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Samsung Galaxy S8 Sells 5M Units So Far, Launch In More Countries To Yield Higher Numbers

Samsung Galaxy S8.Kārlis Dambrāns/Flickr

Although the unit is only available in a few countries right now, new reports reveal that the Samsung Galaxy S8 has sold more than 5 million units. This is an undeniably huge number, especially since it’s only been on the market for less than a month. Sales are expected to go higher once the smartphone arrives in more shores.

Since the Korean electronics giant has not released official figures yet, it can be difficult to tell exactly how well the S8 and the S8 Plus are doing. The 5 million number came via a Samsung spokesperson who revealed it to the Korean publication, The Investor.

“Although we cannot provide detailed figures, the sales are going smoothly around the globe,” the spokesperson said. “The combined sales already are beyond 5 million units.”

According to Samsung, the S8 will be available in over 120 countries by the end of May, which happens to include to consumer juggernaut China. Once the smartphones arrive at arguably one of the biggest markets in the world, unit sales are bound to jump significantly.

For now, the media can only rely on analyst predictions, which places units sold figures to be at 20 million by Q2 and up to 60 million in annual sales. This optimistic estimation reflects the general attitude of the market these days, which seems to have largely forgiven Samsung for the Note 7 fiasco.

Engadget also makes note of how the company boasted a few weeks ago that its pre-orders have surpassed S7 figures from last year. Considering the number of sold units that was revealed, it seems Samsung might not have been exaggerating, after all.

In any case, what Samsung and its investors would be interested in, at the end of the day, is how profitable the S8 will be. Before the launch of its latest flagship device, the Korean company enjoyed record-high profits, so it’s not too hard to see how the new handset will add to its bottom line.

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