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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Funnily enough they still have expandable storage on the A54. It's only their best models where they know they can gouge for more storage.

Its actually kinda ridicoulus that somehow features get removed from the top kodeks first and then it slowly trickles down to cheaper phones. You would think pepole paying literaly a 1000 dollars for a phone would complain first and foremost. But then again some pepole replace their phones every 2 years Just beacuse(its not like you need need new more powerful phones for pretty much any use including gaming, with the only known to me exception being emulators, but that is a very specific niche ).

They have expandable storage on a lot of cheaper phones, as well as Aux ports. I chose my phone, the A23 5g, over the A53 because of the Aux port, and it is still an amazing phone.