Slashdot Mirror
Samsung Proves Its Business Remains Sound Despite Note 7 Fiasco (bloomberg.com)
Samsung underscored the resilience of its business when it reported its best operating profit in three years, weathering the death of its fire-prone Galaxy Note 7 with the help of its workmanlike chip and display divisions and cheaper smartphones. From a report on Bloomberg: The world's largest maker of mobile devices posted a 50 percent surge in quarterly operating profit after demand from Chinese smartphone brands pushed up memory chip prices and buoyed the unit that makes organic light-emitting diode screens. Samsung also touched up an older phone line-up with new colors and features, helping tide it over in the Note 7's absence. Samsung is emerging from its biggest corporate crisis, when reports of incendiary Note 7s forced the Korean company to kill its most profitable gadget. It still hasn't revealed the results of a subsequent investigation into an episode that cost Samsung more than $6 billion and assured Apple of the lead in premium devices over the holidays. It's now counting on its next marquee phone to repair its reputation. "Despite the Note 7's vacuum, Samsung acquitted itself well on the back of sound S7 sales," said Lee Seung-woo, an analyst with IBK Securities Co. in Seoul. "After a softer landing in the first quarter, Samsung is on track for record June quarter profit with the new S8 coming to market."
But I will never buy anything from them again and will recommend against Samsung to anyone that asks.
It not only the Note fiasco, it's the way they treat android and updates. Either provide vanilla android, on time, or move to something else.
Mine hasn't exploded yet so I have that going for me I guess.
Damn, Samsung is so hot!
Everything I write is lies, read between the lines.
the news broke mid october and didn't really spread until november
looking at our app stats in analytics the device was (and still is) in use well past that, it's only dropped off in the last 4 weeks
so I'd like to see their q1 profits before I give them a high five
also my house came with a samsung washing machine and it is an asshole
Good grief. The 7 was too thin and too flexible by NANOMETERS - some battery fires resulted. Get over it.
I thought Slashdot readers were lazy readers before... until I saw the one who can't even be bothered to read the subject of a one-line post! Wow!
You might even say you have the ultimate hot-take.... except of course for all the Samsung Note 7 owners.
"There is more worth loving than we have strength to love." - Brian Jay Stanley
Samsung is a gigantic company with its hand in hundreds of products. The unfortunately Note 7 incident won't be enough to sink the entire company. They're so diverse that even a non-Samsung brand phone may have Samsung parts. And some of their products like their SSD have been outright stellar compared to the competition for performance and value. So yes a small bump in the road for the Samsung bus, not a house swallowing sinkhole.
We are talking about a company that sells explosive products. Samsung's handsets are the hottest ones in the market, and are sure to sear the competition. The public is already burning with anticipation for the next bang from Samsung. This is a company on fire.
The whiners seem to have forgotten about the hindenbooks and sony zippo batteries.
Most phones are downgrades, no sd card slot, no headphone jack, no removable battery. I can't see ever buying a samsung again, when dozens of other vendors are offering uncrippled phones for less money. Samsung just isnt worth it.
They sell devices that spy on people. SO many customers to pay for that, and those customers pay in ways SO much more valuable than currency. Duh.
Cloudiot: A person who does not see offsite storage as a way to lose control over access to his or her own data.
Thermal runaway is now instantaneous! that way no witnesses will be left behind.
Do not look at laser with remaining good eye.