Tuesday, November 19, 2013

Samsung Announces Shipments of 800,000 Galaxy Gear Smart Watches Worldwide

Following reports of poor sales, Samsung announced worldwide sales of 800,000 Galaxy Gear smart watches; however, that has since been clarified as shipments rather than sales.

The revelation comes after a KoreaTimes report yesterday, that reported only 50,000 in cumulative sales for the device. That 50,000 number was likely for South Korea only.

It's now unclear exactly how many units of the device have been sold. Recently leaked documents showed that the Galaxy Gear has a return rate trending above 30%. It's also not clear how many units of the shipped inventory have been sold.

Samsung says the device has exceeded its internal expectations and that it plans to boost
sales promotions for the holidays.

"It's the most sold wearable watch available in the market place...and we plan to expand its availability by expanding mobile devices that work with the Gear," Samsung said.

Apple has yet to introduce a smart watch; however, it's rumored to be working wearable devices including an iWatch.

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- Posted using my iPhone 5s

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