Samsung poised for ‘ugly’ quarter as demand for Apple’s bigger iPhone 6/Plus skyrockets

Samsung “is heading for its roughest quarter in years amid rising competition from Apple Inc. and China’s Xiaomi Corp,” Jungah Lee reports for Bloomberg. “Analysts have been cutting their profit estimates almost daily, with at least 26 of 42 tracked by Bloomberg reducing their estimates in the past four weeks. Operating profit for the third quarter is projected to plunge 47 percent, while sales are projected to fall 15 percent, according to the average analyst estimates. Both are the steepest declines since at least 2009 with Samsung to announce results tomorrow.”

“‘We all know Samsung’s third-quarter earnings will be pretty ugly,’ Claire Kim, a Seoul-based analyst at Daishin Securities Co., said by phone,” Lee reports. “Apple’s iPhone 6 and 6 Plus have screens of 4.7 inches and 5.5 inches, respectively, compared with 4 inches for previous models, and are comparable to the size of Samsung’s devices. Apple said it sold a record number of the new models during their debut weekend last month.”

MacDailyNews Take: Poof! Samsung phones’ only selling point is gone forever.

Lee reports, “Samsung “stock has dropped about 17 percent this year, wiping out approximately $32 billion of market value.”

Read more in the full article here.

MacDailyNews Take: Bwahahahaha!

An iPhone with a larger screen option will hurt Samsung immeasurably more than myriad, unending traipses through the legal morass.MacDailyNews, May 2, 2014

Smart buyers don’t settle for less than the best. With Apple’s all new, 2nd-generation 64-bit A8-powered smartphones, the gorgeous 4.7-inch iPhone 6 and the stunning 5.5-inch iPhone 6 Plus, there’s never been a better time to stop settling for imitations and make the move to the real thing. You’ll be very glad you did.

Related articles:
Serial copycat Samsung takes South Korea’s stock market down with it – October 3, 2014
Survey: 27% of consumers ditching Samsung phones for Apple iPhone 6/Plus – September 23, 2014
Apple’s 64-bit iPhone 6/Plus fueling mass upgrades from Android – September 18, 2014

Apple posts new how-to guide: Switching from Android phone to iPhone – September 16, 2014

Reviewers fall all over themselves to praise Apple’s 64-bit iPhone 6/Plus – September 17, 2014
iPhone 6, iPhone 6 Plus tested at Disneyland: ‘So badass’ – September 17, 2014
Re/code reviews Apple’s 64-bit iPhone 6 Plus: ‘A statement phone,’ not a ‘plastic toy’ – September 17, 2014
Megapixels mean nothing: Apple iPhone 6 trounces Samsung Galaxy S5 in camera shootout – September 17, 2014
The Telegraph reviews Apple’s 64-bit iPhone 6 Plus: ‘It’s peerless’ – September 17, 2014
TechCrunch reviews Apple’s 64-bit iPhone 6: ‘The best smartphone available’ – September 17, 2014
USA Today’s Baig reviews Apple’s 64-bit iPhone 6/Plus: ‘Smartphone stars’ – September 17, 2014
Walt Mossberg reviews Apple’s 64-bit iPhone 6: ‘The best smartphone on the market’ – September 16, 2014
The Wall Street Journal reviews Apple’s 64-bit iPhone 6: ‘The best smartphone you can buy’ – September 16, 2014
Macworld reviews 64-bit iPhone 6 and iPhone 6 Plus: Bigger is better (in the right hands) – September 16, 2014

35 Comments

      1. The sad thing is, I am willing to bet that a lot of them are *not* paid. They do it simply in a wrong-headed attempt to belong to a group of like-minded people. And they call us the mindless, brainwashed lemmings!

        1. We know someone who gets paid to write good or bad reviews for various companies on websites—whichever they need. Sad but true. Though I agree Mel, there are some who are “wrong-headed.” Like PC users, they stay with these crappy products and attempt to convince people “Hell, Ain’t a Bad Place to Be” (as the old AC/DC song says).

    1. Makes you wonder what next year’s faux-crisis will be.

      Chip-gate, I’m thinking. NFC will interact with teeth fillings and people will get honky-tonk country radio stations playing non-stop until they snap.

      That’s my guess.

  1. Samsung is the key to the premium big screen Android market. You knock them off and that segment belongs entirely to Apple. Tim is a brilliant strategist. He gamed a way to expand the iPhone universe without selling out and building cheap, crappy products.

    1. So why are the analysts always talking about Apple being destroyed by stiff competition from Samsung? Apple has been downgraded a number of times for that reason. They’ve claimed Samsung offers more smartphone models at more price points, better bang for the buck and superior specs. They’re clearly stupid or lying.

  2. Sound kinda nice, the real iPhone with the real Steve Jobs replacement is taking the preminum market.

    The Chinese knockoff of Steve Jobs with the fake iPhone is eating away at the Koreans wantabe Steve Jobs with their fake iPhone.

    Between a genuine iPhone rock and a fake Chinese iPhone hard spot is Samsung.

  3. Headline prognostication:

    “Seoul – Samsung today announced record smartphone shipments, beating analysts estimates by 140%”

    “Wichita – International Electronics Recycling, based here, today announced upgraded fiscal guidance for the current quarter on surging demand from unnamed Asian clients.”

  4. SameDung had its nice little run but now it’s “Turn out the lights, the party’s over~~” The thought of the slimeballs that run this despicable company squirming in their seats as it all comes unraveling is rather pleasant indeed.

  5. The universe is now correcting it’s Android mistake and Apple’s right to be the true ascendent.

    I just love how headline after headline is kicking the passing wind out of Fandroid arguments leaving them with nothing except a cheap low end BOGOF Xiaomi phone. Apple been Therm-o-nuke-klee-atin’!

    Scamdung been Thermonuclatized for our protection!

      1. It’s not any more dangerous to use than any other touch screen radio.

        The one I have now is a Pioneer X930-BT. It has AppMode support for both the Android and iPhone versions of Pandora and Aha Radio, and it’s been out for a couple years. They haven’t been banned yet.

        I actually just got the radio in this video in the mail today. But I can’t install it yet because I’m waiting on an 11 pin MHL adapter I have to get to connect it to my Note 2.

        1. Too bad your pokey Korean phablet infected your cars braking system. Don’t expect an insurance payout either since they don’t cover against cheap Korean knockoffs.

        2. A cars stereo system has absolutely nothing at all to do with its brake system. You just have your power and speaker connections. That’s the only way it has any connection to your car. Has nothing to do with the hydraulics in your brake system.

          Thanks for that comment though. Love it when an iPhone idiot demonstrates their lack of knowledge.

        3. And love assholes that wouldn’t know sarcasm if it smacked in the face. Take a gander in the mirror, “a-hole”.

          Radio has nothing to do with brakes…….freekin’ priceless.

    1. I forgot to count how many times I heard the word “glitchy” in that video. It’s what you get when all you do is try to use an interface in a car that was meant to be used (only poorly) on a phone.
      My iPhone isn’t ‘glitchy’ at all, so I guess you’ll be sleeping for a long time.

    2. That’s a very nice system but you have to realize such system is too complicated for the average driving consumer. I knew people who got new automobiles with advanced sound systems and they couldn’t make heads or tails out of it by using the manual. Almost no one needs a mobile computer for an automobile sound system. I see they’re talking about viewing videos and stuff but that’s certainly not geared for attentive driving. You’re talking about texting and checking Facebook while driving which is illegal in every state in the U.S.

  6. Here in NYC there are still queues for the iPhone 6 every morning at every Apple store on Manhattan and Apple sell out in a few hours. Samsung’s store in Soho, around the corner from the Apple store, was closed on the weekend. No-one appeared to notice.

  7. I believe that is the point – the design a time rich design. Unless, the video covers the “Park” mode then it is too distracting for a driver. Regardless of it being no more dangerous than any other touch screen, without qualifications, lumping all interfaces together is too broad. However, a driver operating a conveyance at or near 60 MPH is looking at that screen for 88 FPS and that is longer than the average American house.

    Sorry, but that is a horrible design to attempt to trumpet. However, will admit it is great for people who like complexity and shiny pixels.

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