Advertisements

The $2,000 Galaxy Fold from Samsung is a massive risk for anyone who buys it

samsung galaxy fold
Samsung
  • Samsung last week unveiled its first foldable smartphone, the Galaxy Fold.
  • The Galaxy Fold is the most expensive smartphone Samsung has made. It starts at $1,980.
  • The phone features many technological innovations but carries a lot of risk for customers as well.

Samsung’s $2,000 foldable smartphone, the Galaxy Fold, has been turning heads since its unveiling last week.

Foldable phones are the hottest phone trend in 2019, which perhaps isn’t too surprising. Before smartphones became mainstream in the late 2000s, foldable “clamshell” phones like the Motorola Razr dominated the marketplace with their compact designs.

The Galaxy Fold harks back to that era of flip phones: You can use the Galaxy Fold’s 4.7-inch display with one hand, but the phone can open up into a 7.3-inch tablet-like display.

Having a new smartphone design, after over a decade of the same rounded rectangles over and over again, is obviously exciting. But buying the Galaxy Fold when it becomes available in select regions on April 26 is a risky prospect.

Here’s why.

The Galaxy Fold is not a small investment. At $1,980 to start, it’s two to three times the price of a normal smartphone.

The Galaxy Fold is not a small investment. At $1,980 to start, it's two to three times the price of a normal smartphone.

Smartphones are already extraordinarily expensive, and that’s mainly due to the one-upmanship by Apple, Samsung, and other tech giants to make the best phones each year. The a yearly competition has gotten more intense since the $1,000 iPhone X was unveiled in 2017.

Smartphones are already extraordinarily expensive, and that's mainly due to the one-upmanship by Apple, Samsung, and other tech giants to make the best phones each year. The a yearly competition has gotten more intense since the $1,000 iPhone X was unveiled in 2017.

Not only is the Galaxy Fold a lot of money up front for a smartphone — but repairs could turn out to be costly as well.

Not only is the Galaxy Fold a lot of money up front for a smartphone — but repairs could turn out to be costly as well.

We have no idea about the repair process for the Galaxy Fold just yet, but a lot could go wrong.

We have no idea about the repair process for the Galaxy Fold just yet, but a lot could go wrong.

Its front screen, inside display, or hinge could break. One of its five cameras could malfunction. And if even one of those things goes wrong, it’s unclear what the next steps will be for customers.

Its front screen, inside display, or hinge could break. One of its five cameras could malfunction. And if even one of those things goes wrong, it's unclear what the next steps will be for customers.

Samsung doesn’t have the same kind of retail footprint that Apple does, so it would most likely mean mailing in your device for repairs.

Samsung doesn't have the same kind of retail footprint that Apple does, so it would most likely mean mailing in your device for repairs.

Are you willing to pay $2,000 for a phone that, if it breaks, you could be without for several weeks?

Are you willing to pay $2,000 for a phone that, if it breaks, you could be without for several weeks?
The Samsung Galaxy Fold.

Also, would you be ready to pay the hefty cost of the repairs? Given all of the new technology in this phone, replacement parts are unlikely to come cheap.

Also, would you be ready to pay the hefty cost of the repairs? Given all of the new technology in this phone, replacement parts are unlikely to come cheap.

Here’s how much Samsung charges for repairs on its current phones that are out of warranty — expect steeper pricing for the Galaxy Fold.

Here's how much Samsung charges for repairs on its current phones that are out of warranty — expect steeper pricing for the Galaxy Fold.

Source:Samsung

You could also enroll in Samsung’s version of AppleCare, called Premium Care, which costs $12 a month. With that, repairs for accidental damage will cost only $99 on current phones; it’s unclear whether prices will change for the pricier Galaxy Fold.

You could also enroll in Samsung's version of AppleCare, called Premium Care, which costs $12 a month. With that, repairs for accidental damage will cost only $99 on current phones; it's unclear whether prices will change for the pricier Galaxy Fold.

Source: Samsung

Aside from the up-front cost and the potential cost of repairs, the Galaxy Fold is also a first-generation product, which has its own risk.

Aside from the up-front cost and the potential cost of repairs, the Galaxy Fold is also a first-generation product, which has its own risk.

First-generation products are known to have tons of issues at launch that take time to iron out. Almost no consumer tech is exempt from this rule: Even new iPhone designs have suffered this fate.

First-generation products are known to have tons of issues at launch that take time to iron out. Almost no consumer tech is exempt from this rule: Even new iPhone designs have suffered this fate.

Remember Antennagate from the iPhone 4 era, or Bendgate from the iPhone 6 era?

Remember Antennagate from the iPhone 4 era, or Bendgate from the iPhone 6 era?

The Galaxy Fold, with its all-new design, could be prone to new issues, though it’s impossible to foresee which types of problems this first-generation foldable device could experience.

The Galaxy Fold, with its all-new design, could be prone to new issues, though it's impossible to foresee which types of problems this first-generation foldable device could experience.

Remember: It wasn’t too long ago when Samsung’s Galaxy Note 7 phones were exploding in people’s hands and on planes. That was in late 2016 — less than three years ago.

Remember: It wasn't too long ago when Samsung's Galaxy Note 7 phones were exploding in people's hands and on planes. That was in late 2016 — less than three years ago.

The Galaxy Fold is certainly exciting, but prospective customers should exercise extreme caution, especially buying this phone at launch.

The Galaxy Fold is certainly exciting, but prospective customers should exercise extreme caution, especially buying this phone at launch.

Unless you need to be the first on the block with this phone, it makes sense to watch the reception of this phone, and see how any issues play out. Smartphones are an investment, and this one (more than) doubly so. It makes little sense to rush in.

Unless you need to be the first on the block with this phone, it makes sense to watch the reception of this phone, and see how any issues play out. Smartphones are an investment, and this one (more than) doubly so. It makes little sense to rush in.

Via

Advertisements
  • Leave a Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.

Enjoyed this video?
"No Thanks. Please Close This Box!"
%d bloggers like this: