      • iPodDroid

        We live in a society where originality is slowing fading away. Not everything is going to be new and original. Even Apple borrows concepts from time to time from the jailbreak community or from other manufactures as well and implement them into their own software/hardware. No one is perfect.

      • MrDDify

        I’m not saying Apple is perfect. But there is a difference between Samesung copying all the time, there is no originality left in that company and it is a shame.

      • iPodDroid

        Yes because they TOTALLY copied the designs for the refrigerators and televisions from Apple. By your logic, then the Notification widgets, third party keyboards, iCloud Drive are “copied” ideas that Apple stole from competitors.

      • Dan

        When Apple does it, it’s called innovation. These guys need to understand that everyone is inspired by someone else.

      • iPodDroid

        “Innovation”

      • Kr00

        No, Samescum are just thieves. They’ve done it to every major tech company on the planet. Ask James Dyson what he thinks of them.

      • MrDDify

        Now you’re just talking nonsense. I’ll give you one example. Since the beginning Shamesung was bashing on Apple for releasing a new design just every 2 years and now Shamesung has almost the same ugly design every year with some minor changes, just like Apple already is doing for years.
        Another example is that Shamesung has been bashing on Apple for not having expandable memory and look now what they have done.

        They need to learn a lesson not to bash on something they are becoming their selfs. Their mobile department is just crappy and not innovative at al. The rest of their company is great and make beautiful products.

      • iPodDroid

        And I agree that they’re harassment of Apple is really immature and unprofessional. But you need realize that smartphone manufacturers can’t ALWAYS release a new design every year. What you consider an ugly design every year with minor changes, might be considered a very well designed phone to another person. And again, yes their harassment on Apple is immature and yes their hypocrites for attacking them for not having external SD slots, and then getting rid of it for the S6. But then again no matter knows exactly why they removed that feature to begin with. Yes their mobile department is NOT the best nor close either, but at LEAST they try to improve their products as Apple does. The S5 may not have been the best phone in the market, but the S6 is considered by many to be one of their best smartphones in years (Not counting the Note Series).

      • Kr00

        No, they copy from everyone, not just Apple. Have a look at the list of companies that have sued Samescum for ripping of their IP. Dyson has just joined the list for ripping off their cyclonic motor technology. And Samescum will drag it out in court, as they always do, then by the time they’ve penetrated market share enough, they’ll setting out of court, using money they’ve gained form those illicit sales. It’s how they buried Pioneer in the flatscreen TV market. Anyone seen a pioneer TV lately? Same happened with Sharp, Sony etc, etc, etc.

      • George

        You realize Samsung supplies iPhone parts right? You have been owning a Samsung device for years.

      • MrDDify

        You probably don’t know how stupid you sound right now. The only part that Samesung provides are the chips inside the phone. That’s the same like saying a Lamborghini is a Audi because it has an Audi engine.

      • George

        I’m not an idiot, the iPhone does not work without aa chip. You are running a Samsung powered phone.

      • Rowan09

        No no no. Samsung does the manufacturing with an Apple designed chip. It’s like saying the Chinese designed the iPhone since they do the manufacturing.

      • MrDDify

        Do you feel the burn from Rowan09? Does it hurt?

      • George

        Nope.

    • JulianZH

      i dont see the point of external memory….

      • Dan

        Easier to transfer data from device to device. A durable investment and you don’t get gouged by the price of a phone. Ie 100$ per tier.

      • Kr00

        And if you lose it, or it gets stolen? Hardly a durable investment when some thief has all your data at his fingertips.

      • Dan

        I’ve never gotten my phone stolen. Data on Android can be encrypted. I can actually remote wipe my phone if I choose. And data won’t be lost, I upload to google drive. What’s better? Buying a sd card and using it in every phone year after year or paying for more memory every five you upgrade? This card has literally saved me 100’s of dollars. Don’t feel the need to reply to all my posts by the way.

      • Kr00

        Lucky you. Can’t wipe a SD card if its been removed can you? Screwed then aren’t you. You just argued against using cloud backup in favour of SD backup, but now you say you backup to the cloud? Can you make your mind up, you’re so confused you can’t keep up with your own argument now. Who’s the troll now?

      • Dan

        /SIGH

        I’ll try again, against my better judgement. Since YOU seem to have a hard time understanding, and this is the last time man.

        The SD card is to store BIG media files, not personal information. Those big files I cannot use the cloud since I have a data limit AND the local wifi is crap. Its not personal content, I don’t mind if someone steals or has access to my episodes of Ray Donnovan or House of Lies (roughly 40GB of content).

        I use cloud backup for PICTURES, personal info, those I can use my 6 GB of data without a problem and it protected by encryption and a password.

        Don’t agree? I don’t care. I enjoy having access to micro-sd, if you don’t need it, good for you man. Cheers!

      • Kr00

        SIGH indeed!!! I think you should go back and read what you wrote previously, because you clearly contradicted yourself. You can’t have it both ways. I was pointing out the obvious pitfalls of SD cards over cloud backup services, you then called me a troll (clearly you can’t handle a view opposing yours) then proceeded to say how difficult it was in your day to find wifi to do cloud backups. You then later say that you DO use cloud services for backups and ramble on about having to watch shows on your phone (which had completely no relevance to the conversation). So whatever it is you wish to disagree with is a complete mystery to me. You sir are a rolled gold idiot.

    • Rowan09

      Which innovative features? My wife has one and the edge serves no purpose to her.

  • Yujin

    The new galaxy s6 can only throw a life line for a few weeks. They need to keep something very clear. The iPhone 6S is coming soon and people will hold off on buying a new phone as they ALWAYS do while they wait for the new iPhone.

    • George

      There is nothing new about the new iPhone.

      • Gregg

        That is simply not true and you know it.

  • Andrew

    i just want a Surface Pro 4 to be announced this week……………………………….

  • igorsky

    I guess a 39% profit drop is considered redemption in South Korea? Cool!

  • singhay559

    Cant wait to get mine.

  • Liam Mulcahy

    rekt samsung

  • Benedict

    some additional numbers:

    • Kr00

      What’s the point in having market share when you can’t make a profit?

      • Benedict

        Profit depends on many more factors e.g. investments for new technology (R&D, factories etc.) It’s to easy to compare market shares or sales with profit. But market shares can be more important than internal profit for the long term.

      • Kr00

        Pity we’ll never know as Samsung don’t report sales figures, just shipments. There’s a warehouse somewhere out there full of shipped devices. If there’s nothing sus going on, then why wouldn’t they report sales if they claim that they’re so great. This is one company nobody should trust.

      • Benedict

        Must be some truth in it because otherwise other statistics e.g. of active devices (iOS/Android) wouldn’t match. It’s also possible to ship millions of devices and conceal the warehouse full of returns.

      • Kr00

        It’s this simple. Why don’t Samescum report sales? Because the truth would prove their shipments are a fraud. Activations of what? New phones, second hand phones? If the figures ACTUALLY. Show what type of device is being activated we would know, but we don’t. Trotting out shipments and activation figures is grasping at straws. Show me the money! Samescum have been hiding these figures for obvious reason, but clearly not obvious to you. If I were a shareholder I’d be asking the serious questions, but lying is in the Samescum DNA. Only a blind moronic sheep would swallow their BS.

      • Benedict

        Most other mobile device makers use “shipments” data which represent sales to wholesalers or resellers! So you want to tell everybody else they fake their sales – except Apple? The only difference is that you can’t tell in which time period the shipped devices are sold to end customers! It can take a year, but nobody pays the device maker money for unsold units or orders new units after a month when the stock is still full! So don’t distort reality again! Apple has had a far more control over their direct sales to end users (exclusive carriers, Apple Store) than other manufactures who can’t track those sales.

  • Benjamin J Schwartz

    It doesn’t matter how good the S6 is if Samsung can’t market it right. Has anyone else seen those idiotic new commercials? They tell us nothing about the device, and barely show it being used. What they do show isn’t anything that every other smartphone maker in the market already includes. Again, I’m not saying the phone isn’t great, because maybe it is or maybe it isn’t, but I for one can’t understand the logic behind their current marketing strategy.

  • Dante Arellano

    Their product are like a nice car body but wihtout egine

  • Dante Arellano

    By now samesung just realized they wont have iphones people moving to androide

  • Geogy Goke

    “d net profits of 4.63 trillion won (about $4.35 billion)” Real shocker, 4.63 Trillion, don’t know why their complaining

  • The problem is that Samsung thinks only of profit

    Not the customers

  • YTMT

    Fact is, Apple and Samsung both make flawlessly beautiful devices (only nudget was the plastic in the previous Galaxies) but right now Apple was actually able to built an overall useful ecosystem, while Samasung has been focusing too much on polishing its already No.1 display in the industry! (even their TVs have the best colors) Why do they need to improve it further – just focus on Apps, user experience and cloud. Easy!