If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(News.com.au)   Samsung 1Q profit falls 4% as their new televisions and smartphones get poor reception   (news.com.au) divider line 16
    More: Fail, Samsung 1Q, Samsung, earnings growth  
•       •       •

269 clicks; posted to Business » on 08 Apr 2014 at 9:50 AM (21 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



16 Comments   (+0 »)
   
View Voting Results: Smartest and Funniest
 
2014-04-08 09:54:14 AM
This just in: normal people don't want to spend $600 on a new phone every two years and $1000 on a new TV every three.
 
2014-04-08 09:57:29 AM

skozlaw: This just in: normal people don't want to spend $600 on a new phone every two years and $1000 on a new TV every three.


Good thing nobody does that.  This just in: New models come out in 3 months why buy the old version when the new ones are out shortly and either the old one will be dirt cheap or buy the new one at the same price you would have paid for the "old" one.

Very few people pay full price for phones and don't bring in that you pay that through your contract line since it's a stupid stance to take.
 
2014-04-08 11:19:15 AM

TNel: Very few people pay full price for phones and don't bring in that you pay that through your contract line since it's a stupid stance to take.


Do you feel that way about all reality, or just this part of it?

Or do you imagine that Verizon really gave you a $600 phone for two hundred bucks out of the good of their heart?
 
2014-04-08 12:43:01 PM
These are Q1 results. Q1 for Samsung is the time when the new phone release date has been announced, but it hasn't come out yet. Sales are always down.

That being said, sales were flat, profit is down overall. Phones are their most profitable offering. What this means is they were able to replace the missing revenue with revenue from less profitable divisions. That's pretty good actually, not a "fail" as subby implies.

/subby must be an iTard
 
2014-04-08 12:45:13 PM

skozlaw: Or do you imagine that Verizon really gave you a $600 phone for two hundred bucks out of the good of their heart?


It's stupid because you are not saving any money by not upgrading.  Until just recently there wasn't any plans that could be purchased cheap with no subsidized phones.  All plans had the subsidy built into it, so by keeping the same phone for more than 21 months you were losing out.

Now things have changed mainly thanks to t-mobile but those cheap lines

Let's use my family plan with 4 smartphones. Using real numbers not some imaginary crap.  My plan costs $230 a month for 4 smartphones.  I can go down to the family value which takes away subsidies for $160 a month.  $70 savings per month, sounds huge!  So currently I get all of our phones on Black Friday for 99cents for whatever the new Galaxy phone is so phones right now cost me $4.

$70 for 24 months (upgrade window) divided by 4 phones is $420 per line.  To me phones only last 2 years and haven't had one that was durible enough to last much past that amount since it's one of the few things in your life that you use everyday and throughout the day.

Plus I would rather pay $17 a month extra per line per month than $2400 for all new phones at one time.  Granted I haven't looked at single lines in ages and all of my assumptions are based off of multiple lines.
 
2014-04-08 12:55:43 PM
You know...I need a new TV.  (yes, I recognize that "need" is a relative term here...but that's not what I'm talking about)

I need a new TV.  Actually, I really just need a HD panel, I do not need the 100's of bundled apps.

I simply cannot justify the cost of a $2000 TV for shait I do not need...
 
2014-04-08 01:17:21 PM

TNel: It's stupid because you are not saving any money by not upgrading.


I understand that, but it doesn't change the fact you're paying to burn a new phone every two years or less if you're on a carrier where everybody's waste is subsidized. You even acknowledge the alternative of carriers where you can buy a line and a phone without having the cost rolled into the plan. And if I didn't get a company work phone, that's exactly what I'd do. A hundred dollar phone and pay as you go plan for it.

Although I guess that invalidates my own point. Apparently "normal" people ARE dumb enough to buy a new phone every two years since most people are on a "classic" carrier that operates like that...
 
2014-04-08 01:29:46 PM

skozlaw: Although I guess that invalidates my own point. Apparently "normal" people ARE dumb enough to buy a new phone every two years since most people are on a "classic" carrier that operates like that...


It's also a force savings plan.  In my example I pay an extra $420 per line every 2 years just so I can upgrade to the latest model every 2 years.  You can't get a new S model for $421 (I pay 99cents at Sams).  If you can stretch phones to every 3 years then you would break even and then "make" money at the 4 year mark so it would come down to how heavy you use the phone.

There isn't a chance on me lasting 3 years, I'm almost at 2 years and this phone is dinged up and the USB port is broken (thanks to the kids not me).  I'm curious that if in December if I can change my plan to the "new" value plan with everyone have brand new S5s then tell everyone that they need to suck it up and buy Nexus phones.
 
2014-04-08 01:41:43 PM

Endive Wombat: You know...I need a new TV.  (yes, I recognize that "need" is a relative term here...but that's not what I'm talking about)

I need a new TV.  Actually, I really just need a HD panel, I do not need the 100's of bundled apps.

I simply cannot justify the cost of a $2000 TV for shait I do not need...


TVs are really cheap nowadays. You can get a very good, decent sized one for less than $1,000.

And this is coming from a Canadian, where we're used to taking it up the ass at retail.
 
2014-04-08 01:52:58 PM

Bullseyed: These are Q1 results. Q1 for Samsung is the time when the new phone release date has been announced, but it hasn't come out yet. Sales are always down.

That being said, sales were flat, profit is down overall. Phones are their most profitable offering. What this means is they were able to replace the missing revenue with revenue from less profitable divisions. That's pretty good actually, not a "fail" as subby implies.

/subby must be an iTard


Samsung's butt boy is correct. People wait for the new model. Just like Apple sales and profits will inevitably fall this summer, because people are waiting for the new iPhone in the fall.

/not Subby, BTW. You can tell because the thread went green.
 
2014-04-08 02:08:03 PM

skozlaw: This just in: normal people don't want to spend $600 on a new phone every two years and $1000 on a new TV every three.


$1,000? For a new (as in this year's technology) Samsung TV? Maybe if you get a 32".
 
2014-04-08 02:36:10 PM

digistil: skozlaw: This just in: normal people don't want to spend $600 on a new phone every two years and $1000 on a new TV every three.

$1,000? For a new (as in this year's technology) Samsung TV? Maybe if you get a 32".


Dude, I work at Sears, home of the worst electronic prices in Canada, and I can think of at least a half dozen decent Samsung LED tv's that you can pick up for less than 1000 bucks. A 32" is like 300 bucks at the most.
 
2014-04-08 03:10:42 PM

Nexzus: Endive Wombat: You know...I need a new TV.  (yes, I recognize that "need" is a relative term here...but that's not what I'm talking about)

I need a new TV.  Actually, I really just need a HD panel, I do not need the 100's of bundled apps.

I simply cannot justify the cost of a $2000 TV for shait I do not need...

TVs are really cheap nowadays. You can get a very good, decent sized one for less than $1,000.

And this is coming from a Canadian, where we're used to taking it up the ass at retail.


I know.

It's just that the bundled features that come with all modern TVs are useless to me, and redundant as I have an Xbox, BluRay with apps, and an Apple TV, in addition to FiOS.

So a TV being marketed as feature rich, and subsequently priced higher is frustrating to me.  I do not need all that shiat, but I am going to have to pay for it.
 
2014-04-08 03:22:33 PM
Come on guys, let's all pitch in and give Samsung a hand. They only earned $8.25 billion in the past three months.If they have another quarter like that, some poor CEO might lose his job.
 
2014-04-08 03:40:07 PM
I blame Obama

www.eurweb.com
 
2014-04-08 03:42:21 PM

skozlaw: Although I guess that invalidates my own point. Apparently "normal" people ARE dumb enough to buy a new phone every two years since most people are on a "classic" carrier that operates like that...


How is it dumb to buy a phone after two years, after about two years they are starting to get worn out, batteries start lasting less, better technology has come out, etc.

If you don't give a fark about smart phones and just use it to talk to people, you might have a point.  If not, upgrading every couple years is not 'dumb'.
 
Displayed 16 of 16 comments

View Voting Results: Smartest and Funniest


This thread is closed to new comments.

Continue Farking
Submit a Link »






Report