each new phone is more expensive, with less functionality.

hover on the touch screen? gone

iris scanner, gone

headphone jack? gone

air pressure sensor? gone

humidity sensor? gone

ir blaster, gone

meanwhile I get charged out the ass for storage space.

Why the fuck would I want a newer phone?

When money is tight you might use your phone for a year or two longer. 1000 Euro phones also don't help the matter.

Sorry. I'm just trying not to get evicted due to living in a country with the highest rent, internet, food, and data plan prices.

I've said it before and I'll say it again.

This is a sign of an upcoming recession if we aren't already in one. People are starting to run out of their savings due to stagflation and are looking for areas to cut. Buying a new phone every year or every other year and replacing laptops every 5 years are among the first things to go in anyone's budget.

So currently the only people refreshing their devices are the people who NEED new devices.

Capitalist economies always need spends out of desire and not just necessity.

Worst part is instead of reversing the gouging these companies will probably just go ham on the planned obsolescence.

Drops in profits can mean investments, new hires and a myriad of other stuff. No meaning in the headline whatsoever. Profits are not revenue.

Foldable devices seem like the 3d TVs of the last couple of years. I will not be getting one any time soon.

Maybe they could stop taking features away from their phones. Put a micro SD and aux jack back and I'd buy one

As a Samsung user of 6 years, mainly due to job phone policy, I say they deserve it.

Great screens, but gawddamn they aren't worth their price. No charger, no headphone jack, no expandable storage, fingerprint sensor that are iffy and damn OS taking up 30% of your storage, no matter which option you go for.

I like the camera and s-pen on my S22u but that's it. They need to lower price and make competent mid range phones again, like the A52s.

They still made around $1/2 BILLION.

I love how every headline about their earnings focuses on the drop from before and not on the actual number they made.

Boo-fucken-hoo the record profits they were making the last few years couldn't be sustained forever. Oh noes!1!!!

And remember, nobody is actually losing money, they just aren't making as much as they'd hoped. You make shitty products and you homogenized with Apple losing anything that made you distinct and close to worthwhile. Fuck Samsung, all my homies hate Samsung.

Yeah, this is the chaebol system at work. The Faustian deal between these megacorps and the citizens of South Korea means that it is impossible for Samsung to fail or to be accountable for their bad business decisions. South Korea is the most developed cyberpunk technofeudalistic society.

Who could know that refusing to patch critical bugs or, for that matter, to put any effort at all into software while constantly raising product prices would piss off the customers? It’s a mistery!

Lol everyone commenting it's because THEY don't want to buy a new phone. Samsung supplies screens, electronic internals for other companies, and a fuck ton of appliances. They don't only make phones..

Samsung sucks and most corporations in tech have horrible practices. At least the big ones. Profits over people is there motive. Tech should be human friendly

Numbers must only go up... no down

I used to be a huge fan of Samsung and it was the only things I bought. They aren't any better than competing brands and looking back now brand loyalty is just really dumb especially when the companies don't give a flying fornication about you. Buy something that works and in your budget. No more Samsung purchases from me.

I don't even want to buy a new phone. It's been more than four years. What great productive work are most people doing on them anyway?

I stopped buying Samsung when they started with the Knox bullshit. I saw it as an anti-consumer move.

I know personally that I would never buy a Samsung phone again. The budget models are filled with ad/crapware. The premium models are expensive, gimmick laden and bad value.

The chairman of Samsung is a convicted criminal, by the way. Pardoned by the totally not corrupt president. Apparently he's such a genius that laws don't apply to him.