In fact, Apple should be in a worse place as smartphone sales dry up. It is not hard to imagine the reasons why Samsung is expected to experience a disgusting quarter, because according to analysts, the reason for the drop in profit is lackluster Galaxy S9 sales.
"It is going to be tough".
"We expect weak Galaxy S9 sales to be the main driver of the quarter-on-quarter earnings decline", Daiwa Capital Markets analyst S.K. Kim said.
Why it matters: Apple's iPhone X might have popularized the notch among Android manufacturers, but the expensive flagship wasn't Cupertino's most successful handset in May.
Ice Universe, a leaker who has done a terrific job spoiling Samsung secrets, thinks the Galaxy S10 won't come in January as expected, because Samsung might unveil the Galaxy X at the CES 2019 trade show in Las Vegas.
Ousted Pakistani PM Nawaz Sharif sentenced to 10 years in prison
After much delay, the accountability court of Islamabad on Friday finally announced the verdict. But the military ended Sharif's second stint in power in 1999 in a bloodless coup.
Vettel was headed by personal credit, Ferrari in the constructors ‘ championship
And on the battle with Ferrari , Hamilton admitted: "It's going to be very, very close this weekend, the Ferraris are really fast. I don't know if that's two or 10, or somewhere in-between.
Ricciardo upset by 'unfair' Red Bull tactics
In a critical error, Mercedes chose to keep race leader Lewis Hamilton out and their victory hopes quickly unravelled from there. The mistake coupled with Red Bull boldly stacking its own drivers played right into Verstappen's hands.
Samsung has since acknowledged its plan to expand its smartphone portfolio.
"It's a bit disappointing", Ko Gyeong-beom at Yuanta Securities Korea told AFP, noting the company had posted expectation-beating operating profits for several quarters. It will disclose detailed results in late July.
Other reported features include a 470 mAh battery, blood pressure measurement, and a PLP package that'll allow for smaller components inside the watch.
During its recent earnings report, Samsung revealed that it has made around $13.2 billion in operating profit from a gross revenue of $51.8 billion.
The high cost of chips has hurt many electronics makers, with Chinese manufacturers among the hardest hit as they operate at lower margins than rivals.