A new report from Bloomberg indicates that Apple’s global mobile market share gains can be attributed to Samsung missing analysts’ shrinking sales estimates. 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.
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“….indicates that Apple’s global mobile market share gains can be attributed to Samsung missing analysts’ shrinking sales estimates”
Your title and statement appear to be backwards. I believe you mean to say that Samsung’s missed estimates can be attributed in part,to Apple’s global market share gains.
But Apple is still doomed because it’s claimed that consumers will only buy low-cost Android smartphones with large displays. So, basically the iPhone is said to have no place in the smartphone industry, especially in China where additionally no consumers can afford to buy iPhones.
/s
I honestly don’t think Samsung is going to be able to sell the Galaxy S5 in high numbers because although the Galaxy S4 was a fine flagship smartphone most consumers didn’t need such a full-featured smartphone and many non-tech consumers simply bought the older model Galaxy SIII which was practically being given away by carriers. The Galaxy SIII was more than satisfactory for users. So, I can’t possibly imagine what Samsung is going to add to the Galaxy S5 to make it more appealing. They won’t make the display any larger so all they can do is add more unusable features which will prove nothing or add a faster processor although the S4’s processor was already fast enough. Samsung is butting up against the law of diminishing returns finally. I guess it was inevitable.
Samsung phones might not be the cheapest but they’re cheaper than apple and “cheaper phones that aren’t of the Samsung variety tend to break very easily. Consumers will probably come to realise that after a while. Samsung could probably afford to sell them a little cheaper as well.