Samsung admitted that its Galaxy Tab sales have actually been 'quite small' during its quarterly earnings call, according to the WSJ.
In early December, Samsung announced it had sold one million devices "faster than expected". In January it announced sales of two million. It now appears that these were actually shipments to retailers rather than actual sales to customers.
Samsung executive, Lee Young-hee, had this to say,
"Well, your question was on sell-in and sell-out. As you heard, our sell-in was quite aggressive and this first quarterly result was quite, you know, fourth-quarter unit [figure] was around two million. Then, in terms of sell-out, we also believe it was quite small. We believe, as the introduction of new device, it was required to have consumers invest in the device. So therefore, even though sell-out wasn’t as fast as we expected, we still believe sell-out was quite OK."
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In early December, Samsung announced it had sold one million devices "faster than expected". In January it announced sales of two million. It now appears that these were actually shipments to retailers rather than actual sales to customers.
Samsung executive, Lee Young-hee, had this to say,
"Well, your question was on sell-in and sell-out. As you heard, our sell-in was quite aggressive and this first quarterly result was quite, you know, fourth-quarter unit [figure] was around two million. Then, in terms of sell-out, we also believe it was quite small. We believe, as the introduction of new device, it was required to have consumers invest in the device. So therefore, even though sell-out wasn’t as fast as we expected, we still believe sell-out was quite OK."
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