Skip to main content

Samsung fails to meet analyst expectations as Apple and others drive down profit margins


A new report from Bloomberg indicates that Samsung’s global market share losses can be attributed to Apple and others pressuring the company to cut its profit margins. As the rising popularity of cheaper smartphones erodes Samsung’s profit margin, the company continues to struggle to meet industry estimates. According to the report, Samsung also faces a new threat from Apple in China. Following the Cupertino company’s deal with China Mobile, Apple is expected to make tremendous gains in that country, further pressuring Samsung to drop prices in order to maintain any hope of competing in the market. This, in turn, will drive the Korean manufacturer’s profits even lower. Analysts are hopeful that the inbound Galaxy S5 can help balance out the company’s losses, but don’t expect that it will help Samsung regain its lost market share.

FTC: We use income earning auto affiliate links. More.

You’re reading 9to5Google — experts who break news about Google and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Google on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel