Are the glory days over for Samsung? Shares hit two-year low

Remember how good things were for Samsung two years ago? Just about everywhere you turned it seemed someone was talking about the Galaxy S3. The worm had turned and people were considering something other than the iPhone.  Fast forward to mid-2014 and we’re looking at a different situation.

Samsung declined 2.3 percent to 1,161,000 won, its lowest price since July 2012. The company that ships one of every four smartphones in the world has plunged 15 percent this year, wiping about $30 billion from its market value. – Businessweek

Sure, some of this could come as a result of two new, larger iPhones. It happens every year.  But, that’s only part of the equation, if you ask us. Companies like LG, Motorola, Oppo, Huawei, and ZTE have been clawing away in various markets, chipping at Samsung’s lead. What’s more, we don’t have those low-cost non-contract models coming from Samsung like we do the others.

In Samsung’s corner we have the new Galaxy Alpha, Galaxy Note 4, and Galaxy Note Edge. All are set to roll out over the coming weeks and months. Will customers warm back up to the new design choices?

Are you a former Samsung owner who made the jump to another brand? What was it that pulled you away? Conversely, is there anything that you see from Samsung that entices you to switch to their side of things?

Businessweek

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