Samsung expects drastically lower demand for Galaxy Z Fold7 and Flip7

Gee, I wonder why, maybe it's the $1500 price tags on all of them.

I had a Fold 4 and sold it this year. I likely won't buy another one until the major flaws a fixed. I don't want to own a second phone that I can take to the beach or really anywhere that's not a clean room without the hinges creaking for the following days. Having the extra screen real estate was nice but not worth the money and weight. Also the prices are still going up even though the technology is maturing and Samsung is just selling clones of the Fold 3 for four years now. It just doesn't add up.

Part of the reason the Z Flip 4 and 5 sold so well is that Samsung gave absolutely insane trade in deals to Americans. I think I paid something crazy like $50 or $100 for my Flip 5. I'm not entirely sure why they did this. I guess it was to help generate popularity, but it wasn't exactly a sustainable business model. They did NOT do the crazy deals for the Flip 6, so it obviously sold significantly worse.