Galaxy Note 7 hurts Samsung’s profit forecast

Galaxy Note 7 hurts Samsung's profit forecast


Reuters/Edgar Su

Galaxy Note 7 hurts Samsung’s profit forecast

Samsung continues to reel from its Galaxy Note 7 phone mess. The company is now cutting its profit forecast by a third. The Galaxy Note 7 is proving to be a huge financial and brand damaging disaster for Samsung.

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Sam Byford reports for The Verge:

Samsung issued earnings guidance last week that suggested the calamitous Galaxy Note 7 recall wouldn’t have a major impact on the company’s bottom line, but the company just released a statement adjusting its forecast significantly.

Operating profit for the third quarter of 2016 is now estimated to come in at 5.2 trillion won ($4.6 billion), down 33 percent from the previous figure, while revenue expectations have been slashed by 2 trillion won to 47 trillion ($41.8 billion).

Earnings of 5.2 trillion won would represent the first year-on-year profit decline for Samsung in a year.

More at The Verge

A Mashable writer switches to the iPhone 7 from Android

The iPhone and Android have long battled it out for smartphone supremacy, and there are always users switching from one platform to the other and vice versa. A Mashable writer recently made the jump from Android to the iPhone 7, and he shared his thoughts in a recent article.

Damon Beres reports for Mashable:

I’ve discovered that the iPhone 7 is probably the right device for me, because it fits into my life better than the Android devices I’ve used. It does occasionally drive me crazy.

So many people have asked me whether they should upgrade to an iPhone 7 based on a variety of factors like “my current iPhone is slow” or “I’ve had this phone for two years.” I’m in an odd position as a tech journalist in that I obsess about the devices that corporations heap onto consumers. That’s why I’ve had so many phones over the years, but it’s not a path I’d recommend to most.

For one, smartphones are expensive, and getting on an upgrade treadmill only encourages companies to push out incremental updates every year. The iPhone 7 is astonishingly similar to last year’s iPhone 6S – a device I used for a short period of time as my work phone at a previous job – and functionally it’s not so different from Apple’s other recent handsets.

What I can say is that my transition from Android to iOS was surprisingly easy, which gives me hope that these two forces can continue to compete with one another in meaningful ways. If you are an Android user interested in jumping ship to Apple, I say go for it: All of these high-end phones essentially do the same thing, but you might find that the iPhone is a better fit for your life.

More at Mashable

How Linux has influenced modern IT

Linux has proven to be an incredibly popular and useful tool for anyone who works in IT. A writer at ComputerWeekly has an interesting and informative overview of how Linux has influenced modern IT.

Cliff Saran reports for ComputerWeekly:

Without the world of open source and Linux, we would not have the kind of scale to run a cloud. While many supporters argue that cost should not be the main reason for choosing open source, Percival said: “Imagine trying to use a Tandem NonStop system to run Netflix. You would never afford to buy it.”

In the past, a premium server like NonStop would be used when extremely high availability was a priority. Such systems were very expensive. Today’s IT architectures achieve high availability at a much lower price point by using large numbers of commodity Linux servers instead of one highly resilient box.

So, for the enterprise, Linux has provided a low-cost base platform on which to run large internet applications, mainly as an alternative to proprietary Unix systems.

It not only replaced Unix servers, but has also been used when Windows servers failed. Dave Rosenburg, senior vice-president at the Linux Foundation, said: “Whenever there was a dead or dying Windows box, we used to put Linux on it. Our web servers were pretty low-powered machines, but they had 100% uptime on Linux. The Windows NT server would fall over within four hours.”

More at ComputerWeekly

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