Samsung sees 95% drop in profits for a second consecutive quarter

L4sBot@lemmy.worldmod to Technology@lemmy.world – 602 points –
Samsung sees 95% drop in profits for a second consecutive quarter
androidauthority.com

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.

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It’s not to spend more money, there’s a real increase in value Bluetooth provides to most people. Yes there are edge cases, but when you can get a a blue tooth headset for $5-20 it’s not really cost prohibitive any more.

Remember when the singe piece Bluetooth mics were like $100 when Bluetooth first started hitting mainstream phones? Many people didn’t think it was worth $100 to use an unwired headset for phone calls.

Well now, that phone is also your entire music collection, your cable box and much more. Being untethered makes a lot more sense.

In addition, easily Bluetooth destroyed device batteries, now it’s more power and you can just leave it running all the time in your phone.

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