https://wccftech.com/samsung-dwindling-profit-second-quarter-2018/

Samsung will reveal its operating profit for the second quarter of 2018 this Friday. It is not hard to guess what the report will contain because the smartphone market has stagnated and device manufacturers have seen their profits jump since the first quarter of this year and the second quarter sales are expected to be even lower than the 2 percent drop in the first quarter.

Experts have attributed the dwindling sales of Samsung to two factors, one external and one internal. Samsung failed to perk up the excitement of consumers with its latest offerings which had a direct effect on its sales figures. Even though the Galaxy S9 and Galaxy S9 Plus series featured better hardware specifications and features than the previous generation, it was only marginally different and this wasn’t sufficient to make most people upgrade their phones. Even though Samsung is counting on the upcoming Galaxy Note 9 to turn things around, various reports have claimed that the Note 9 series will not be a lot different than its predecessor.