Samsung Galaxy S4 sales hit 10 mn units since its April launch - Indian Express

Reuters : Seoul, Thu May 23 2013, 10:26 hrs Samsung Electronics said sales of the latest version of its flagship Galaxy S smartphone have reached 10 million since its launch in late April, making the model its fastest selling smartphone. The S4, the South Korean firm's challenge to Apple's iPhone, is already selling in 60 countries and Samsung plans to expand sales to 327 carriers in 155 countries by next month, the world's biggest smartphone maker said on Thursday. Solid sales have come even as supply issues have snarled the US roll-out through some carriers. Analysts expect strong sales of the fourth version of the Galaxy, which has propelled Samsung to the top of the $225 billion smartphone market since its debut in 2010, will help the firm report record earnings in the current quarter. Despite mixed reviews of the S4 by gadget experts, Samsung is benefiting from heavy marketing as it bids to gain market share in the absence of new competing models from Apple. Samsung won a record 33 per cent of the smartphone market in the first quarter, and JP Morgan analysts expect its operating profit to top Apple's this quarter for the first time in years. ALSO READ Your smartphone could be worth $12,000, finds new survey The Irish tax code loophole behind Apple Inc's low tax bill BlackBerry shifting emphasis from smartphones to services First Look: New Microsoft Xbox One elegant, but much unknown Please read our terms of use before posting comments TERMS OF USE: The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s). via Technology - Google News http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEp3glv2a0hMFMOUHlU0Ik2wVYkZw&url=http://www.indianexpress.com/news/samsung-galaxy-s4-sales-hit-10-mn-units-since-its-april-launch/1119573/

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