Samsung announced its second quarter financial results and announced that sales of the Galaxy S24 series have eclipsed the Galaxy S23. The South Korean tech giant’s latest flagship smartphone series has been quite successful in the market. The sales performance of the Galaxy S24 is seen as a great sign of success for Samsung.
Why did Galaxy S24 Sales eclipse S23?
According to Samsung’s press release, the Galaxy S24 series achieved ‘double-digit’ annual growth of percent compared to the Galaxy S23 series. This shows that in the first two quarters after its launch, the Galaxy S24 managed to surpass the sales of the Galaxy S23. This increase continued not only during the launch period, but also throughout the time the phones were on the market.
According to Hana Financial Securities, Galaxy S23 sales reached 31.1 million units in one year. If Galaxy S24 sales continue this trend, this figure is expected to exceed 35 million in early 2024. The Galaxy S24, Galaxy S24+ and Galaxy S24 Ultra are among the first phones that Samsung will offer Android OS and security updates for seven years. This is the biggest reason why it outperforms the S23. Customers are counting on sustainability.
The sales success of Samsung Galaxy S24 reveals how the brand’s new technologies and designs are received in the market. The Galaxy S24 series has managed to surpass the Galaxy S23 with its innovative features and powerful performance. What do you think? Please don’t forget to share your thoughts with us in the comments section below.
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