Phone

Galaxy Note 10 outsells the Galaxy Note 9, more foldables promised

It’s hardly surprising to hear that the Galaxy Note 10 series has outsold the Galaxy Note 9, given the reception it got. Samsung officially confirmed this today in its full earnings report for the third quarter of this year.

The mobile division’s earnings were up significantly compared to Q2 2019 due to robust shipments of the Galaxy Note 10. Revenues hit almost $25 billion with operating profit surging 32 percent from Q3 2018 to $2.5 billion. The Korean giant also flexed its technological prowess in the third quarter by releasing more 5G handsets and launching the Galaxy Fold.

More foldable smartphones promised for 2020

This was largely due to the Galaxy Note 10 in addition to a more diverse product range. Samsung released a lot more devices this year than it has over the past few years. It’s increased focus on the entry-level segment has also contributed to the higher profitability.

Samsung mentioned that in the third quarter of this year, the Galaxy Note 10 outsold the Galaxy Note 10. It also posted a double-digit growth in volume, which was to be expected as there are two separate models of the Galaxy Note 10. The completion of the A series lineup transition allowed for cost reduction which led to improved profitability. The company doesn’t break down sales figures for each device so there no information on which entry-level and mid-range phone has done the most business.

It now expects the market to cool down in the fourth quarter of this year. Mobile demand traditionally declines towards the end of this year as flagship models lose their luster and fans hold off on purchases as new high-end models are expected in a few months. However, Samsung does expect its affordable models and the Galaxy A series to maintain solid sales. It does believe that the division’s profitability will decrease as demand for the Galaxy Note 10 slows. Customers who really wanted to buy one have bought one already. Marketing costs will increase towards the end of this year, particularly during the holiday season.

Samsung predicts that demand for 5G smartphones is going to increase in 2020 as 5G networks launch in more countries across the globe. The mobile market will remain highly competitive overall. Samsung’s plan is to offer more 5G devices and foldable smartphones to improve its competitiveness. It has already provided a glimpse of what its next foldable smartphone might look like.

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SAMgalaxyXXX
SAMgalaxyXXX

Well, if you take into account that Samsung offered a better trade in deal plus cashback especially in US and South Korea during the preorder period and where the “outsell” seems to have mainly happened unlike with Note 9 yes of course. Also, the release of 2 models, sth I still disagree with, might have worked in favour of Note 10 after all.
I still don’t like that unnecessary hole punch, the removal of the headphone jack and heart rate monitor so I’m keeping my Note 9 for another year, very likely for longer.

vnovomsate
vnovomsate

That camera in display is a big mistake…

Jias5
Jias5

Why?

stondec
stondec

I’m certainly very pleased with the Note 10, coming from the Note 9.

I still wish the FPS was much faster, IR blaster was included and the screen refresh rate was 120 htz.

Gunter2
Gunter2

I’m not surprised as all our staff upgraded from Note9 to Note10 and they’re all very pleased. This is my first Note so I can’t directly compare to older Note phones as I never had one, but it was a huge improvement on my S9 plus.

Abhijeet M.
Abhijeet M.

Are your staff allowed to not be pleased after getting free upgrades to the latest flagship, that too the Note, which is always the best offering in Samsung’s lineup? 😛

Gunter2
Gunter2

Lol!! Good question!! 😂 They’re all highly experienced engineers and are pretty independent minded men and women! They could even have decided to keep their Note9 if they wished, but after the demo from the Samsung rep, they all decided to upgrade and are happy with the decision.