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Samsung sees 95% drop in profits for a second consecutive quarter
(www.androidauthority.com)
This is a most excellent place for technology news and articles.
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.
Or simply that prices have become insane. Good phones used to be around 400, taking me a few days to think about it and say yes. Now they are beyond 1000, so I will do my best to avoid having to upgrade and go with custom ROMs again. In the meanwhile, we also lost exchangeable batteries, external SD cards, and microphone jack, and we gained more Google spyware and bloat.
Good phones are still $400. They just have this ridiculous tier now that is even higher
I had a Pixel 3a for years. It was a great phone and it was $350. Eventually it stopped getting updates :(
I'm not sure what you mean by a "good" phone. Like yeah, they came up a bit. A Pixel 7a costs $499, and if one wants wireless charging and a better camera they can go with the Pixel 7 for $599. Regular non-Pro iPhones are around the same price.
Like yeah, folding phones are well over $1,000 in most cases, but personally I think that's a gimmick, my hot take. But for me and 99% of the people I know, we're sticking with our slab smartphones.
I bought a m52 a while ago on a black friday promotion or something like that for 280. It's the most expensive phone I ever bought (usially i try to stay under 200). I know that for some that is peanuts, but I have it hard to justify spending so much money on a phone. 1000 for a phone is something I would never be able to do. The thing I do like about it is the quality of the photos and the ease to connect with my wireless buds.