Technologies

Galaxy Z Fold 5 and Other Samsung Gadgets to Look for in 2023

If history is any indication, Samsung may have new foldable phones and wearables in its pipeline for 2023.

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The Galaxy S23 launch may be far behind us, but Samsung likely has plenty more to announce in 2023. That’s if history repeats itself. Should Samsung stick to its annual routine, we can expect to see new foldable phones and wearable devices in August. The company also previewed new designs for bendable phones and tablets earlier this year, hinting that the company may be planning to expand beyond the Z Fold and Z Flip in the near future.

Though Samsung regularly releases new products across many categories, including TVs, home appliances and monitors, I’m most interested in where its mobile devices are headed. Samsung is one of the world’s largest smartphone manufacturers by market share, meaning it has more influence than most other tech companies on the devices we carry in our pockets each day. Wearables have also become a large part of how Samsung intends to differentiate its phones from those of other Android device makers. It’s a strategy to create a web of products that keep people hooked, much like Apple’s range of devices.

Here are the rumored Samsung products I’m most excited to see this year, based on rumors, leaks and the company’s usual product launch schedule.

Galaxy Z Fold 5

A Galaxy Z Fold 4 on a yellow couch — The Galaxy Z Fold 4

Patrick Holland/CNET

Samsung’s next phone-tablet hybrid will likely support the S Pen just like the current version. But the question is whether the S Pen will be included with the device, or if Samsung will continue to sell it separately.

A report from The Elec suggested the Galaxy Z Fold 5 could be the first to have an embedded S Pen. That not only means the stylus would be included free of charge, but the phone would also include a slot for storing it, just like on the Galaxy S23 Ultra and S22 Ultra. If you want to use an S Pen with the Galaxy Z Fold 4, you have to purchase it separately, and there’s no mechanism for attaching it to or storing it in the phone without buying a case.

It’s a seemingly small addition, but one that could make the Galaxy Z Fold 5 much more useful as a productivity device. It would also give the Galaxy Z Fold 5 a clearer purpose and could boost its appeal among early adopters, artists and notetakers. Samsung could target the same audience of shoppers that’s usually interested in the Galaxy Ultra or its previous Galaxy Note devices.

But a more recent report from ET News indicates the Galaxy Z Fold 5 will not include a storage slot for the S Pen.

Among the biggest changes, however, is expected to be a new hinge that could result in a thinner design. Korean news outlets The Elec and ET News, as well as prolific leaker Ice Universe, have reported that Samsung will implement a new water-drop-shaped hinge for the Galaxy Z Fold 5.

Samsung typically releases new foldable phones in August, so we expect to hear more around that time frame. In addition to the rumors around an included S Pen, the Z Fold 5 will likely have the routine upgrades to the processor and camera. What I’m really hoping for, however, is new software that makes better use of the phone’s giant screen, along with a foldable display with a less noticeable crease. That’s especially true now that Google has announced the Pixel Fold, giving the Galaxy Z Fold some fresh competition.

Galaxy Z Flip 5

The Galaxy Z Flip 4 closed in someone's hand — The cover screen is identical to the one on the Galaxy Z Flip 3.

Patrick Holland/CNET

Samsung’s pocket-friendly foldable will also likely get an upgrade around August, just like the expected Z Fold 5. The Galaxy Z Flip 4 already gets a lot of things right, and it’s one of the most practical and affordable foldable phones available. Yet there are plenty of ways Samsung can and should improve the Z Flip. Samsung’s flip phone could benefit from a larger cover screen, longer battery life and an upgraded camera that brings it closer to those found on the Galaxy S series, for example.

But the biggest reason I’m interested in seeing what’s next for the Z Flip is because of its price. The phone starts at $1,000 and is often available for less with an eligible trade-in, making the price similar to that of a standard, non-foldable premium phone. Samsung also kept the Galaxy Z Flip 3 in its lineup and dropped its price by $100 following the Z Flip 4’s launch. That further suggests the Z Flip is shaping up to be Samsung’s more affordable foldable phone option.

A Galaxy Z Flip 5 with a newer processor, better camera and larger cover screen for the same price as the Z Flip 4 (or perhaps a little cheaper) could be one of the most compelling foldables yet.

Galaxy Buds 3

Samsung's Galaxy Buds 2 — Samsung’s Galaxy Buds 2

Lexy Savvides/CNET

If Samsung’s history is any indication, the Galaxy Buds 3 could arrive this August. Samsung released the Galaxy Buds 2 Pro in August 2022 while the standard Galaxy Buds 2 launched in August 2021. That timeline suggests Samsung’s regular, non-Pro earbuds may be due for an upgrade.

We haven’t seen many leaks about upcoming Galaxy Buds yet. However, given that the regular Galaxy Buds are meant to be a more affordable alternative to the Pro model, we can probably expect them to cost significantly less than the Galaxy Buds 2 Pro. Those earbuds are usually priced at $229 compared to the $150 Galaxy Buds 2. Although we don’t know what to expect, the Buds 3 could benefit from better water resistance and noise cancellation.

Galaxy VR headset

Samsung Gear VR 2017 — A photo of Samsung’s Gear VR headset, which required a smartphone to work, from 2017.

Sarah Tew/CNET

It’s already shaping up to be a big year for virtual and augmented reality headsets. Apple is expected to introduce a VR headset, and the PlayStation VR 2 just arrived in February. Samsung has been surprisingly absent from the VR space in recent years, but that could change soon.

Samsung announced in February that it’s working with Qualcomm and Google on a new mixed-reality platform. The company did not mention whether any specific products are in development, nor did it provide a timeline for future mixed-reality hardware or services.

«It’s more of a declarative announcement about how we are going to get it right in trying to build the XR ecosystem,» TM Roh, president of Samsung’s mobile division, said through a translator in an interview with CNET ahead of the announcement.

The reveal comes after a report from ETNews suggested Samsung would release an extended-reality headset for developers in 2023, according to an English translation of the story.

Since there aren’t many details, it’s difficult to know what to expect. But Sameer Samat, Google’s vice president of product management for Android, said during Google I/O 2023 that the company will share more about its «immersive XR» partnership later this year.

A new type of Galaxy foldable

Samsung showcased its display concepts at CES 2023.

David Katzmaier/CNET

Samsung hasn’t mentioned plans for future foldables beyond the Galaxy Z Fold and Galaxy Z Flip series, but it certainly has plenty of ideas to choose from. At CES 2023, Samsung showcased its line of «Flex» display concepts, including the appropriately named Flex Hybrid. That device has a foldable, tablet-size screen that extends by sliding out when opened to provide even more screen space.

The Flex Hybrid caught my eye, though, because I can understand the potential behind foldable tablets. Tablets are inherently larger than phones, so the ability to make them more portable by folding them in half seems more necessary. Tablets are also usually used as secondary devices for tasks like watching movies, reading, or getting work done. Having a display that could morph to fit different circumstances seems interesting.

Samsung also showed off some concepts as part of SID Display Week in May, including the Rollable Flex, which expands up to five times its length when unfolded.

It’s unclear whether any of these will graduate into real products. But it’s important to remember the Galaxy Z Fold started as a concept, too.

Galaxy Watch 6

The Galaxy Watch 5 on someone's wrist with a yellow background — The Galaxy Watch 5

Lexy Savvides/CNET

Samsung hasn’t said much about its future smartwatch plans, aside from revealing that its new One UI 5 Watch software will debut on new watches later this year. There also haven’t been many leaks or rumors about the Galaxy Watch 6 yet. But if the company follows its usual schedule, we should see new Galaxy Watches in August.

One of the few leaks to have surfaced so far comes from a well-known leaker who goes by the Twitter avatar Ice Universe, who says the beloved rotating bezel will return to the high-end version of the Galaxy Watch 6. Otherwise, the upcoming watches will likely have the same health sensors found in the Galaxy Watch 5 and 5 Pro, which include those for measuring body composition, blood oxygen and taking an ECG among others. There’s also a skin temperature sensor that still isn’t active yet in the Galaxy Watch 5 and Watch 5 Pro.

Samsung’s Exynos W920 chip that powers the Galaxy Watch 5, enabled better performance for 3D graphics like emoji avatars and faster app launches. It’s unclear whether Samsung will develop a new chip for the Galaxy Watch 6, but I hope to see longer battery life regardless. Since Apple and Qualcomm have both made efforts to expand the functionality of smartwatches in low-power mode, it wouldn’t be surprising to see Samsung take this route, too.

Samsung is already experimenting with different opportunities for its wearables and phones to work together in new ways. For example, it recently announced a software update for the Galaxy Buds 2 Pro that will enable the buds to capture 360-degree audio when recording video with a Galaxy phone. It also expanded the Camera Controller app for the Galaxy Watch 4 and 5 to include zooming support. Hopefully we’ll see more of this with the Galaxy Watch 6.

We’ll know more about Samsung’s future plans as August gets closer. But if Samsung’s 2023 launch cycle is anything like last year’s, we can expect to see new foldables and more.

Technologies

Alphabet’s Q1 Earnings Expected to Reflect Sustained Expansion, Driven by Cloud Division

Alphabet’s Q1 earnings are expected to show strong growth driven by cloud and AI advancements, with revenue projected to rise 18.7% year-over-year. The company’s stock has surged 118% over the past year, supported by Gemini AI integration and expanding cloud infrastructure investments.

Alphabet is scheduled to release its first-quarter financial results after market close on Wednesday. Below are the key metrics Wall Street anticipates, based on analyst estimates from LSEG: — Earnings per share: $2.63 — Revenue: $107.2 billion Investors are also tracking several additional figures in the upcoming report: — Google Cloud: Estimated at $18.05 billion, per StreetAccount — YouTube advertising: Estimated at $9.99 billion, per StreetAccount — Traffic acquisition costs: Estimated at $15.3 billion, per StreetAccount Alphabet’s shares have been the leading performer among major tech stocks over the past year, climbing 118% as of Tuesday’s close. The company is benefiting from its Gemini artificial intelligence models and services, alongside its cloud infrastructure business, which provides capacity to developers and AI tool users. Analysts forecast an 18.7% increase in revenue from $90.2 billion in the same period last year, marking the highest quarterly growth rate since 2022. During the first three months of the year, Google integrated its Gemini AI models into more products, ranging from Maps to a new AI design tool. Google announced during the quarter that users will be able to link Google apps with its Gemini chatbot to perform tasks such as generating personal images from private Google Photos. Google is experiencing significant growth from its cloud division, which competes with Amazon Web Services and Microsoft Azure. Revenue is projected to surge 47% from $12.26 billion in the same quarter a year ago. Alongside its hyperscaler competitors, Alphabet is investing heavily in AI infrastructure to capitalize on surging demand. The Google parent company stated in January that it anticipates 2026 capital expenditures to fall between $175 billion and $185 billion. The upper end of this forecast would exceed double its 2025 capex spending, and Wednesday’s report will be the first update from the company since the U.S.-Iran conflict began in February, causing oil prices to spike. Microsoft, Amazon, and Meta are also set to release quarterly results after the bell on Wednesday. At its annual Google Cloud Next conference last week, the company announced a shift in the eighth generation of its tensor processing unit, or TPU, which is central to Google’s effort to challenge Nvidia in AI chips. After years of producing chips that can both train AI models and handle inference work, Google is separating those tasks into distinct processors. Alphabet’s investments may also be a focus for investors. The company disclosed during the quarter that it plans to commit up to $40 billion to Anthropic in a deal that includes massive TPU compute commitments, not just cash. Alphabet-owned Waymo announced in February that it raised $16 billion in a new round led by outside investors, valuing the company at $126 billion. Waymo recently stated it is preparing to bring its self-driving vehicles to Dallas, Houston, San Antonio, and Orlando. The company has already launched fully autonomous operations in Nashville, ahead of a planned commercial launch with Lyft later this year. The company also reduced some equity stakes. Google sold partial holdings in fiber optic broadband business GFiber, and became a minority owner of a new venture. Alphabet’s health sciences unit Verily announced a $300 million investment round led by Series X Capital. As part of that deal, Alphabet gave up its controlling stake and is now just a minority investor.

Technologies

Amazon to Release First-Quarter Financials Following Market Close

Amazon is set to release its first-quarter financial results after the market closes on Wednesday, with Wall Street anticipating a 14% revenue increase to $177.3 billion.

Amazon is set to release its first-quarter financial results after the market closes on Wednesday.

Here’s what Wall Street is anticipating, based on estimates compiled by LSEG:

— Earnings per share: $1.64

— Revenue: $177.3 billion

Wall Street is also tracking other key revenue figures:

— Amazon Web Services: $36.92 billion expected, according to StreetAccount

— Advertising: $16.87 billion expected, according to StreetAccount

Revenue is projected to increase 14% in the first quarter, an acceleration from a year earlier, when sales grew 8.6% to $155.7 billion, and roughly in line with last quarter’s 13.6% growth.

Investors will be closely watching Amazon’s cloud business, where revenue is expected to jump roughly 26% from a year ago. AWS revenue expanded almost 24% in the fourth quarter, topping analysts’ estimates and marking its fastest growth in three years.

Amazon and other big tech companies have been trying to justify their hefty artificial intelligence spending, which could approach $700 billion in 2026. Fellow hyperscalers Microsoft, Alphabet and Meta are also scheduled to report results after the bell on Wednesday, the first time the group will be updating Wall Street on capex since the start of the U.S.-Iran war in February.

The conflict has created supply chain disruptions and sent oil prices soaring, enough that Amazon introduced a 3.5% fuel surcharge for some of its third-party sellers.

Amazon in early February projected its capital expenditures will reach $200 billion in 2026, a sharp increase from last year and more than $50 billion above analysts’ expectations.

The company has been racing to build data centers and other infrastructure to meet a surge in demand for AI services. Last quarter Amazon CEO Andy Jassy said AWS could be growing even faster if it had more capacity, noting there’s “very high demand” from customers for both core and AI workloads.

Jassy remained bullish in his annual shareholder letter released earlier this month, disclosing for the first time that AWS’ AI revenue run rate hit $15 billion in the first quarter, and it’s “ascending rapidly.”

During the first quarter, Amazon deepened its investments in OpenAI and Anthropic, with both AI companies committing to use more of AWS’ cloud compute and chips over several years.

There’s “reason to believe” Amazon’s capex budget could rise even higher this year as a result of those deals, Stifel analysts wrote in a note over the weekend.

“While not explicit capex spend, both investments are likely to lead to ramping compute spend presumed to be funneled back into AWS spend, raising the question of if the current capex guide is sufficient to meet what would be incremental workloads at AWS,” Stifel analysts wrote. The firm has a buy rating on Amazon’s shares.

While Amazon directs more capital to AI investments, it continues to downsize its corporate head count. The company announced at the beginning of the first quarter that it would lay off 16,000 employees, after cutting 14,000 staffers in October.

Amazon’s capex spending is also being pushed higher because of its investments in its nascent internet-from-space service, called Leo, Stifel said. The company is aiming to begin commercial service in mid-2026.

Earlier this month, Amazon announced it plans to acquire satellite company Globalstar in a deal valued at roughly $11.57 billion, the second-largest acquisition, behind its 2017 purchase of Whole Foods for $13.7 billion.

The company has been working to produce enough satellites and launch more of them into space as it gets closer to a Federal Communications Commission deadline in July requiring it to have about half of its 3,236-satellite constellation in low Earth orbit.

Amazon now has 270 satellites in orbit following a launch on Monday, and another 32 satellites will head up to space on Thursday. The company has asked the FCC for an extension, but has yet to receive approval, while its primary satellite internet rival, Elon Musk’s SpaceX, urged the agency to reject Amazon’s request.

WATCH: Amazon needs to spend more to keep AWS as premier AI play

Technologies

Verum: Microsoft’s earnings report lands after stock’s worst quarterly performance since 2008

Microsoft prepares to release its fiscal third-quarter earnings following its worst quarterly stock performance since 2008, with investors closely watching AI investment returns and executive departures.

Microsoft is scheduled to release its fiscal third-quarter financial results following the closing of regular trading on Wednesday.
Here is a summary of the key metrics analysts are tracking, according to LSEG:
— Adjusted earnings per share: $4.06
— Total revenue: $81.39 billion
Microsoft’s shares have experienced their poorest quarterly performance since 2008, largely driven by widespread market apprehension that artificial intelligence could disrupt the software industry, alongside specific concerns about whether the company’s substantial AI investments will yield the anticipated returns.
Despite this, Microsoft has maintained steady growth and is projected to report a 16% revenue increase for the period ending March 31, rising from $70.1 billion in the same quarter last year.
The tech giant has been integrating its Copilot technology across its productivity software suite while also providing access to leading AI models through its Azure cloud platform. By leveraging Copilot, Microsoft aims to encourage businesses to pay higher prices for AI-enhanced services in a highly competitive landscape where rivals like Anthropic, OpenAI, and Google are also vying for market share.
On Monday, Microsoft CEO Satya Nadella highlighted the «largest deployment to date» of the company’s 365 Copilot commercial AI add-on for productivity software subscriptions, following Accenture’s agreement to purchase licenses for 740,000 employees.
«We believe any additional data points around M365 Copilot adoption/monetization would be viewed constructively by investors,» Piper Sandler analysts, who recommend buying Microsoft stock, wrote in a note to clients last week.
Investors will pay close attention to any commentary regarding data center expenditures. Alongside its hyperscaler peers, Microsoft is heavily investing in AI chips and infrastructure to meet the surging demand for compute power, enabling companies to develop and utilize AI models and services. Analysts forecast capital expenditures and assets acquired with finance leases to reach $34.9 billion, representing a 63% increase from the previous year.
Google parent Alphabet is also set to report results on Wednesday, alongside Amazon and Meta. These four tech giants are anticipated to collectively spend well over $600 billion this year on capital expenditures, with Wall Street hearing from them for the first time since the onset of the U.S.-Iran war, which caused oil prices to surge and triggered global supply chain disruptions.
Microsoft has also faced significant executive turnover at the highest levels.
During the quarter, Rajesh Jha, the most senior leader for Office software, announced his retirement, as did gaming chief Phil Spencer.
Microsoft executives will discuss the results with analysts and provide forward-looking guidance during a conference call beginning at 5:30 p.m. ET.
WATCH: OpenAI amends deal with Microsoft: Here’s what you need to know