Samsung confirms slow Galaxy S9 sales in quarterly report

Samsung’s latest quarterly earnings confirm what analysts were expecting: the Galaxy S9’s sales aren’t so hot.

In Samsung’s just released Q2 report, the South Korean electronics conglomerate missed the mark on Galaxy S9 sales targets. The smartphone, which was released at the end of last quarter, accounts for a major chunk of Samsung’s 4 percent year on year drop in revenue.

SEE ALSO: Samsung Galaxy S10 might come in three sizes, just like the new iPhone

Earlier this month, analysts warned that Samsung’s Galaxy S9 smartphone could be the worst selling Galaxy S series phone since the release of the Galaxy S3 in 2012. Analysts were estimating that the smartphone giant only shipped around 31 million Galaxy S9 phones since its release in March. Read more…

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from WebHits.io Blog http://blog.webhits.io/samsung-confirms-slow-galaxy-s9-sales-in-quarterly-report/