Samsung says fast-selling Galaxy S4 sales hit 10 mln

SEOUL Wed May 22, 2013 10:00pm EDT

SEOUL May 23 (Reuters) - Samsung Electronics Co said sales of the latest version of its flagship Galaxy S smartphone have reached 10 million since its launch in late April, making the model its fastest selling smartphone.

The S4, the South Korean firm's challenge to Apple Inc's iPhone, is already selling in 60 countries and Samsung plans to expand sales to 327 carriers in 155 countries by next month, the world's biggest smartphone maker said on Thursday.

Solid sales have come even as supply issues have snarled the U.S. rollout through some carriers.

Analysts expect strong sales of the fourth version of the Galaxy, which has propelled Samsung to the top of the $225 billion smartphone market since its debut in 2010, will help the firm report record earnings in the current quarter.

Despite mixed reviews of the S4 by gadget experts, Samsung is benefiting from heavy marketing as it bids to gain market share in the absence of new competing models from Apple.

Samsung won a record 33 percent of the smartphone market in the first quarter, and JP Morgan analysts expect its operating profit to top Apple's this quarter for the first time in years.

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Comments (8)
DaveNelson wrote:
Wow. Reuters has sunk to repackaging Samsung press releases as news. Funny how Samsung selling 10 million phones in a month is better than Apple selling 5 million phones over a single weekend.

How much is Samsung paying Reuters for this spin?

May 22, 2013 10:52pm EDT  --  Report as abuse
hanaro2 wrote:
Pentagon Approves Samsung Devices for Military Use– 5/02/2013.
Samsung Galaxy S4, other Knox devices approved for U.S. Dept. of Defense
networks—5/02/2013
“The DoD security requirement guidelines for mobile operation systems are one of the
highest security standards in the world and this marks the First Time for
Android-Powered GalaxyS4 device to meet such high security requirements.”

“While the military didn’t specifically mention Apple Inc. AAPL)’s products in the statement, it said several mobile devices and operating systems are going through the military’s security review and approval process.”

May 22, 2013 12:11am EDT  --  Report as abuse
hanaro2 wrote:
DaveNelson must be a bitter iSheep,LOL

May 22, 2013 12:14am EDT  --  Report as abuse
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