Samsung Speeds Up Note 4 Smartphone - InformationWeek

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Samsung Speeds Up Note 4 Smartphone
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Ashu001
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Ashu001,
User Rank: Ninja
1/1/2015 | 7:05:40 AM
Re: Quick leasson learned
Meijac,

The Smarter,More Innovative Companies have figured this out as part of their Business Strategies.

With RIM;this is what seems to be happening today-Complete Overhaul of their Product Base ;Real Question is whether that overhaul will be sufficient to keep them in Business two-three years from now.

RIM's Strength was always the Corporate Market and the moment they fix that (focus there) ;they should do well(atleast that's my hope).

 
mejiac
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mejiac,
User Rank: Ninja
12/31/2014 | 3:41:45 PM
Re: Quick leasson learned
@Ashu001,

Thank you for the insight and reply :)

So I would ask if companies forsee this as part of the business plan? or simply a contingency when the numbers don't reach the mark?

And for companies like Blackberry, I wasn't simply clearing inventory, it ment a complete overhall on there end
Ashu001
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Ashu001,
User Rank: Ninja
12/30/2014 | 12:26:37 PM
Re: Quick leasson learned
Meijac,

That's why Companies organize Flash Sales/Crash Sales!

They offer the same Outdated Product for 30% less(sometimes even Higher Discounts) to clear Inventory.

In some rare cases(I am not sure if it happens for most Samsung Products today) the Company also goes ahead and Scraps the entire lot rather than sell it on the Market(&Risj Damage to their Brand Reputation).

Yes on the Balance Sheet it is declared as a Loss eventually.

 

 
mejiac
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mejiac,
User Rank: Ninja
12/29/2014 | 3:11:35 PM
Re: Quick leasson learned
As a follow up to my previus comment, and question to the community, how do providers deal with the inventory when companies decide to no longer support a product?

The Samsung Alpha came out a few months ago...most providers get enought inventory to satify projected demand... so when that forecast goes out the window...what do they do? do they return it? declare it as a loss?
mejiac
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mejiac,
User Rank: Ninja
12/29/2014 | 3:07:56 PM
Quick leasson learned
Wow!! I don't think there are many examples of companies discountinuing after only a few months in the market, but in the market world of tablets/smartphones, if you don't hit the mark in the first 90 days, changes are you're not getting very far (the Amazon Fire is a clear example of when you hit the mark).

If Samsung was clear that the Alpha was a proof of concept, then ok, they get a pass. But if the folks in there R&D were truly betting on it's success....well...let's say that department got overturned.

Microsoft has had a similar experience with the Surface, where the Surface 3 is a clear departure of what they were aiming for at the beginning.

So let's see what Samsung ends up doing


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