this post was submitted on 29 Jul 2023
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Samsung sees 95% drop in profits for a second consecutive quarter (www.androidauthority.com)
submitted 1 year ago by L4s to c/technology
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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.

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[–] Wreckronomicon 16 points 1 year ago (1 children)

I couldn't agree more. I have a Zfold 2 that I've had since launch (3 years) and I look at the phones on offer now that I have an upgrade available and I see no reason to upgrade to a new phone for a marginally better camera and processor, there hasn't been enough innovation in mobile tech in that time to warrant paying another £1000+ over another 3 years, I'll rock this phone phone until it dies the same way I did my Note 9.

[–] jerkjaguar 3 points 1 year ago (1 children)

I'm in the same boat. I've still got an S10 from launch, although it's noticeably wearing down in performance now. I'll wait to the holiday season to see if I can get a deal on a new Samsung. At that point I'll have used the s10 for almost 5 years. Used to get a new phone every other year but that's not needed or wanted now.

[–] Wooly 4 points 1 year ago

Hell, I've had a £100 phone for 3 years already and it's absolutely fine. I've noticed a little battery degregation but it still lasts a whole day. Plus a cheap batter change will make it last year's more. I can't understand why anyone would still sing those contracts for a new phone every 2 years.