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30 Jul 2015 10:00:12
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Samsung's falling profits and shrinking market share

the Fifth quarter in a row, Samsung is demonstrating the loss of income and even Galaxy S6 failed to break this bad trend. Only in the second quarter of 2015 the company's revenues decreased by 7% compared to the same period last year, while the mobile division revenues declined by 38%. the "the sales of S6 and S6 Edge were lower than expected", — state in the company.

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the Fifth quarter in a row, Samsung is demonstrating the loss of income and even Galaxy S6 failed to break this bad trend. Only in the second quarter of 2015 the company's revenues decreased by 7% compared to the same period last year, while the mobile division revenues declined by 38%. the "the sales of S6 and S6 Edge were lower than expected", — state in the company.

the company's Net profit for April — June amounted to $ 5 billion, whereas a year ago the figure was 5.4 billion dollars. Compared with last year's sales in the second quarter of this year they fell by 7% to 41.6 billion. The operating profit of the mobile unit for April — June decreased from a score of 3.77 billion in 2014 to $ 2.4 billion.

Research firm IDC has concluded that Samsung remains the world's leading smartphone manufacturer, although the Koreans are the only one whose market share fell from 25% to 22%.

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