Jan 08 AT 1:33 PM Dima Aryeh 8 Comments

Samsung’s growth stagnates in Q4 2013 according to preliminary results

Samsung Logo 2

Samsung is a global giant and the king of Android, so it’s a bit surprising to see that the company’s growth has stalled in the last quarter of 2013. According to the preliminary earning results, Samsung’s profits are down a bit at 8.3 trillion won ($7.8 billion) compared to Q4 of 2012, when profit was 9 trillion won. Samsung also missed expectations of 10 trillion won in profits. In terms of sales, things are a little better. The number remains the same at 59 trillion won ($55.2 billion).

There are many possible reasons why Samsung has not had the most successful year. Saturation in the high-end market and better options in the low-end market could contribute to a drop in sales. It could also be stale hardware and software design. Fortunately, Samsung is still making a lot of money, so it isn’t all doom and gloom.

Hopefully 2014 will be better for Samsung. This year will seeĀ the release of some nice new PRO tablets and hopefully a UI redesign. A good refresh in software could make a big difference. But with Motorola working hard to make some amazing phones, we could see a new king of Android in the next few years.

Via: SamMobile

Source: Business Week

Dima Aryeh is obsessed with all things car and tech. His time is split between gaming and fixing his racecar. He also does photography in his spare time.

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  • jake

    Samsung is ignoring the Verizon development community and Motorola is catering to them. Samsung makes Developer Edition devices for Verizon but doesn’t release the files you need to restore them to stock. Motorola does. Samsung voids warranty for rooting, Motorola doesn’t. Samsung only gives a THIRTY DAY WARRANTY on developer phones, Motorola gives the same 1-yr warranty it gives retail units.

    In other words, Samsung sinking, Motorola rising. It’s a shame, because the sd card/removable battery are things I don’t want to give up.

    • Ichigo

      The most idiotic comment i have read in 2014. Youre an idiot if you think that this is why they made less profit.

    • Richard Yarrell

      Plain and simple Samsung is android period nothing else matters that’s for sure.

      At the end of the day Motorola, Htc, Sony, Huawei, and Google’s famed Nexus line products wish they were as successful or even relevant as Samsung

      • squiddy20

        Too bad without Google, Samsung would only have their half assed Tizen OS, as it is Google that truly owns Android. What a joke.

  • http://www.androidandme.com Dima Aryeh

    Is this the final nail in the coffin for Samsung? :P

  • Bart

    @Dima: Nail in coffin! Really? Come on now. After you reach your adult height and stop growing, that doesn’t mean you’ve stopped having anything to live for. Same with companies. That Sammy grew to reach a market saturation as quickly as they did and now that they have a lion’s share, their growth will obviously level out. Now if people stop buying the product, that’s another story. But I for one continue to favor Samsung phones. As another poster mentioned, I love the replaceable battery, the expandable memory, and more.

    (What if Sammy had 100% of the market? Their growth has no where to go. But their sales would still be strong.)

    • http://www.androidandme.com Dima Aryeh

      It was a joke. There is a guy who comments on all of our HTC articles and says “final nail in the coffin for HTC,” which is why I wrote that comment. Seems like a few people got the joke though!

      You probably know I’m a big supporter of Samsung, considering I’m the AAM Samsung fanboy.

  • donger

    Not bad.