Apr 17 2014, 12:08pm CDT | by Ahmed Humayun
It is a pretty common sight to see manufacturers trying to raise sales digits for their newest releases in order to create some artificial hype and attract more customers and Samsung has been no exception to this market rule. The company claims that its new flagship Galaxy S5 has managed to sell off 30% more units as compared to the predecessor Galaxy S4.
The sales figures of the phone had been met with a lot of criticism and most reviews stated that the higher sales figure is mostly due to the launch which took place in more markets this time (125 vs the 63 for the Galaxy S4). And it was also assumed that the demand remains constant since the demand for high end phones has reached saturation and at this point of maturity in the product life cycle, there seems to be little opportunity left for further growth.
However, a new report from the UK retailer Phones4u states the opposite of this assumption. According to this report, the Samsung Galaxy S5 saw twice the sales of the Galaxy S4 on launch day and it has been enjoying similarly high interest since. So far there have been no exact numbers revealed by the retailers or even Samsung but still the news remains to be pretty impressive and it is surely doing a good job of attracting customers. Samsung is soon going to roll out its financial performance for the first quarter of this year but unfortunately it is not going to take into account the sales of the Galaxy S5 since it launched midway of April but the results for the second quarter will surely have its impacts.
Ahmed Humayun is a technology journalist bringing you the hottest tech stories of the day.
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