“It was found that ‘Galaxy S5,’ Samsung Electronics’ flagship smartphone, was sold by around 38,000 in a week since its launch,” etnews reports. “This means that only 5,500 were sold on an average a day, which falls short of the initially estimated 7,000.”

“According to a market surveyor, Galaxy S5 was sold in a smaller quantity than Galaxy Note 3, which had been released seven months ago,” etnews reports. “It is very much unprecedented for a flagship smartphone model to be sold in a smaller quantity than an old model during the initial phase of its release.”

MacDailyNews Take: This is likely because it’s a piece of plastic garbage.

“As Galaxy S5’s sales performance is slower than expected, it affects the factory prices of old smartphone models including Galaxy S4. As of the 9th, the factory price of Galaxy S4 (LTE 48-Q) is KRW 954,800, which is the same as before. Samsung Electronics has lowered the factory price of Galaxy S3 twice before the release of Galaxy S4 and once after,” etnews reports. “‘The attention to Galaxy S5 is bound to do down if the factory price of Galaxy S4 (KRW 954,800) is decreased to be lower than that of Galaxy S5 (KRW 866,800),’ said a communications industry insider. ‘It would be difficult to adjust the prices as the lowering of S4’s factory price will also inevitably affect the factory price of Galaxy Note 3, a popular model.'”

MacDailyNews Take: Gee, that’s too bad. 🙂

Full article here.

MacDailyNews Take: Karma.

[Thanks to MacDailyNews Readers “Fred Mertz” and “Dan K.” for the heads up.]

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