Samsung’s Galaxy S4 smartphones are in high demand. One executive recently claimed that the South Korean tech company shipped out about 6 million GS4 headsets, which breaks the record for sales of previous generations.
The unnamed source explained, “As of the end of April, we supplied 4 million Galaxy S4 handsets to telecommunication operators around the world. Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) sold 4 million devices within a few days.” The company added, “As of Friday [May 10], we have sold more than 6 million units, and we predict that we could break the 10-million mark by as early as the end of this month.”
This report isn’t surprising, as all of Samsung Galaxy S smartphones sell well. However, it is notable that none of the previous generations have sold out as quickly as the Galaxy S4. Back in 2010, it took 85 days to sell 3 million Galaxy S smartphones and 55 days to sell 3 million Galaxy S IIs in 2011. Last year, it took just 21 days to ship 3 million Galaxy S III phones. Now Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) sold 6 million Galaxy S4 phones within 19 days.
Much of the company’s success can be attributed to their strong marketing push as well as extensive distribution agreements with wireless network operators throughout the world. Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930) introduced the new smartphone at the Radio City Music Hall last month and had another big event at Times Square. It also helps that the Galaxy S4 will be available at a variety of carriers such as Verizon Communications Inc. (NYSE:VZ), Sprint Nextel Corporation (NYSE:S), AT&T Inc. (NYSE:T), T-Mobile USA, US Cellular, and Cricket among many others. A recent report from Chitka claimed, “The Galaxy S4 seems to already be picking up where the popular Galaxy S3 left off. With its impressive growth rate, along with the upcoming Verizon Communications Inc. (NYSE:VZ) launch of the device, it’s likely that the Samsung Galaxy S4 will become the latest hit device for the Korean company.”
Samsung Electronics Co., Ltd. (LON:BC94) (KRX:005930)’s latest gadget prevails.