Samsung Q3 2014 earnings reveals a sharp decline in its smartphone sales

Provided, the stiff competition prevailing in the global smartphone arena, Samsung Electronics has reported its third quarter earnings, representing stark decline in profits, by almost 49 percent compared to the last year. Global profits registered at $3.9 billion, which is in accordance with the guidance Samsung had previously issued. Revenues steeped by almost 20 percent to $45 billion when compared to the third quarter previous year.

Samsung Q3 2014 Operating Profit Revenue

Samsung’s profits from its mobile business has hit a 3-year low, though it witnessed a rise in the TV and memory divisions. The company is taking each step with great caution, towards the fourth quarter, due to holidays and shopping season.

Do you have any prediction regarding Samsung’s performance towards the fourth quarter, given the holiday season? Will the business take off?

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11 Comments on "Samsung Q3 2014 earnings reveals a sharp decline in its smartphone sales"

 

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krish
October 31, 2014 2:26 pm 2:26 PM

Samsung should decrease prices keeping in view of market competition. Personally I am not satisfied with Samsung. I own a galaxy grand duos which costed me rs 20000. But the phone just received one major update from 4.1.2 to 4.2.2. The 4.2.2 update is buggy one. Samsung should atleast give updates for phones that cost rs 20000. I am not gonna buy a Samsung phone again.

Sudhakar
October 31, 2014 2:58 pm 2:58 PM

You do not know about the shameless limitations of android 4.4 and later.

You cannot use any third party apps to store, copy, delete or rename any files in / to the memory card in android 4.4 and later. Also you cannot control the flight mode by any third party apps like PROFILE SCHEDULER+ in android 4.3. Keep this in mind and be happy that you are using 4.2.2. I think you can move the apps to the SD card in 4.2.2. Then why do you want to upgrade?.

krish
October 31, 2014 9:16 pm 9:16 PM

atleast they should be giving proper 4.2.2 update. their 4.2.2 update is full of bugs. so that phone hangs a lot. so i reverted back to 4.1.2

arka
October 31, 2014 2:15 pm 2:15 PM

“WHAT IS NXT?”

next is, being NOKIA!! LOL…….. 🙂

mausam singh
October 31, 2014 10:51 am 10:51 AM

I’ll never buy samsung….still waiting for kitkat update on mega 5.8

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