Samsung profit misses estimates in second quarter

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Back in April, Counterpoint's data placed both versions of the Galaxy S9 in the top two positions, followed by the iPhone X, 8 Plus, and 8. Although the moniker "Gear S4" certainly has its charm, it will reportedly arrive as the "Galaxy Watch".

If we are to believe the latest Korean rumors, the foldable panels for the Galaxy X smartphones are supposedly scheduled to enter production this summer so that they could be ready for the early 2019 release. This likely means that the foldable smartphone's unveiling, which has been delayed for a few years, will finally happen soon.

While Samsung's vague statement fails to show performance and profit estimates for each business division, reports claim the firm's smartphone division, in particular its flagship Galaxy S9 and S9+ smartphones, are to blame for the slowdown.

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Either way, we're months away from anything happening on a Galaxy S10 front, so these plans may get scrapped and we may ultimately see just two models early next year.

The word on the street is that Samsung's foldable device cost about $1,900 when it launches.

The Galaxy S10 would then be unveiled at MWC 2019, according to the leaker.

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Still, CES is another six months away, so there's even more time for things to change - especially if Samsung has issues manufacturing the Galaxy X. The Galaxy X will likely not cannibalize sales for the Galaxy S10, as the foldable smartphone is expected to be a niche device with a price tag that may go as high as around $1,800, almost double the price of the $1,000 iPhone X by rival Apple.

In addition to the operating system change, Ice Universe also notes that the Galaxy Watch will come equipped with "new UX interaction".

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