All Articles Tagged "Samsung"
Things aren’t looking too good over at Samsung. The tech giant recently announced its earnings and they were worse than many expected.
The Korean company’s operating income was $7.1 billion, a 24 percent drop on a year-over-year basis. And sales were down 10 percent. It has been a challenging year for the company as it struggles to take market share from Apple. It also have major competition from Chinese phone manufacturers and knock offs that sell much cheaper than Samsung’s typical $500 price tag but otherwise offer similar services, reports Business Insider.
One option for Samsung is to concentrate on its tablets. Tablets are hot products right now. In fact, they are expected to outsell PCs in 2015. Just in time, Samsung’s Galaxy Tab S will hit the market July 12 and has already gotten great reviews.
According to technology research firm Gartner, worldwide tablet shipments (or units sold from manufacturers to retailers) will jump from 256 million in 2014 to nearly 321 million in 2015. Desktops and laptops will decrease from 276 million this year to under 262 million in next year. This development was actually predicted in 2010 by none other than late Apple co-founder Steve Jobs who called the shift to tablets the “post-PC” era and compared desktops and laptops to trucks.
“We were an agrarian nation, all cars were trucks because that’s what you needed on the farm. But as vehicles started to be used in the urban centers and America started to move into those urban and then suburban centers, cars got more popular,” he said at the time. “PCs are going to be like trucks. They’re still going to be around. They’re still going to have a lot of value, but they’re going to be used by one out of X people.”
Emerging markets and consumer taste for lower-price devices are also pushing tablet growth, Ranjit Atwal, research director at Gartner, told The Los Angeles Times. He says there will be an increase in tablets being sold for less than $100.
Atwal also predicts the move will be toward tablets with screens larger than four or five inches and the market for small-sized tablets will drop with the increased sales of smartphones.
“Now that you’re phone is getting bigger, you’re kind of replacing the activities of a 7-inch tablet,” Atwal told The Times by phone. “So now you might have a 6-inch screen phone and a 10-inch screen tablet. It’s an interesting mix and match of screen sizes.”
Two tablet titans tie the knot! A beautiful marriage between Barnes & Noble’s Nook Media and Samsung spawns the birth of the Samsung Galaxy Tab 4 Nook, a 7-inch tablet built to rival the unconquerable iPad, GalleyCat reports.
After Barnes & Noble had an embarrassing holiday season with a 60 percent drop in Nook sales, the bookseller enlisted the help of Samsung. After all, when comparing launch weekend sales, Samsung Galaxy S5 actually managed to outsell the iPhone 5S. So who better than Samsung to help Nook Media get back on its feet?
The new device will combine the hardware of Samsung’s Galaxy Tab 4 7.0 and Nook’s software, which includes access to B&N’s collection of more than three million books, newspapers, and magazines. “Leaving the hardware design to Samsung allows Barnes & Noble to focus on its own software and Nook content sales,” CNET explains.
“Standing behind these great new devices will be the power of our 40,000 Barnes & Noble booksellers combined with our deep bookselling and retail expertise to provide sales support and personalized in-store customer service for our lineup of new Samsung Galaxy Tab 4 Nook products,” says Mike Huesby, Barnes & Noble CEO, according to Mashable.
Huesby, in a press release distributed on Thursday, noted that Barnes & Noble will continue to sell the Nook Glowlight e-readers and offer customer support to older devices.
Taking a look at the specs, the Samsung Galaxy Tab 4 Nook isn’t much to boast about. However the e-reading crowd isn’t necessarily too gung-ho on top-shelf hardware anyway:
-3-megapixel rear camera
-1280×800 resolution display
-1.3-megapixel front-facing camera
-Android 4.4 KitKat with Nook software
-8GB or 16GB storage’
-1.2GHz quad-core CPU
As for the pricing, that remains a mystery for now, but tech pundits expect the hybrid e-reader to sell between $150 and $200.
“Barnes & Noble hopes the move will help revive sales of its flailing e-reader, while Samsung hopes adding another feature to its multi-use tablets will give it an edge over the iPad,” CSMonitor said.
In a highly saturated tablet market, does the Samsung Galaxy Tab 4 Nook really stand a chance? The co-branded device is slated to hit bookshelves in August.
Where can I sign up? A cool $100,000 just for sitting?! That’s what designers pay Rihanna (and other celebs) during Fashion Week each and every time she sits in their front row. That’s more than the annual salary of most folks.
Think about how many times you have seen Rihanna photographed at fashion shows and you will get an idea of just how much brands are paying stars for their indirect endorsement. Brands are willing to pay a ton just to have celebs associated with their brand. “And in a society where photos rule the social media scene and you can follow your favorite stars’ every move from your smartphone, it makes sense for labels to want them in their front row,” reports The Huffington Post.
Celebrities also cash in when they attend events and parties. Club owners will pay a star to hang out just so they can say celebrities come there. Then there are endorsement deals. Jay Z had the most expensive endorsement deal when Samsung reportedly paid the rap mogul $20 million to promote the Samsung Galaxy. Catherine Zeta-Jones comes in No. 2 for the $20 million she was paid for her first deal with T-Mobile back in 2005. At No. 3 is Usain Bolt who, after winning the 200-meter title in the 2002 World Junior Championships in Jamaica, inked a sponsorship deal with Puma that earned him $8.6 million annually. Mrs. Carter comes in No. 10. Beyoncé re-signed with Pepsi for a whopping $50 million early last year.
Of course we’re not surprised that celebs would be paid a healthy sum for their time, but it always begs the question of what kind of impact this really has. Who’s moved by the fact that Rihanna is in the front row at a designer’s fashion show?
Living In The Last Days: Red Sox Player David Ortiz Snaps What Might Be The Last Presidential Selfie
Who knew selfies could get you into trouble with the government?!
During a visit to the White House, Red Sox player, David Ortiz, aka Big Papi, took a selfie with President Obama. What President Obama didn’t know is that Ortiz is a “social media insider” for Samsung. Reportedly, Ortiz was coached about the selfie prior to the visit. So when the snapshot went up, Samsung used it as a promotional tool on Twitter, noting that it was taken with a Galaxy Note 3.
White House senior adviser Dan Pfeiffer says President Obama’s lawyers got in touch with Samsung after receiving news Ortiz took the picture for their company. “As a rule the White House objects to attempts to use the president’s likeness for commercial purposes. We object in this case,” WH Press Secretary Jay Carney said in a press conference last week. Now the Big Papi selfie could be the last ever with President Obama.
Pfeiffer reports via The Business Insider:
“He obviously didn’t know anything about Samsung’s connection to this and, perhaps, maybe, this will be the end of all selfies. Whenever someone tries to use the president’s likeness to promote a product, that’s a problem with the White House counsel.”
Carney has gone on to say that there’s “no discussion of a ban,” but Samsung has been contacted about the stunt. We haven’t seen any further comment about the selfie from Samsung on Twitter. But Farhad Manjoo, a NY Times tech columnist says whoever came up with the idea “deserves a raise” because it’s been “brilliantly successful.” The incident has been widely reported.
Do you think the White House is overreacting?
Although an impromptu rapping performance got panned recently Idris Elba remains Hollywood hot. Now the Thor: The Dark World actor is looking to give back. Elba has partnered with Samsung as a mentor for the company’s online talent competition, “Launching People.”
Competitors had until March 6 to apply for the competition via Facebook by submitting a two-minute short that highlighted their particular project, reports EURWeb. More than 600 people have downloaded the app. The popular category was music.
Elba will join other mentors (singer-songwriter Paloma Faith, photographer Rankin, and chef Gizzi Erskine) in helping the contestants win. Each mentor will select the finalist to be featured in a television series airing on UK TV in spring 2014.
The general public can go to Facebook to vote for the “People’s Choice” winner per category.
Winners will receive personal tuition and Samsung products that will support them in pursuing the projects they highlighted in their entry film. We all win the opportunity to watch/listen to Idris Elba talk about the campaign. Video below.
“A Genius Leaves The Hood: The Unauthorized Story of Jay Z” available for purchase on iTunes, Google Play and VHX now!
He’s a rapper, producer, businessman (or a business man), husband and father. In the hip hop game for a few decades now Jay Z has influenced our definition of both a hustler and entrepreneur throwing his hat into a variety of ventures that turned to gold.
The new Moguldom Studios documentary, A Genius Leaves the Hood: The Unauthorized Story of Jay Z highlights the 44-year-old’s rise to success and evolution as a mogul. Here’s a look at some of Jay Z’s many business collaborations through the years.
Sorry, but your Galaxy S4 is already old news! Samsung unveiled the fifth generation of their Galaxy S series on Monday and tech geeks are already calling it the “best phone money can buy”!
The Samsung Galaxy S5 takes security on a whole new level. There is a fingerprint scanner embedded on its home screen button. Not only can you unlock and lock your phone with a simple touch, but you can authorize mobile purchases through e-commerce services like Paypal. The fingerprint scanner was introduced by Apple on the iPhone 5 — but Galaxy is S5 is doing it a tinge better.
“[This feature] can also be used to unlock pictures you want to keep private, or to take the place of other Web passwords. It works with up to eight fingers,” USA Today reports.
From now on, you never have to worry about spilling liquids on the Samsung Galaxy S5 either — it’s water resistant! It does have the same 5.1 inch full HD 1080p display as its predecessor, but Samsung touts that the screen is much brighter and still performs well in direct sunlight. All this, however, comes at the expense of your battery, according to CNN Money.
Luckily, the Samsung Galaxy S5 has a power saving mode. With this feature, even if your smartphone is running on 10 percent battery, you’ll get an additional 24 hours on standby.
The download speeds are out-of-this-world. Large files can be available to you in just seconds. A one gigabyte file, for example, can be downloaded in just 30 seconds. This is perfect for those who want to watch films on-the-go.
If you want to know if the S5 is selfie-approved, Samsung added a cool new “blur” mode. The subject of the photo remains in focus while the background, as you might have guessed, blurs. The rear camera is 16 megapixels while its front is two megapixels. The new Galaxy also boasts that it has the fastest auto-focusing technology on the market.
The Galaxy S5, which runs on the “KitKat” version of Android, is also perfect for fitness buffs. It includes a health-oriented software that includes “a pedometer, diet and exercise records, and a new, built-in heart rate monitor,” according to IBTimes.
You’ll be able to purchase your S5 on April 11 under AT&T, Sprint, T-Mobile and Verizon Wireless. You can choose from four colors Charcoal Black, Shimmery White, Electric Blue, and Copper Gold.
Some news stories actually make you want to start believing in conspiracy theories. Here’s one that might. It seems that wireless carriers may be blocking a relatively simple solution to phone thefts in order to make a profit. About 1.6 million Americans had their phones stolen last year, with nearly 40 percent of all robberies in major U.S. cities involving mobile devices.
Not only do people buy more phones is they need to replace stolen ones, but also customers are more apt to opt for insurance offered by phone companies.
This is actually a lucrative side hustle for carriers — the top four wireless carriers will earn more than $7.8 billion this year in insurance premiums from their customers, according to an estimate by industry trade publication Warranty Week (via Huffington Post). According to Businessweek, Asurion, a phone insurance company that pays the wireless carriers for each policy they sell, made an estimated $98 million in profit in 2010. Typically, phone insurance plans range between $7 and $11 monthly, and they require consumers to pay deductibles as high as $200 for a replacement phone. And most often, these are nor new phones but refurbished used phones ones. Asurion’s insurance plan doesn’t guarantee customers will receive the same model as the one they lost.
“If you do the math, the phone companies are making out like bandits,” Richard Doherty, a director for Envisioneering Group, a market research firm, told HuffPo.
But here’s the kicker. A top prosecutor is accusing phone companies of standing in the way of a solution that could protect consumers from violent robberies just so that they can make more money.
San Francisco District Attorney George Gascón claims he has obtained emails showing how phone companies are blocking the introduction of a so-called kill switch that would render phones inoperable if stolen. If installed on phones, it would undercut the value of phones being sold on a global black market, which would lead to a sharp reduction in thefts.
“These emails suggest that the carriers are rejecting a technological solution so they can continue to shake down their customers for billions of dollars in insurance premiums,” Gascón said in a statement. “I’m incensed. … This is a solution that has the potential to end the victimization of their customers.”
Gascón and New York Attorney General Eric Schneiderman have now demanded that phone manufacturers create new smartphone technology to make the devices less attractive to thieves. Apple and Samsung have already introduced new features this summer that they said would render stolen devices useless.
Phone companies have “worked hard over the last year to help law enforcement with its stolen phone problem,” the CTIA said in a statement, pointing out that a new database of phone serial numbers is being shared among carriers. Last year, wireless companies agreed to share serial numbers after being pressured by the Federal Communications Commission and police chiefs nationwide to reduce cell phone thefts.
If you’re scratching your head over what to get your teenager this season, a new Ebates survey shows that you just can’t go wrong with an Apple device. Nearly 70 percent of kids between 12 and 17 want you to get ‘em an iPhone, iPad, or iPod. So the holidays are going to cost you this year!
A whopping 88 percent of teens want an electronic gift this year. The number one item on their wish list is an iPhone with 32 percent of teens yearning for the Apple smartphone. Taking second place for most-wanted gift is the iPad — 24 percent of teens would love to find the tablet underneath their Christmas tree.
Sony Playstation 4, the XBox One, and Apple iPod take third, fourth, and fifth places respectively. Teen girls seem to prefer the iPhone while teen boys want to snag the PS4.
Despite the competitive smartphone and tablet market, Apple refuses to budge on their premium prices. The multi-billion dollar corporation is releasing the iPad Air at $499 — the same exact price as its predecessors. And the iPad Mini will sell for $399, which is 21 percent higher than the first Mini.
“Apple has steadfastly refused to cut prices on its top-of-the-line products. Instead, it has sold older versions of its Phones and iPads at slight discounts to consumers who are willing to settle for something less than state-of-the-art technology,” Boston.com says.
Facing a vicious rivalry with Google Inc., Microsoft Corp., Amazon.com Inc., and Samsung Electronics, Apple is opting to win over customers by offering free software. Apple is offering the Maverick, the device maker’s latest operating system, for free. iLife and iWorks, the equivalent of Microsoft Office, will also be free.
These software giveaways are conditioning customers to expect these systems to “come with the package” for free. “While this won’t disrupt Microsoft’s business overnight, it will create further pressure on Microsoft to bring down prices,’’ Boston.com adds, quoting Ovum analyst Jan Dawson.
The iPad Air is Apple’s latest baby — it’s sleeker, faster, and lighter weighing in at only one pound. “The iPad Air’s main appeal is a more svelte design and a faster microprocessor, the same kind of chip in the iPhone 5S that Apple released a month ago,” Boston.com says. The iPad Air has been available for purchase since November 1. And if you have a teenage boy, the PS4 will set you back $399, $100 cheaper than the Air, and will be on sale by November 15.
If your teen is one of the few that’s not into electronics, the Ebates.com survey notes that a gift card to your teen’s favorite store would suffice.
Will you be buying Apple this season?
The mobile wars are fierce and Samsung is doing surprisingly well in sales due to cheap smartphones and high-demand memory chips. But Samsung isn’t stopping there. In attempt to slay their competition, Samsung is teaming up with the NBA to bring their technology to their forefront, The Wall Street Journal reports.
You know those monitors NBA referees use to review close calls in games? Those screens, along with other courtside tablets and TVs, will all be provided by Samsung as a result of a three-year $100 million deal. “The three-year deal will instantly make Samsung one of the most visible companies during NBA games, while bringing the basketball league into closer partnership with the electronics giant, which is the world’s largest seller of smartphones and flat-panel televisions,” The Wall Street Journal reports.
This is not the first time that Samsung has eyed the NBA to generate greater appeal for their products. Lebron James, a Miami Heat player, was handpicked for an endorsement deal to present the Samsung’s Galaxy Note II. Validating his clout as a marketable basketball figure, his commercial on YouTube pulled in more than 40 millions views. “The advertisement shows the league’s top player and two-time defending NBA champion playing with the Samsung device as he gets his hair cut and heads to a basketball game,” The Wall Street Journal says.
Samsung also snatched the second wealthiest rapper in America, Jay-Z, for a three-minute commercial during an NBA Final game four months ago. As part of the deal, Samsung also purchased one million copies of his album, “Magna Carta Holy Grail,” and made it available to its users for free. In turn, Jay Z was able to label his latest project as “platinum.”
This is a much-needed approach for Samsung to combat its bloodthirsty rivals in a heavily competitive technology market. Samsung is gearing up to release the Galaxy S5 as early as February of next year.
Image via YouTube