No matter how large of a company you might be, you can have very promising products that in the end turn out to be bombs. This is the case of the Samsung Galaxy S6 and S6 Edge smartphones – sales of the devices have been disappointing so far and that’s why Samsung now cuts their prices.
The main reason behind this decision lies elsewhere – Samsung’s mobile profits have been steadily declining in the past year and this really worries the Korean tech giant. The profits have shrunk due to intense competition from low-cost Chinese competitors such as Huawei and ZTE but Samsung also faces internal problems – the company made too many S6 handsets and too few S6 Edge handsets with the end result being market shortages of the Galaxy S6 Edge while millions of S6 units sit unsold.
Here’s what you have to pay now for these two devices, at least in the Netherlands – the Samsung Galaxy S6 and S6 Edge, which started at EUR 699 and EUR 849, respectively, now cost EUR 599 and EUR 699.