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Wireless

Samsung sells 11 mln Galaxy S5 phones

Thursday 15 May 2014 | 09:56 CET | News
Samsung said sales of its new Galaxy S5 flagship phone are outpacing the performance of its previous model by 10 percent. J.K. Shin, the company's co-chief executive who also heads the mobile business, said in an interview with the Wall Street Journal that sales of the new smartphone reached more than 11 million units since its launch in early April, outpacing the Galaxy S4, which sold about 10 million in the first month of its launch. Shin also said he thinks strong Galaxy S5 sales will lead to higher mobile profit margins and market share in the quarter. He declined to provide specific

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Categories: Mobile & Wireless
Companies: Samsung
Countries: World
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