Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,154,978 members, 7,825,053 topics. Date: Sunday, 12 May 2024 at 02:40 AM

Samsung Says Galaxy S5 Unit Sales Is 40% Lower Than Targeted - Phones - Nairaland

Nairaland Forum / Science/Technology / Phones / Samsung Says Galaxy S5 Unit Sales Is 40% Lower Than Targeted (526 Views)

MTN ZONE Never Lower Than 12 Kobo Per Sercond? Help / Is There Still Anyone Selling MTN SME Data Of Lower Than 1gb? / Microsoft To Buy Nokia Phone Unit (2) (3) (4)

(1) (Reply) (Go Down)

Samsung Says Galaxy S5 Unit Sales Is 40% Lower Than Targeted by imtech(m): 12:55am On Nov 25, 2014
A new report has claimed that Samsung's current
flagship, the Galaxy S5 has underperformed in
the global market leading to thousands of the
devices 'piling up' in warehouses. The Wall Street Journal cites sources who say that as a result, the South Korean company is now considering a
shake-up at the management level. The report suggests that the company sold only
12 million Samsung Galaxy S5 units in the first three months after its launch, which if compared
to its predecessor (the Galaxy S4), is 4 million less. The company overall sold nearly "40
percent fewer than projected". The report further added that sales were down
over 50 percent in China while the US market was
the only "major market" for Samsung where an
increase in sales figures were claimed. Samsung is said to have overestimated demand
for the Galaxy S5, which has led to a situation
where the company is spending more on
advertising to help move units which are piled up
in its warehouses. A Samsung spokesperson,
when contacted by The Verge declined to comment on the report and said, "We don't
comment on rumours and speculation." The figures are surprising considering that JK Shin, Head of Samsung's Mobile Business, claimed
back in May that the company had shipped more
than 11 million Galaxy S5 smartphones since its
launch, which was said to be more than the 10
million Galaxy S4 units that sold in the same
amount of time last year. Top-level executive changes said to be under
consideration include JK Shin "possibly ceding
his role". However, the report adds that the plans
are "far from final." Samsung, at a recent Investor Forum, announced plans to slash the number of smartphone models
it issues next year by up to a third. Samsung also reported that its July-September quarterly profit was the lowest in more than three years, suggesting a decline in earnings
from its smartphone business since 2011.

Re: Samsung Says Galaxy S5 Unit Sales Is 40% Lower Than Targeted by Defaramade(m): 7:11am On Nov 25, 2014
The competition is getting tougher everyday.
Re: Samsung Says Galaxy S5 Unit Sales Is 40% Lower Than Targeted by francis247(m): 10:37am On Nov 25, 2014
Defaramade:
The competition is getting tougher everyday.
Aside that, the specification also fell short of expectation.
Re: Samsung Says Galaxy S5 Unit Sales Is 40% Lower Than Targeted by Nobody: 3:21pm On Nov 25, 2014
samsung no fall my hands o......i love that machine and em hoping to acquire on soon o

(1) (Reply)

How To Root Android P5 Tecno With Framaroot (must Read) / Checking Account Balance Online / Samsung Galaxy Note 5 Details Emerge

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.