The price of the Galaxy S23 series is likely to be the same as the Galaxy S22 series
A new report says that Samsung’s smartphone unit revenue increased from $22.2 billion in the second quarter of 2022 to $25.2 billion in the third quarter of 2022, but their operating profit decreased. In this situation, it seems that Samsung does not intend to increase the price of the Galaxy S23 series products and will introduce these flagship phones to the market at the same price as last year’s flagships.
According to a Korean publication MaekyungSamsung’s operating profit increased from $2.62 billion in the second quarter of 2022 to $2.53 billion in the third quarter of 2022. However, the company is not planning to increase the price of the Galaxy S23 series compared to the S22 series.
On that side of the market, Apple will probably want to raise the price of the iPhone 15 series higher than the iPhone 14 series. As a result, Samsung can offer the Galaxy S23 at a price of Rs 799 Dollar, Galaxy S23 Plus with price 999 Dollar and Galaxy S23 Ultra with price 1199 supply dollars Then when the iPhone 15 series was introduced, Samsung could increase the price of its phones Increase to give
The Galaxy S23 should compete with the iPhone 14
The company usually lowers the price of its flagship phones as time passes. But this year, the opposite may happen. Of course, even if we don’t see a price increase when the next iPhones are introduced, we shouldn’t expect a price drop either.
Reports claim that Samsung’s revenue growth in the latest fiscal quarter was mainly due to increased sales of the company’s high-end phones, particularly the Galaxy Z Fold 4 and Galaxy Z Flip 4. However, the decrease in operating profit is due to the increase in the price of parts.
Obviously, the Galaxy S23 series will also have more expensive components, including the Snapdragon 8 Gen 2 chipset. So, if Samsung does not increase the price of its phones, the company’s operating profit may experience a further decline. But on the other hand, if this company increases the price of the S23 series, it will leave the competition to the iPhone 14 series.