back to article Smoking hot Galaxy S8 and storage sales fire Samsung to flaming brilliant quarter

Samsung Electronics has reported a record second quarter in which it hauled US$54.8bn through the door, $12.86bn of that profit. The company found good news to share across most of its business units. The company’s memory business revelled in strong demand for RAM and solid state disks destined for servers. That same strong …

  1. Arctic fox

    About the only fire-based pun you didn't throw in there Reg........

    ...........was a reference Samsung's burning ambitions.

    1. Anonymous Coward
      Anonymous Coward

      Re: About the only fire-based pun you didn't throw in there Reg........

      Things are starting to heat up for Samsung and to be fair the article points out that with the new note some people won't want to get burnt.

  2. Anonymous Coward
    Anonymous Coward

    I should hope that the S8 is successful

    given the amount that they must have spent on TV Advertising in recent months and that those adverts used young, attractive female millenials in almost every shot.

  3. alexmcm

    Tech company has business model not based of selling adverts shocker

    It's getting a bit strange all these companies building huge profits from just selling advertising, e.g. facebook, google, and just about every game app developer. So it's quite refreshing to hear it is possible to make money actually making tangible things, not just pushing adverts in peoples faces. Personally quite tempted to get the Note 7 Fan edition, but just worried about airlines freaking out about allowing Note 7's on board.

    And What is the story with game apps pushing adverts, which are usually just for other game apps, which, if you install them, push more adverts for other game apps. I assume they are all paying each other for showing each others ads, but at some point, somehow, they have to actually get money? Is it the one in 10, genuine ad that appears, usually for a car maker or fast food joint. that greases the whole game app to game app advertising model? Or do they make enough from in-app purchases? I don't think so, as they seem way more focused on making you watch ads than in-app purchases.

  4. Cuddles Silver badge


    "punters reluctant to acquire mid-range phones"

    That's because what most manufacturers now consider a mid-range phone is really no such thing. With flagships pushing their way to four figures, a supposedly mid-range phone can now cost £500 or more. Here's a quote from Wiki about their latest "mid-range" Galaxy A-series:

    "this model was never sold in that region because it was being deemed too expensive and also due to near-direct competition against Samsung Galaxy S7."

    Samsung didn't even bother trying to sell it in Europe because it was obvious no-one wanted to buy a "mid-range" 6" phone that costs the same as their flagship. The slightly smaller A5 still costs nearly £400. People aren't buying mid-range phones because as far as actual consumers are concerned, mid-range means no more than £200, maybe £250 at a push, and there are plenty of perfectly decent phones available at the price.

    The problem is essentially that the top-end phones keep getting more expensive, but the low end hasn't moved at all. The people who want a cheap phone can have one for <£100, the people who are happy to pay a bit more can get a very good one for <£250, and the people who want the best phones available are now paying £800+, There's simply no market for anything in between; no-one wants to pay £500 for something that isn't the best, and is hardly distinguishable from something half the price.

  5. djstardust

    Super profits ....

    But putting up the price of your handsets by £80 to £100 every new release will put customers off.

    The original Galaxy S was £400 now we're hitting £900 for the current equivalent.

    Ripping punters off does generate money ..... in the short term.

  6. David Roberts

    Apparently some firms

    Really are too big to fail.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon

Other stories you might like