According to Bloomberg and Reuters, Samsung's experiencing this slump, because it didn't anticipate the Galaxy S6 Edge's popularity and wasn't able to keep up when there was a huge demand for it. Lee Seung Woo, the analyst Bloomberg consulted, even foresees the company selling 40 million smartphones this year instead of 43 million like earlier projections stated. Whether that will change with the S6's price drop and Samsung's upcoming phones remains to be seen.

To note, the company's TV and appliances division is struggling, as well, posting a 210 billion won ($180 million) profit, down from last year's 770 billion won ($660 million). Samsung plans to expand its premium model lineup with curved TVs and other products to remedy that. Unlike its mobile and consumer electronics businesses that failed to meet expectations, though, the company's memory chip and processor division seems to be doing very well. Its profits are up by 1.54 trillion won ($1.3 billion) from last year, and it's reportedly going to supply the upcoming iPhone's processors.