Samsung Hits Apple With 20% Price Increase

EthanV2 writes "The Wall Street Journal cites a report which quotes a 'person familiar with negotiations between the two tech giants,' apparently confirming this special price hike for Apple. The source said: 'Samsung Electronics recently asked Apple for a significant price raise in (the mobile processor known as) application processor. Apple first disapproved it, but finding no replacement supplier, it accepted the [increase].'"

Comments

Re:Inevitable

[jmauro]

You can be the most profitable and still lose money, if all your competitors are losing more than you are.

Unfortunately, while Samsung breaks down profits by division (their mobile phone division is modestly profitable, but no where near the margins Apple has), they do not break down their profit by individual phones. It's implied that the S3 is driving the profits of the division because of the number of units shipped, but at this point it's all analyst conjecture. For all we know they're losing money on the S3 and making it up on other phones.

Re:one word

[tbird81]

Douchebags, hipsters, and the parents of rich spoilt brats.