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Samsung sees 95% drop in profits for a second consecutive quarter
(www.androidauthority.com)
This is a most excellent place for technology news and articles.
Just because it's more modern doesn't mean it's a 1:1 replacement.
Wired is cheaper, and it has better quality, but it can also be annoying if you're doing sports.
It's the same for HD and SSD. I still prefer HD to store multimedia and backups, despite being slower and older than SSD.
There is no reason for them not to coexist.