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Samsung sees 95% drop in profits for a second consecutive quarter (www.androidauthority.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[–] answersplease77@lemmy.world 9 points 1 year ago (2 children)

95% is huge. They been releasing too many models and their new phones are too expensive for me. they should follow apple and only release one every year

[–] WigglingWalrus 6 points 1 year ago (2 children)

They make far more than just phones..

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[–] twistedtxb@lemmy.ca 9 points 1 year ago (1 children)

I have a four year old phone, and unless I do something stupid I don't know why I would change.

Performance is a non issue in 2023

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[–] Bishma@discuss.tchncs.de 8 points 1 year ago (3 children)

Considering that Samsung is basically the South Korean government this may be worse news than it seems.

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