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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

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[-] dgilluly@lemmy.world 97 points 1 year ago

I've said it before and I'll say it again.

This is a sign of an upcoming recession if we aren't already in one. People are starting to run out of their savings due to stagflation and are looking for areas to cut. Buying a new phone every year or every other year and replacing laptops every 5 years are among the first things to go in anyone's budget.

So currently the only people refreshing their devices are the people who NEED new devices.

Capitalist economies always need spends out of desire and not just necessity.

Worst part is instead of reversing the gouging these companies will probably just go ham on the planned obsolescence.

[-] blarco@lemmy.world 9 points 1 year ago

You hit the nail on the head for me. I loved my Galaxy S9+ but it was over 4 years old and literally falling apart. I just replaced it with an S23....but also as others have said, I think the S9+ was better. I'm especially having issues with the camera (look up bananagate) and my old car doesn't have Bluetooth so I have a USB C to Aux adapter that randomly cuts out sound so for a lot of drives I just put the sound up on my phone speakers and play directly.

[-] Nighed@sffa.community 1 points 1 year ago

I got a cigarette lighter usb port to provide power to a Bluetooth -> aux dongle. Works well.

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this post was submitted on 29 Jul 2023
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