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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Poor functional design and atrocious security practices and culture will do that. Nothing to see here.

I suspect that hardly any mass market consumer cared about security, sadly. And what exactly do you mean with "functional design"? It's all slabs of screen with a charging port across the industry these days, or did you mean any features added/missing?

For security it depends on where you live in Australia there have recently been several very big hacks which is resulting in a lot of damage from the high valued sensitive information being stolen. So it now matters and is only getting more important. Samsungs made the headlines for all the wrong reasons. Apple the opposite. Curved edge screens were nothing short of an abortion. Their bloatware invasive annoying and made experience terrible. Even the physical button lack of remapping was frustrating and useless.

Software to hardware Samsung is a train wreak.