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.
World Cup last-16 match report Sweden v Switzerland 03 July 2018
He was able to get a shot off on the turn, which sprung the Swiss keeper into life as he got down well to make a good save. And even when substitute Haris Seferovic did guide a header towards goal he was denied by a good save from Robin Olsen .
Apple Will Ship 90 Million 2018 iPhone Lineup Units Believes Analyst
Out of the three new iPhones for the year, two will jointly take the crown for users attention. In order to get the LCD handset to that price level, the company is obviously eschewing OLED.
Federer cruises into Wimbledon 4th round
Serena gave birth to daughter Alexis Olympia in September, while Rodina became a mother to Anna in November 2012. South African eighth seed Kevin Anderson and Frenchman Gael Monfils also reached the final 16 on Friday.
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.