Today, Samsung posted its Q2 2023 financial results. The report says Samsung's profits have dropped considerably compared to last year.

Samsung sees 95% drop in profits for a second consecutive quarter::Today, Samsung posted its Q2 2023 financial results. The report says Samsung’s profits have dropped considerably compared to last year.

  • HamartiogonicEnglish
    52·
    1 year ago

    Developers require money, and software maintenance requires lots of developers, testers and other people.

    • Zeth0s@lemmy.worldEnglish
      101·
      1 year ago

      Yes and no. Installing last version of android on a pixel 4 is most likely absolutely fine. And keeping at least security support is likely not a big deal. 3 years of security update support it is clearly a finance department decision. Why 3, why not 3 and half? Why not 4?

      Just because they need predictability in sales, and they attached the support to the “classical” number of years after which you’d like a customer to buy a new tech product. 3 years has always been a magic number for hardware companies, since forever

    • Wooki@lemmy.worldEnglish
      3·
      1 year ago

      No not really, formula is no more than 10% production costs pa unless w produced poorly to begin with. It’s even less if you’re running multiple versions of roughly the same thing then the costs are spread over those versions.