The first Samsung Galaxy Note was launched back in 2011. Its unusual display size lead many to believe that it might perform well, but the device has actually crafted a niche of its own. Just last week the company unveiled Galaxy Note 3, its third phablet, with a host of new improvements and features. At a press conference, Samsung co-CEO JK Shin revealed that the company has sold 38 million units of the Galaxy Note 1 and Galaxy Note 2 around the world.
He predicted that they’ll be able to sell over 10 million units of the new phablet. Shin also said that the company believes Galaxy Note 3 will outdo all of its predecessors. Shin also defended the $299 price tag of Galaxy Gear, its much rumored smartwatch. The device was unveiled alongside Galaxy Note 3 on September 4th. Shin says that the price is appropriate, adding that “it provides a lot of functions.” Both devices will be released in the U.S. over the coming weeks. The Galaxy Note 3 has a full HD 1080p display, a Qualcomm Snapdragon 800 2.3GHz processor with 3GB of RAM and USB 3.0. The company says that it is the first smartphone to ship with Android 4.3 pre-installed. Most major U.S. carriers have already revealed their Galaxy Note 3 release dates.