Samsung is busy in making tremendous sales from flagship of Galaxy S7. According to a Korean report the company is enjoy sales of its newly launched device, it didn’t reveal sales figures yet but mobile industry says that the smartphone could become the best-selling Galaxy phone ever in Galaxy lineup.
According to Korean telecom carriers, Samsung sold over 100,000 Galaxy S7 units in first week of its sales. If we talk about pre-orders, pre-orders for Galaxy S7 go faster than pre-orders for Galaxy S6. According to an online website, SamMobile, who is specialized in Samsung news, predicted that pre-order numbers in China exceeded 15 million units during the weeklong event that ended Friday.
The website added that pre-order numbers for Galaxy S7 exceeded as compare to galaxy S6. Samsung’s mobile chief and president Koh Dong-jin told reporters that “We are cheerful about the current sales pace”. He didn’t say anything on the sales target. Might be after receiving positive response from customers analysts also promoted their own sales viewpoint for the latest flagship.
As per Nomura Securities prediction, Galaxy S7 sales could hit the 9 million mark by the end of this month that surpasses the earlier estimates of some 8 million units. After the sales it is expected that profit margin will also increase. Though there is no design change, Galaxy S7 resembles to its predecessor but actually new user-friendly features such as separate memory card slot and water resistance are heartwarming sales positively. These two features are handy and according ti customers demand so sales are rising.
In addition, analyst of Shinhan Investment, Hyun-cheol said that Due to the heavy sales it is expected that price of Galaxy S7 will remain strong. “New devices that use foldable OLED or big data could elevate share prices further.” he added. It’s time to buy a latest flagship of Samsung which is available for $720.