Linked by Thom Holwerda on Tue 19th Nov 2013 15:47 UTC
PDAs, Cellphones, Wireless

Samsung Electronics Co said on Tuesday its Galaxy Gear has become the world's most popular smartwatch with sales reaching 800,000 since its debut two months ago, defying some market concerns the accessory would fail due to a lack of compelling features.

The South Korean firm said Gear sales have been better than its own expectations and it would expand sales promotions for the wearable device for the crucial year-end holiday sales.

Impressive for a poorly reviewed device. I guess this is what marketing and bundling can do - then again, without bundling, flagship smartphone sales would crumble like three week old bread too.

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Member since:

Aren't "shipped" products the same as "sold" as far as the manufacturer ( is concerned? The store buys the devices from the manufacturer and then resells to the end user with a markup. As far as Samsung/Apple etc are concerned they have sold the product. I very much doubt Samsung gives stock to AT&T etc in the hope they will sell them and agrees to take them back if they don't.

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shotsman Member since:

Stores will 'buy' a lot of this stuff in an unproven market the following:-

1) Sale or return
2) 120 day terms

Both of which help the cash flow of the store.

I remember having an interesting argument with one of my MBA tutors over this very point. We agreed to differ!!!!

with 120day terms the only figure the maker can quote are the shipped numbers.

We only have to look at what happened to Surface-1.

Time will tell as to how many get actually sold. I'll see what is happening with them at the Samsung shop on Portobello Rd at the weekend. Perhaps I'll give them a rant on how crap the Galaxy Mini is?

Reply Parent Score: 2