Following Apple's Record Quarter Announcement, Samsung Reports Profit Drop

On the heels of an earnings call that saw Apple announcing record earnings, rival phone maker Samsung today announced its own results for the October to December period, reporting a 27 percent quarterly decline in earnings.

Samsung saw net profit of 5.3 trillion won ($4.9 billion), compared to 7.3 trillion won last year, marking its first annual earnings decline in three years and its fifth consecutive quarter of decline. Apple, meanwhile, announced record earnings of $18 billion, largely due to the success of the iPhone 6 and iPhone 6 Plus.

iphone_6_plus_6_side_by
Overall, Samsung's 2014 profit was at 25 trillion won, down from 36.8 trillion won in 2013. Samsung did not announce mobile sales numbers, but Apple sold a record 74.5 million iPhones during the quarter.

Market research has suggested that Apple's share of the smartphone market in Asia rose dramatically after the launch of the 4.7-inch iPhone 6 and the 5.5-inch iPhone 6 Plus. According to a recent report, Apple gained significant share in Japan, China, and South Korea, countries where Samsung has previously dominated due to demand for big screen smartphones.

While Samsung's mobile sales were down 64 percent year over year, its semiconductor division earned 2.7 trillion won due to high demand for the chips that it sells to companies like Apple, boosting earnings from the previous quarter and helping it meet guidance and beat analyst estimates.

Chip maker Qualcomm also reported its own earnings today [PDF], and noted the loss of a major customer thought to be Samsung. Samsung's Galaxy S6 is unlikely to feature the Snapdragon 810 processor due to issues with overheating, and the South Korean company may opt to use its own chips instead.

Samsung expects continued growth in its mobile division in 2015 in emerging markets, and it also plans to introduce "new materials, innovative design, and differentiated features" in its devices to drive sales.

Tag: Samsung

Popular Stories

Apple iPhone 16e Feature

Apple Announces iPhone 16e With A18 Chip and Apple Intelligence, Pricing Starts at $599

Wednesday February 19, 2025 8:02 am PST by
Apple today introduced the iPhone 16e, its newest entry-level smartphone. The device succeeds the third-generation iPhone SE, which has now been discontinued. The iPhone 16e features a larger 6.1-inch OLED display, up from a 4.7-inch LCD on the iPhone SE. The display has a notch for Face ID, and this means that Apple no longer sells any iPhones with a Touch ID fingerprint button, marking the ...
iphone 17 pro asherdipps

iPhone 17 Pro Models Rumored to Feature Aluminum Frame Instead of Titanium Frame

Tuesday February 18, 2025 12:02 pm PST by
Over the years, Apple has switched from an aluminum frame to a stainless steel frame to a titanium frame for its highest-end iPhones. And now, it has been rumored that Apple will go back to using aluminum for three out of four iPhone 17 models. In an investor note with research firm GF Securities, obtained by MacRumors this week, Apple supply chain analyst Jeff Pu said the iPhone 17, iPhone...
apple launch feb 2025 alt

Here Are the New Apple Products We're Still Expecting This Spring

Thursday February 20, 2025 5:06 am PST by
Now that Apple has announced its new more affordable iPhone 16e, our thoughts turn to what else we are expecting from the company this spring. There are three product categories that we are definitely expecting to get upgraded before spring has ended. Keep reading to learn what they are. If we're lucky, Apple might make a surprise announcement about a completely new product category. M4...
Generic iOS 18

Here's When Apple Will Release iOS 18.4

Wednesday February 19, 2025 11:38 am PST by
Following the launch of the iPhone 16e, Apple updated its iOS 18, iPadOS 18, and macOS Sequoia pages to give a narrower timeline on when the next updates are set to launch. All three pages now state that new Apple Intelligence features and languages will launch in early April, an update from the more broader April timeframe that Apple provided before. The next major point updates will be iOS ...
apple launch feb 2025

Tim Cook Teases an 'Apple Launch' Next Wednesday

Thursday February 13, 2025 8:07 am PST by
In a social media post today, Apple CEO Tim Cook teased an upcoming "launch" of some kind scheduled for Wednesday, February 19. "Get ready to meet the newest member of the family," he said, with an #AppleLaunch hashtag. The post includes a short video with an animated Apple logo inside a circle. Cook did not provide an exact time for the launch, or share any other specific details, so...
apple c1

Apple Unveils 'C1' as First Custom Cellular Modem

Wednesday February 19, 2025 8:08 am PST by
Apple today announced its first custom cellular modem with the name "C1," debuting in the all-new iPhone 16e. The new modem contributes to the iPhone 16e's power efficiency, giving it the longest battery life of any iPhone with a 6.1-inch display, such as the iPhone 15 and iPhone 16. Expanding the benefits of Apple silicon, C1 is the first modem designed by Apple and the most...
Apple Northbrook

Apple Store Permanently Closing at Struggling Mall in Chicago Area

Tuesday February 18, 2025 8:46 pm PST by
Apple is permanently closing its retail store at the Northbrook Court shopping mall in the Chicago area. The company confirmed the upcoming closure today in a statement, but it has yet to provide a closing date for the location. Apple Northbrook opened in 2005, and the store moved to a larger space in the mall in 2017. Apple confirmed that affected employees will continue to work for the...

Top Rated Comments

some1uDNTknow Avatar
131 months ago
Sounds like the Next Big Thing is not working out too well.
Score: 64 Votes (Like | Disagree)
nfl46 Avatar
131 months ago
Am I the only one that noticed Samsung really hasn't come out with any new commercials attacking Apple since the iPhone 6/6Plus has come out? I think the popularity of those devices took Samsung by surprised. Now, they are looking stupid because Apple is getting the last laugh. That's why it's not good to try to bully people, because in the end, you look like an ass!
Score: 44 Votes (Like | Disagree)
mcfinch Avatar
131 months ago
I guess people really did want bigger Apple phones.
Score: 42 Votes (Like | Disagree)
SoAnyway Avatar
131 months ago
Seems like Samsung found something they can't copy from Apple.
Score: 38 Votes (Like | Disagree)
luckydcxx Avatar
131 months ago
Before people go off on one, please remember the actual results of shipped phones worldwide by Samsung is much higher than Apple:

http://www.cnet.com/news/samsung-global-smartphone-share-falls-as-apples-remains-static/

In fact Apple has remained stagnant, Samsung has dropped, and all the other manufacturers have increased their numbers... Apple has a very long way to go to be worldwide number one.

No one said they have to be number 1. But everyone that owns an iPhone knows this to be a fact.
Score: 38 Votes (Like | Disagree)
Kabeyun Avatar
131 months ago
Before people go off on one, please remember the actual results of shipped phones worldwide by Samsung is much higher than Apple:

http://www.cnet.com/news/samsung-global-smartphone-share-falls-as-apples-remains-static/

In fact Apple has remained stagnant, Samsung has dropped, and all the other manufacturers have increased their numbers... Apple has a very long way to go to be worldwide number one.

Samsung can sell all the phones they want. They still need to make money. And there, my friend, Apple is number one, two, and three.

If Samsung sold their copycat phones for $5 I'll bet they could crow about unit sales numbers all the way to bankruptcy court. After which they wouldn't be making any.
Score: 21 Votes (Like | Disagree)