Samsung expects to ship 35 million Galaxy S5's in Q2 2014 alone

Samsung aims high with its new Galaxy S5, where it hopes to ship a massive 35 million units before the end of Q2 2014.

@anthony256
Published Wed, Apr 16 2014 1:42 AM CDT   |   Updated Sat, Aug 8 2020 10:29 AM CDT

The Galaxy S5 is here, with millions already enjoying their new flagship smartphone from Samsung, but just how many Galaxy S5 handsets does Samsung expect to ship in the next couple of months? 35 million - that's how many.

Samsung expects to ship 35 million Galaxy S5's in Q2 2014 alone | TweakTown.com

According to The Korea Times, Samsung shipped 1.3 times as many Galaxy S5 smartphones in the first 24 hours of sales than the South Korean giant did with the S4 launch. Both investors and analysts are impressed with how well the S5 is selling, removing the fears they once had about market saturation or a shift away from Samsung.

One Senior Fund Manager spoke with The Korea Times, saying: "Against earlier expectations, the S5 was well-received by consumers in the global market. We don't have any plans to advise our big clients to unload their Samsung stock". According to insiders at Samsung, the company is hoping to ship over 35 million Galaxy S5 units by the end of Q2 2014.

Considering that Samsung has shipped 63 million Galaxy S4's since it launched last year, that is a helluva lot of Galaxy S5 smartphones. Mark C. Newman, a Senior Analyst at Bernstein Research in Hong Kong said: "We believe the mobile phone division performed better than our previous estimates on the back of the strong smartphone and tablet results "� higher units and higher margin "� due to lower marketing spending".

NEWS SOURCE:bgr.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

Related Tags

Newsletter Subscription

Latest News

View More News

Latest Reviews

View More Reviews

Latest Articles

View More Articles