Samsung Galaxy Note 7 went official earlier this week and some analysts also believe that its sales will hit millions by the end of the year.
The company expects that Samsung Galaxy Note 7 sales will surpass that of its predecessor, the Galaxy Note 5 in major markets across the globe.
Analysts’ Predictions and Market Expectations
The statements were made by Samsung’s mobile head Koh Dong-jin during a press conference with Korean reporters. There were no specific sales targets revealed, but we’ve already seen some analysts share their estimates about the Galaxy Note 7 sales.
Recently, Hyundai Securities analyst Kim Dong-won estimated that Samsung may sell around 12 million units of the Galaxy Note 7 by the end of this year, a little less than Galaxy S7 Edge which became the best-selling handset for the first half of 2016 with 13.3 million units sold. This prediction is based on the strong pre-order numbers and the positive reception the device has received from both critics and consumers alike.
The Galaxy Note 7 is expected to perform exceptionally well in key markets such as the United States, Europe, and South Korea. The device’s advanced features, including its iris scanner, water resistance, and enhanced S Pen functionality, are likely to attract a wide range of consumers, from tech enthusiasts to business professionals.
Global Launch and Availability
Samsung Galaxy Note 7 is set to launch in the US on August 19th, while the customers in the UK will be able to purchase the handset from September 2nd. It should hit other key markets across the globe in the coming weeks, and it’s already up for pre-orders in several markets. The staggered release dates are part of Samsung’s strategy to ensure a smooth rollout and to manage supply chain logistics effectively.
In addition to the US and UK, the Galaxy Note 7 will be available in countries like Canada, Australia, and several European nations shortly after its initial release. Samsung has also planned extensive marketing campaigns to promote the device, including partnerships with major carriers and retailers to offer attractive deals and bundles.
The Galaxy Note 7’s launch is crucial for Samsung as it aims to maintain its lead in the competitive smartphone market. The device’s success could also help the company recover from the challenges it faced with the Galaxy Note 5, which, despite being a solid device, did not meet sales expectations in some regions.
Moreover, the Galaxy Note 7’s innovative features, such as the HDR-capable display and the improved camera system, are expected to set new standards in the industry. These advancements not only enhance the user experience but also position Samsung as a leader in smartphone technology.
The Samsung Galaxy Note 7 is poised to be a significant player in the smartphone market for the latter half of 2016. With strong analyst predictions, a strategic global launch, and a host of cutting-edge features, the device is well-equipped to surpass the sales of its predecessor and solidify Samsung’s position as a top smartphone manufacturer.
Source: SamMobile
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