Samsung sees 95% drop in profits for a second consecutive quarter - eviltoast

Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung’s profits have dropped considerably compared to last year.

  • rm_dash_r_star@lemm.ee
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    1 year ago

    Except Samsung has competition. Apple has blind loyalty.

    I need to replace my Samsung phone soon and I’m looking at Motorola. An Apple user just says I need to replace my phone soon. Then they get to spend an arm and a leg to do it.

    • ghostBones@lemmy.world
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      1 year ago

      Apple has blind loyalty

      I agree. However, I also think that vendor lock-in is the true culprit. The strange thing about Apple users is that they get locked into that platform and there is little escape, but instead of feeling resentful, they swell with pride instead. Apple user = proud capative.

      • szczuroarturo@programming.dev
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        1 year ago

        Its also beacuse Apple dosent have cheap tier of phones. So you have the classic went from a 100 dollar android to 1000 dollar iphone case. Like no shit sherlock obviusly extremly cheap phones are crap. Also for some reason the most common phone Brand on the planet is somehow treated like a status symbol. I would kinda uderstand sony phones being status symbol or samsung foldables but iphones But truth be told I really dont get Apple users. I tried one and other than it being really smooth (beacuse my Main phone is a cheap huawei) it was worse in every metric that mattered to me other than sound while costing 4 to 6 Times as much .

    • Thadrax@lemmy.world
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      1 year ago

      blind loyalty

      Maybe for some people. There is however a strong momentum to just keep using what you are used to, and Apple has done a great job in that regard. Stuff just works and it keeps working mostly the same and even switching to a new device is almost effortless. Plus their design guidelines for apps is providing a pretty consistent user experience, zero tinkering required. Which is what a lot of people like.