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Print 39 comment(s) - last by retrospooty.. on Jul 12 at 2:06 PM

Samsung once again gets cold feet when launching a Tizen smartphone

General consumers haven’t had much experience with Samsung’s Tizen mobile operating system. Tizen is currently shipping on Samsung’s Gear 2 and Gear 2 Neo smartwatches (the company also offered a Tizen OS upgrade for the original Galaxy Gear). However, most are awaiting the release of Tizen on the high-profile smartphone stage.
 
That moment was supposed to happen yesterday at a launch event held in Moscow for Tizen developers. However, Samsung backed out of its plans for launching the Samsung Z in Russia. Instead, Samsung issued a statement, which read in part, “the smartphone will appear on the Russian market later, when we can offer our users a fullest portfolio of applications.”
 
For developers that are actually trying to embrace the Tizen platform, this was definitely a setback, and likely not very encouraging. After all, this is the second time that Samsung has botched the launch of a Tizen-backed smartphone. Earlier this year, Samsung cancelled plans to launch a Tizen smartphone in Japan just days before it was supposed to go on sale.
 
But while the Samsung Z didn’t launch at the Moscow event, Samsung execs were on hand to extol the virtues of using Tizen. However, even company execs weren’t exactly brimming with optimism, with Samsung’s Dmitry Anosov stating, “The most obvious advantage [of developing for the Tizen phone] is that you’ll be at the top in a half empty store on a decent premium device.”


Samsung Z
 
That “decent premium device” is powered by a 2.3GHz quad-core Intel processor (paired with 2GB of RAM) and includes a 4.8” 720p display. Other features include 16GB of storage space, a microSD slot for storage expansion, an 8MP rear camera, front-facing 2MP camera, and a fingerprint sensor.
 
When Samsung first announced the smartphone in early June, marketing chief DJ Lee said that the Samsung Z would allow the company to “[Enhance] the mobile experience of consumers with innovation that is both personal and unique to their needs.” However, it now looks as though consumers will have to wait for an undetermined length of time to get their hands on Tizen.
 
With no concrete date set for the Samsung Z’s launch, developers are still trying to stay optimistic. “Think of the potential Samsung can give you in a new store and the profit you could be making, while in the iOS and Android stores, your app would be drowning,” said Denis Khitrov, who is the COO for MedM. “If this train starts moving, there may be no stopping it.”
 
Well, it’s time for Samsung to release the parking brake.

Source: The Wall Street Journal



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RE: Gotta Laugh
By Reclaimer77 on 7/11/2014 2:50:11 PM , Rating: 1
Dude seriously, what is wrong with you?

Samsung is in a bind? Let me hit you with some facts. Samsung outsells Apple and the next 4 OEM's combined.

Also, since you seem to be all about profits, Samsung's handset division has been in a see-saw battle with Apple's for years now. Yes, Samsung's handset division is often MORE profitable than Apple's.

If that's being "in a bind", there's a whole lot of companies who would LOVE to be in such a position!

These sources you link us and obviously read yourself, are just the worst. Seriously, why do you believe such nonsense?

These writers you constantly source, they're good writers. They make compelling arguments, and they rationalize their analyses well. But underneath it all, is a complete and utter Apple homer. Who's whole world, much like yours, seems to revolve around that company.


RE: Gotta Laugh
By Mitch101 on 7/11/2014 3:32:41 PM , Rating: 2
Samsung Says It's Losing Money Because of China
Link wont post

Hence probably the main reason for Samsung making Tizen.

Samsung's latest earnings show that the South Korean technology manufacturer's profit declined 24 percent from last year, and the company blames the slowing smartphone market and competition from China.

Samsung made a statement that its lackluster forecast was based on the slowing of the smartphone market and from competition in both China and Europe, according to the New York Times. Tablet sales were also "sluggish" and sales were made slower by larger-screened smartphones. The final nail in the coffin is the appreciation of the South Korean won against other global currencies.

Samsung also said that its promotions cannibalized profits, such as when Verizon Wireless offered a free phone if consumers bought a Galaxy S5. Other issues include a slowing smartphone market because fewer people want to upgrade.

Samsung does offer a number of phones at different prices, but its higher-end devices such as the Galaxy S5 competes directly with the iPhone -- which has now partnered with China Mobile. The lower-end phones are also being challenged by emerging phone manufacturers, and many are from China, such as Xiaomi and Lenovo. In the end, Samsung's losses seem to be tied to China.


RE: Gotta Laugh
By Reclaimer77 on 7/11/14, Rating: -1
RE: Gotta Laugh
By Mitch101 on 7/11/2014 8:51:45 PM , Rating: 2
Those are Samsungs own comments. By your logic Samsung is wrong about themselves?

Here is a different site
Samsung says operating profit fell by 24 percent, as smartphone growth slows
http://tech.firstpost.com/news-analysis/samsung-sa...


RE: Gotta Laugh
By Reclaimer77 on 7/12/2014 3:15:59 AM , Rating: 2
I'm not sure how much simpler I can put it. Not making as much profit as you would have liked, is not the same as "losing" money....

Their analysts are being WAY too optimistic. Like when they predicted 100 million Galaxy S4 unit sales. Not even remotely in the ballpark.

And I thought I was a raging Samsung fanboi. Shouldn't I be taking their every word as gospel? Hmmm....


RE: Gotta Laugh
By retrospooty on 7/12/2014 9:45:14 AM , Rating: 2
You are mixing up a few things Mitch. When looking at profit, typical financial analysts look at profit vs. plan. profit vs. previous year (same quarter), and simply profit. The former 2 matter alot to investors, as they affect stock price in a more immediate way.

Samsung didn't make plan, and didn't make as much as last year, but they still made a ton of profit. This is the same thing Apple is going through. Both companies were growing so insanely fast for the past 5 years, the path was unsustainable. At the rate they were growing, by the year 2025 the whole planet would be owned by one of the two companies. Growth had to slow. If both companies stop growing entirely and stay perfectly flat, they are still going to last forever as both are at near record level profits, not only for themselves, but compared to any other company in history.


RE: Gotta Laugh
By Mitch101 on 7/12/2014 10:27:16 AM , Rating: 2
I didnt miss that at all but your buddy Reclaimer did and everything I posted was not my words but Samsung themselves saying it.

There are a lot of companies people call doom on yet have major profits and 20+ years of stockpiling cash and can easily reinvent themselves if needed. Samsung is one of them they either have to expand to new markets or accept that saturation is here and maximize/optimize what they are doing to maintain that market share however Samsung does realize that competitors in certain locations are cutting into some revenue streams and they have made plans with Tizen to try and get some of that market. If they owned an app store they could reap even higher profits.

Samsung realizes there isnt much more you can put into a phone that can cause a buying frenzy its just incremental updates from here.

I think Samsung is being smart about acknowledging this and realize they have the cash to try bold new directions and become more than just a major hardware supplier. Hello Tizen.

Ill bet Tizen does very well in the Asian market.

The only thing I can think of preventing Samsung from expanding to new areas is patent ownership.


RE: Gotta Laugh
By retrospooty on 7/12/2014 11:19:41 AM , Rating: 2
Are we not reading the same thing?

Rec: "Samsung would like to make more profit, sure. But they aren't "losing" money."

Mitch: "Those are Samsungs own comments. By your logic Samsung is wrong about themselves - "Samsung says operating profit fell by 24 percent, as smartphone growth slows"

Profits down 24% is not a loss. It's a missing of target. That is all I was saying.


RE: Gotta Laugh
By tonyswash on 7/12/2014 11:36:44 AM , Rating: 2
Whether Apple and Samsung's mobile device businesses are stabilising or eroding is a very interesting question and one that will be answered empirically over the next eighteen months to two years. I think the writers I linked to make a good case for being more pessimistic about Samsung's outlook than Apple's but nobody knows for certain. What an interesting time it is for those interested in the tech industry.


RE: Gotta Laugh
By Cheesew1z69 on 7/12/2014 11:42:53 AM , Rating: 2
quote:
I think the writers I linked to make a good case for being more pessimistic about Samsung's outlook than Apple's but nobody knows for certain.
Gee, of course you do.


RE: Gotta Laugh
By retrospooty on 7/12/2014 12:13:34 PM , Rating: 2
LOL... Tony, with all due respect, and I mean this as a friend, not as an attack... You do not think clearly when it comes to Apple. Just food for thought.


RE: Gotta Laugh
By tonyswash on 7/12/2014 1:29:43 PM , Rating: 2
With all due respect you have a really bad habit of attacking people and not their ideas. It's not conducive to a good debate. One can debate with people of diametrically opposed ideas and change no ones mind and still come away intellectually stimulated and enriched. Encountering a diversity of ideas, even ones you profoundly disagree with, is good for ones mind.

I thought my comment about the relationship between Google and Samsung and it's possible impact on the future prospects for Samsung was reasoned and reasonable, it may be wrong, it may be right, but it would enrich the debate if people actually responded to the points other people are making rather than collapsing into name calling.

Sure if someone makes a juvenile of offensive remark reply in the same way but why not engage in real discussion when the opportunity arises? Otherwise what's the point of taking part in forums like this?

Off topic. Anybody looking forward to the final tomorrow? I think Argentina have been very tedious to watch and if the game slips into a midfield stand off it will be very boring. I hope both sides play attacking football. I don't think I could bear another penalty shoot out :(


RE: Gotta Laugh
By retrospooty on 7/12/2014 2:06:16 PM , Rating: 2
Not meant as an attack, and I even said that. Honestly, Tony... When it comes to Apple and it's competitors can you really say that you are looking at things clearly and don't put in your highest of high hopes with Apple and your pessimistic thoughts on Apple's competitors? Apple stock will hit $1000, and Android is a disaster for Google are good examples of that.

I just meant that when Apple is involved, you aren't playing with a fair deck, so to speak. That isn't a shocker to anyone here, not even you. I mean come on now, you can take an honest look.

Anyhow on topic, Google, Samsung and Apple all 3 have immense fortunes and their "irons in alot of fires". None of the above are in any trouble and wont be in the foreseeable future.


RE: Gotta Laugh
By Reclaimer77 on 7/12/2014 12:11:52 PM , Rating: 2
I don't know what this guy's issue is. He's either incredibly stupid, or his bias is twisting reality to suit his agenda. Like Tony is doing.

I suspect the latter.

I just don't see how it's credible at all to state Samsung "lost" money. Even IF it's Samsung saying it.


RE: Gotta Laugh
By retrospooty on 7/12/2014 12:14:52 PM , Rating: 2
Yeah, I am not sure if he is missing it entirely, or just trying to make a totally different point and wording it badly.


RE: Gotta Laugh
By melgross on 7/11/2014 11:16:53 PM , Rating: 2
What are you talking about? Samsung makes one third as much profit selling cell phones as Apple does. Apple sells almost three times as many high end phones as Samsung. Most of their sales are low end to low mid price phones, and they are now getting killed in the low price market in China and other places by Chinese manufacturers.

They are being squeezed in the high end by Apple, and the low end by cheap manufacturers. Their profits have slipped for three quarters now, and will be slipping again this quarter. You can easily look this up for yourself, if you really want to know.


"And boy have we patented it!" -- Steve Jobs, Macworld 2007














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