Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
Following Apple's Record Quarter Announcement, Samsung Reports Profit Drop
On the heels of an earnings call that saw Apple announcing record earnings, rival phone maker Samsung today announced its own results for the October to December period, reporting a 27 percent quarterly decline in earnings.
Samsung saw net profit of 5.3 trillion won ($4.9 billion), compared to 7.3 trillion won last year, marking its first annual earnings decline in three years and its fifth consecutive quarter of decline. Apple, meanwhile, announced record earnings of $18 billion, largely due to the success of the iPhone 6 and iPhone 6 Plus.
Overall, Samsung's 2014 profit was at 25 trillion won, down from 36.8 trillion won in 2013. Samsung did not announce mobile sales numbers, but Apple sold a record 74.5 million iPhones during the quarter.
Market research has suggested that Apple's share of the smartphone market in Asia rose dramatically after the launch of the 4.7-inch iPhone 6 and the 5.5-inch iPhone 6 Plus. According to a recent report, Apple gained significant share in Japan, China, and South Korea, countries where Samsung has previously dominated due to demand for big screen smartphones.
While Samsung's mobile sales were down 64 percent year over year, its semiconductor division earned 2.7 trillion won due to high demand for the chips that it sells to companies like Apple, boosting earnings from the previous quarter and helping it meet guidance and beat analyst estimates.
Chip maker Qualcomm also reported its own earnings today [PDF], and noted the loss of a major customer thought to be Samsung. Samsung's Galaxy S6 is unlikely to feature the Snapdragon 810 processor due to issues with overheating, and the South Korean company may opt to use its own chips instead.
Samsung expects continued growth in its mobile division in 2015 in emerging markets, and it also plans to introduce "new materials, innovative design, and differentiated features" in its devices to drive sales.
Samsung saw net profit of 5.3 trillion won ($4.9 billion), compared to 7.3 trillion won last year, marking its first annual earnings decline in three years and its fifth consecutive quarter of decline. Apple, meanwhile, announced record earnings of $18 billion, largely due to the success of the iPhone 6 and iPhone 6 Plus.
Overall, Samsung's 2014 profit was at 25 trillion won, down from 36.8 trillion won in 2013. Samsung did not announce mobile sales numbers, but Apple sold a record 74.5 million iPhones during the quarter.
Market research has suggested that Apple's share of the smartphone market in Asia rose dramatically after the launch of the 4.7-inch iPhone 6 and the 5.5-inch iPhone 6 Plus. According to a recent report, Apple gained significant share in Japan, China, and South Korea, countries where Samsung has previously dominated due to demand for big screen smartphones.
While Samsung's mobile sales were down 64 percent year over year, its semiconductor division earned 2.7 trillion won due to high demand for the chips that it sells to companies like Apple, boosting earnings from the previous quarter and helping it meet guidance and beat analyst estimates.
Chip maker Qualcomm also reported its own earnings today [PDF], and noted the loss of a major customer thought to be Samsung. Samsung's Galaxy S6 is unlikely to feature the Snapdragon 810 processor due to issues with overheating, and the South Korean company may opt to use its own chips instead.
Samsung expects continued growth in its mobile division in 2015 in emerging markets, and it also plans to introduce "new materials, innovative design, and differentiated features" in its devices to drive sales.
Tag: Samsung
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58 months ago
Am I the only one that noticed Samsung really hasn't come out with any new commercials attacking Apple since the iPhone 6/6Plus has come out? I think the popularity of those devices took Samsung by surprised. Now, they are looking stupid because Apple is getting the last laugh. That's why it's not good to try to bully people, because in the end, you look like an ass!
58 months ago
Before people go off on one, please remember the actual results of shipped phones worldwide by Samsung is much higher than Apple:
http://www.cnet.com/news/samsung-global-smartphone-share-falls-as-apples-remains-static/
In fact Apple has remained stagnant, Samsung has dropped, and all the other manufacturers have increased their numbers... Apple has a very long way to go to be worldwide number one.
No one said they have to be number 1. But everyone that owns an iPhone knows this to be a fact.
58 months ago
Before people go off on one, please remember the actual results of shipped phones worldwide by Samsung is much higher than Apple:
http://www.cnet.com/news/samsung-global-smartphone-share-falls-as-apples-remains-static/
In fact Apple has remained stagnant, Samsung has dropped, and all the other manufacturers have increased their numbers... Apple has a very long way to go to be worldwide number one.
Samsung can sell all the phones they want. They still need to make money. And there, my friend, Apple is number one, two, and three.
If Samsung sold their copycat phones for $5 I'll bet they could crow about unit sales numbers all the way to bankruptcy court. After which they wouldn't be making any.
58 months ago
Ahu... sure whatever you say :rolleyes: and that's why Apple get's away with making 40% profit on each one sold.
What's wrong with that? Don't buy one if that's a problem for you...simple.
58 months ago
That's because of the 40% profit Apple makes on every phone sold, one day people will realise that. And as for the insult of Samsung copying, such a funny hypocritical comment, considering the Apple Phablet that rips off Android completely in conception.
How nice for you to be so far ahead of all of us fools throwing our money away. And how evil of Apple to copy Samsu...HTC by ...of all the nerve...increasing the size of their phone!! Don't they know only Sams...HTC can be allowed to make anything over five inches? It's downright criminal!!
Stop embarrassing yourself.
58 months ago
Before people go off on one, please remember the actual results of shipped phones worldwide by Samsung is much higher than Apple:
http://www.cnet.com/news/samsung-global-smartphone-share-falls-as-apples-remains-static/
In fact Apple has remained stagnant, Samsung has dropped, and all the other manufacturers have increased their numbers... Apple has a very long way to go to be worldwide number one.
And a continued drop in iPad sales is nothing to celebrate either. Apples big sales boost has come from China, the market it just entered. So if the chart in my link is anything to go by, it is other manufactures who have taken Samsungs share and not Apple.
Apple dominates Samsung in the market they compete in. Samsung is the current leader in low-end pseudo smartphones, but how long will that last? all those growing competitors you mentioned are not taking sales from Apple they are hitting Samsung and hitting Samsung hard.
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