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Samsung’s gears up to release the Samsung Galaxy Watch

08 July 2018

Now that the Samsung Galaxy S9 has been on the market for months now, some folks are turning their attention to what's coming next, even leapfrogging the upcoming Galaxy Note 9 that's scheduled to be unveiled on August 9. It is not hard to imagine the reasons why Samsung is expected to experience a awful quarter, because according to analysts, the reason for the drop in profit is lackluster Galaxy S9 sales.

During its recent earnings report, Samsung revealed that it has made around $13.2 billion in operating profit from a gross revenue of $51.8 billion.

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However, Ronaldo backtracked on those comments in the days following, and has not spoken about his club future since. Real Madrid issued their denial after Spanish sports dailies Marca and AS ran articles citing the posting.

South Korean telecom giant Samsung Electronics on Friday flagged a 5.2 percent rise in second quarter operating profit from a year earlier, missing analyst estimates. That wasn't actually surprising considering how little Samsung changed between the Galaxy S9 and its predecessor, but now it looks like that's eating into the bottom line for the company.

Samsung has struggled with "weaker-than-projected sales" of its Galaxy S9 smartphones, according to Bloomberg, which have reportedly sold the lowest of any flagship Samsung smartphone since 2012's Galaxy S3 with expected shipments of 31 million units this year.

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Samsung warned in April that second-quarter profits in its mobile business should decline sequentially.

In January, reports claimed that Samsung was looking to set the Galaxy X launch this December or early 2019. These OELD displays are said to be 7.3-inch wide while unfolded and 4.5-inch in folded state. The device will employ foldable display panels, which is expected to go into mass production this summer. "They will provide a good experience to consumers if we make them well", Koh said at the time.

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Samsung hopes its foldable phone would improve its profit.

Samsung’s gears up to release the Samsung Galaxy Watch