Editor in Chief
- Dec 30, 2010
- Reaction score
- Austin, TX
Contrary to many previous news reports stating the Galaxy S6 was selling like crazy, a new report suggests that Sammy's newest flagship actually hasn't sold very well, and analysts predict that Samsung shareholders will be disappointed with the results.
Apparently, the situation is that Samsung's profit in the second quarter is actually up by 22% compared to the first quarter of this year, but that was before market analysts compared it to the same profit this time last year. Supposedly, Samsung Mobile's profit dropped 24% year-over-year from Q2 2014. The cause for this drop in profit was directly attributed to lower than expected Galaxy S6 sales.
The report indicates that Samsung and industry analysts will be looking to see if the Galaxy S6 EDGE Plus and the upcoming Galaxy Note 5 will be able to pull the company back into the growth category. What do you think is Samsung's biggest problem?
Here are a couple of Samsung forum sections for further discussion:
- Samsung Galaxy S6 and S6 Edge General Discussions Android Forum at DroidForums.net
- Samsung Galaxy Note 5 Android Forum at DroidForums.net