As Bloomberg reported yesterday, Samsung released their earnings report for the quarter, and it was bad news all around for their mobile division.
Sales fell for the mobile division, and income did, too: income was down a whopping 30%. This was due to competition at the low end from Chinese manufacturers, as well as a Galaxy S5 launch that didn’t feature much innovation beyond a waterproof design, something Sony pioneered with the Xperia Z.
One quarter’s results doesn’t a trend make. So what does Samsung have to look forward to in the next couple quarters? Continue reading