Samsung Posts Heavy Quarterly Losses Where Apple Broke All Records

While Apple is publishing record quarters and marketing apples iphone hand over fist, major competitor and previously the biggest mobile phone maker around the world Samsung has uploaded its very own profits for the October through December interval. Unfortunately for Korean firm’s investors though, things aren’t looking very so glowing for the makers of the Galaxy S5 and Galaxy Note 4.

Coming shortly after Apple revealed record quarterly earnings of $ 18 billion, Samsung has been required to reveal that its own profits have actually decreased by no much less than 27 % for the most recent quarter, leaving it with an internet revenue of $ 4.9 billion or 5.3 trillion gained. For contrast’s sale, the same quarter in 2013 saw Samsung clear in 7.3 trillion won.


While Apple’s huge success is mostly to the release of the bigger iPhone 6 and iPhone 6 Plus, Samsung has actually seen its very own annual incomes decrease in three years following a fifth straight quarter of bad outcomes. Samsung’s 2014 revenue sat at 25 trillion victoried, down from the 36.8 trillion victoried it handled to make in 2013.

Previous numbers have already indicated Apple’s step into the larger phone market cannibalizing Samsung’s market share in Asia, with need has historically been for smartphones of the larger selection. With the 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus now catering for that quite market it is becoming clear that Samsung’s previous lead in the location is being deteriorated significantly.


With incomes being revealed constantly right now, chip maker Qualcomm has actually additionally stated its very own outcomes with the most appealing news being that the firm has actually shed among its significant consumers. Thought to be Samsung, the loss is a substantial one with worries over the quantity of warmth created by the new Snapdragon 810 cpu considering heavily on the minds of engineers.

(using: Reuters)

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