Monday, 19 November, 2018

Samsung's Galaxy S9 is its least popular phone since the Galaxy S3

Samsung Galaxy S8 Samsung is reportedly developing a curved battery for its foldable phone
Olivia Ford | 07 July, 2018, 03:00

In fact, Apple should be in a worse place as smartphone sales dry up.

The Korean electronics giant said Thursday that it expects to record an operating profit of 14.8 trillion Korean won ($13.2 billion) for the three-month period ended June 30, an increase of 5 percent over the year-ago-period.

After almost a year of breaking profit records, Samsung has today released earnings guidance for Q2 with a notable dip attributable to lackluster Galaxy S9 sales. The more recent tweet says the Galaxy Watch will run Wear OS, so we lean towards that being the case.

Samsung shares are down about 12 percent this year on concerns over slowing profit growth and a lack of technological innovation to drive smartphone sales.

Ice Universe, a leaker who has done a terrific job spoiling Samsung secrets, thinks the Galaxy S10 won't come in January as expected, because Samsung might unveil the Galaxy X at the CES 2019 trade show in Las Vegas. Xiaomi continues to be strong in China and India, two important markets in terms of smartphone sales. We've been seeing rumours on the folding Samsung Galaxy X trickle out for a few months, and more recently some bits and pieces about the Galaxy S10. The firm did not elaborate and will release detailed earnings in late July. Early leaks point that the pricing of the device will be around $1000.

"It's a bit disappointing", Ko Gyeong-beom at Yuanta Securities Korea told AFP, noting the company had posted expectation-beating operating profits for several quarters.

The Korean conglomerate is said to have figured out a way to make large-capacity batteries that can store between 3,000mAh and 6,000mAh of power, reports ITHome.

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