Monday, January 31, 2011

Samsung says Galaxy Tab sales to consumers actually 'quite small'

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When is a tablet sold not actually a tablet sold? When it's a Galaxy
Tab, apparently. As The Wall Street Journal reports, those two million
Galaxy Tabs that Samsung reported it had "sold" in the fourth quarter
of last year were apparently not actual sales to consumers, but simply
sales to distributors (which is a different matter altogether). Even
more surprisingly, Samsung's Lee Young-hee further explained on an
earnings call on Friday that so-called "sell-out" sales to customers
were actually "quite small," but she wouldn't provide a specific
number. Somewhat confusingly, however, she also later noted that while
"sell-out wasn't as fast as we expected," Samsung still believes that
sales to consumers were "quite OK," and that it is "quite optimistic"
about 2011.

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