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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Young people in Korea have switched over to iphones. iphone have like 60% marketshare now for that demographic

Imagine actually using an iPhone

Dunno if you’re taking the piss but they’re not that bad. Have an iPhone mini 13 I bought for €450 2nd hand with 100% battery health. Decent upgrade from an Xperia XZ1 compact. Needed a pocketable phone & the Asus Zenfone was too expensive.

Have to say, having the call audio levels, proximity sensor & speakers properly tuned to the hardware, software/security updates without having to run a non-official build of Lineage OS and AltStore-Linux for side-loading has been sweet.

I have for about a decade. I use my phone as my backup map when I am flying. It has to work, every time, without fail. I've never owned an android that could hold a candle to an iPhone for software stability.

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