South Korean press shocked at Samsung’s Galaxy S4 sales disaster

“Yesterday we posted a report titled ‘Apple’s iPhone Success Points to a Bad Q4 for Samsung,’ wherein we stated that Apple’s iPhone scored a hat trick of key online retail sales victories in December that likely contributed to the estimates for Samsung Electronics’ fourth quarter operating profit being revised downward by more than a billion dollars US,” Jack Purcher reports for Patently Apple. “Today we learn that the Samsung’s Galaxy S4 is one of the key burdens dragging Samsung’s financials down. In fact, the Korean press describes it as shocking at just how bad the numbers are likely to be for Q4. Yet the news shouldn’t really surprise anyone.”

“According to a new report, Samsung Group’s electronics affiliates are engulfed in a shock ignited by the Galaxy S4. Many forecast that Samsung Electro-Mechanics, Samsung Display, and Samsung SDI are expected to report disappointing fourth-quarter performances, which would be even lower than their lower-than-expected third-quarter performances,” Purcher reports. “The Korean press expressing ‘shock’ over the collapse of Galaxy S4 sales this quarter is understandable to a certain degree. Yet perhaps they were sticking their heads in the sand to a certain extent because the signs of trouble had been brewing for months.”

Read more in the full article here.

53 Comments

        1. Ha! What a nut case point of view. The report stems from news out Korea. Other aspects of the report simply amplifies various points that have been reported on in Korea over the past few months. If you don’t like what you hear, well that’s not our problem.

          Cheers

      1. This 2nd to last paragraph states it all….

        I can sum it up with (1) One word…. “JUNK”

        And lastly, Samsung refused to provide their “premium” smartphone with any classy detailing whatsoever. In fact the cheap plastic feel of their smartphone made one think that they were purchasing a bargain basement device. Consumers also noted that the software gimmickery of waving their hands to answer a phone call or to tap phones together to share photos wasn’t real innovation at all. In fact, it was more like something you’d expect to see at a magic show at a five year old’s birthday party.

    1. The big “tell” to me was the Crisis Awareness meeting Samsung held last week with its 600 global managers.

      It doesn’t take a weatherman to know which way the wind blows.

    2. The buy one get one deals… and no down payment deals were connected to the S4… on different carriers…

      And yet they are shocked at this development… whereas the 5c sells enough… and the 5s continues to sell well.

  1. And all that money used on advertising and paying for product placement (nearly all cable commercials I’ve seen only show samsung products, so called ‘tech reviews’ in theatre etc.) really paid off. Suck it Samdung.

    1. Why not hate them. They think they are above the law. I won’t buy their products because they steal designs from their competitors in every industry they are in. ALL OF THEM. They pay for lawyers instead of development engineers. If you buy their stuff you are supporting the world’s worst type of business practices.

  2. The Korean press has their heads stuck somewhere else, rather than “in the sand”, at least concerning accurate journalism in regards to Samsung. Samsung is the Korean mafia. These journalists know when to whitewash the facts.

  3. The bloodbath against Samsung will continue and amplify unabated and significantly in 2014. The damage has only just begun, at least where it matters with premium customers and profit share. Shamdung can have the Freetard, cheapskate, BOGOF salivating, bottom feeding no spending crowd. Good luck widdat.

      1. Some of the commercials bogle my mind. Those phones look like a re-engineered tablet, or a regular sized phone held by a Munchkin. I will say a woman I work with has a Galaxy S4, and it really doesn’t look too bad and seems to perform well. Way too cumbersome for me but she likes it. Of course she has a big purse to haul it around in, while I just stick my iPhone 4 in my shirt pocket.

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