samsung and iphone 2
A Samsung Electronics' Galaxy S4 (front) and Apple's iPhone 5 smartphones are seen in this picture taken in Seoul. Reuters/Kim Hong-Ji

Samsung continues to face conflicts in its portfolio as the release of the Samsung Galaxy S6 and the Galaxy S6 Edge has been linked to a knock-on effect on the company's finances. According to Samsung's Q2 2015 Guidance:

"Samsung says it probably miss forecasts for the second quarter, with operating profit from April to June likely to slide 4% on an annual basis to 6.9 trillion won ($6.13 billion). Analysts had forecast earnings at 7.2 trillion won ($6.35 billion)."

The problem now is that Samsung has been using the same strategy for years but continues to deliver weak results from one year to the other. Many expected the Samsung S6 and Galaxy S6 Edge to stop the cycle but the company chose the same approach as with other devices thus the disappointing results.

This time, the company seems to be banking on the release of the Galaxy Note 5 promising its announcement during Berlin's IFA event this September. However, this may change as Wall Street Journal's Jonathan Cheng notes: "In a break with recent tradition, Samsung Electronics Co. will move up the autumn launch of its oversize smartphone lineup by several weeks to mid-August, according to a person familiar with the matter."

This may well be a jump on the iPhone 6s as Apple is set to release its new smartphone line around September. In a separate report, the Samsung Galaxy Note 5 is expected to come with 5.89-inch QHD screen, a thin 7.9mm build, USB Type-C port and 4100 mAh battery. However, its MicroSD status remains unknown as doubts on whether a microSD slot can keep up with the company's UFS 2.0 storage persists. Samsung has not made any final announcements on the matter. All predictions and expected features should be taken with a grain of salt.

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