Recently we picked up on a report that claimed that the Samsung Galaxy S5 has had a better first month than its predecessor. As per the report in the first month alone Samsung has been able to sell 10 million units. Head of Samsung Mobile J.K. Shin has confirmed that the company’s new flagship is off to a much better start, outperforming its predecessor by 10 percent in the first month.
Official sales figures for the first month since release stand at 11 million, according to Shin. It merits mentioning here that Samsung isn’t giving us an estimate of shipped units. The company has already sold 11 million units to customers in just one month, a clear sign that its smartphone business may be regaining momentum.
Galaxy S5 sales are no doubted aided by the fact that this smartphone was released in more than 100 countries around the world on one day. From the get go it had access to a significantly large potential customer base which would explain the better performance as compared to the Samsung Galaxy S4.
The confirmation from Samsung comes at a time when there’s already speculation that the company isn’t happy with customer response so far. There are also rumors that it is developing a “premium” Galaxy S5 variant with a metal body and a 2K display. While Shin confirmed none of those rumors, he did say that the company expects an increase in market share this quarter and higher mobile profit margins due to strong sales.