Samsung recently unveiled its latest Galaxy S-series flagship smartphones, including Galaxy S20, S20 Pus, and S20 Ultra. While the company obviously has high expectations from these models, Apple analyst Ming-Chi Kuo isn’t much convinced.
As per his estimated, the South Korean giant will manage to sell about 32 million units of the Galaxy S20 series smartphones in this year, which compared to the previous-generation models isn’t much.
Kuo adds that Samsung sold around 36-38 million Galaxy S10 models last year. He states that there’s a lack of significant innovation in user experience for the latest handsets, despite the massive hardware upgrades.
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Since Samsung has already introduced a price cut for the Galaxy S10 series, which now starts at $599, the company won’t suffer in terms of revenue. The loss revenue because of the new Galaxy S20 lineup will be made up by the previous-generation models with this new price cut.
Interestingly, the report from Ming-Chi Kuo contradicts what Counterpoint Research predicted in its report. The research firm said that the newly launched Galaxy S20 will outsell its predecessor.
The pricing of the Samsung Galaxy S20 series starts at $1000 in the United States, higher than the $700 starting price of Apple iPhone 11. While the S20 Plus and S20 Ultra $1200 and $1400, the iPhone 11 Pro and 11 Pro Max starts at $1000 and $1100 respectively.
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(Via)
