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Wednesday, May 14, 2014

Samsung Sells An Impressive 10 Million Galaxy S5 Units In 25 Days

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Samsung Electronics sold 10 million Galaxy S5 units worldwide in the smartphone’s first 25 days on the market, according to the Korea Economic Daily. Sounds like a lot of phones in just three and a half weeks, but let’s take a look at previous product debuts for some context.

While the newspaper didn’t cite where it got the number, the announcement is consistent with previous ones from the South Korean technology giant. Samsung had said it took seven months to sell 10 million of the original Galaxy S and five months for the Galaxy S2.
By the time the Galaxy S3 came around in 2012, Samsung had seriously upped its game. It sold 10 million S3s in a third of the time of its predecessor. The S4 hit the 10 million milestone in 27 days, a 46 percent improvement on the S3 debut.
Through that lens, the Galaxy S5 represents a modest acceleration of about 7 percent in early sales compared with the S4. That’s despite Samsung throwing in as much as $600 in freebies with the S5, including PayPal vouchers, premium LinkedIn accounts and a bunch of fitness apps. Samsung didn’t immediately respond to a request for comment
Samsung was criticized by the usual suspects for not going far enough with the S5, which added a fingerprint reader, better camera, heart-rate sensor and water-resistant coating. But Samsung is also getting squeezed on all sides by Chinese upstarts making low-end mobile devices at razor-thin margins, an anticipated slowdown for smartphone shipments globally and a distracting court battle with Apple. Last month, Samsung’s mobile-phone business posted its lowest sales in five quarters, and the company’s share of the world’s smartphone market fell for the first time in four years, according to researcher Strategy Analytics.

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