Is the Samsung Galaxy S5 More Popular than the iPhone?
The Samsung (SSNLF.PK) Galaxy S5 is definitely more successful its predecessor, the S4. So far in its first month of release, about 11 million of the smartphones have been sold, making the newest Samsung Galaxy smartphone a hit for the company and may help boost its sagging revenues.
Samsung’s mobile head, J.K. Shin, said that sales of the S5 have been good. “It’s been a month since we began selling the S5, and out of the gate, sales are much stronger than the Galaxy S4,” he told The Economic Times.
The Samsung Galaxy S4 sold 10 million smartphones in its first month. Shin noted that better preparation had lead to better sales this time around for the April release. The S5 has sold particularly well in the United States, Australia, and Germany. The phone also had strong preorders, reported CNET, which indicated that the device would do well in sales. In its first two weeks, it became evident that S5 sales were outpacing Apple’s (NASDAQ:AAPL) iPhone 5.
While no iPhone release-style hysteria occurred, the S5 is selling well enough to rival and even do better an iPhone. The iPhone 5 sold just more than 5 million phones in its first two months on the market, showing that Samsung may be outselling its rival, which is business as usual in the international smartphone markets. Samsung holds the largest market share of both the Android (NASDAQ:GOOG)(NASDAQ:GOOGL) market and of the overall smartphone market worldwide.
Outside of sales, the Samsung-Apple rivalry is alive and well. While the latest legal battle between the two in a San Jose, California, courtroom ended in Apple’s favor, sales have been trending in Samsung’s corner lately. In the world market Samsung outsells Apple, but in the U.S. Apple makes up a larger market share than Samsung. The fact that Samsung is currently experiencing strong S5 sales in the iPhone’s native country is good news indeed.
Customers aren’t the only ones who appreciate the latest smartphone in the Samsung Galaxy product line. The device received some positive reviews from various technology outlets, boosting the new phone’s profile. CNET lists it as an editor’s pick, with a 4.5 out of 5 star rating.
Samsung needs these strong sales to keep the company strong. Despite the fact that the company’s universe of products includes everything from tablets to dishwashers, about 70 percent of Samsung’s operating profit comes from its mobile division. Recent slips in mobile sales have caused the company’s profits to slide slightly. These good Samsung Galaxy S5 sales mean that the company may have a better quarter than its last. Outselling Apple is just the cherry on top of that increased revenue sundae.