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Galaxy Gear Not a Flop After-all; 800,000 Units Shipped to Retailers

dgstorm

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Despite poor reviews and an unappealing price-tag, it appears that Samsung's Galaxy Gear smartwatch is turning out to be a solid success, relatively speaking. According to a couple of reports, Samsung has already shipped 800,000 units to retailers world-wide. Additionally, 50,000 units have already been actually sold to customers in South Korea alone. This has far surpassed Samsung's own initial expectations. These numbers also put it far ahead of competing devices from Pebble and Sony.

Samsung issued a statement regarding the surprise success of the device, "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."

One of the reasons for the increased success of the device can easily be attributed to incentive programs to help push the device out the door. This includes bundling it with the Galaxy Note 3, and there were even some UK carriers who offered it for free if customers purchased the 5.7-inch smartphone on a two-year contract.

Of course, there have also been reports that up to 30% of consumers in the U.S. have returned the device, which does not bode well for its future sales. It will be interesting to see how the sell-through numbers match up with the shipping to retail numbers when everything is finally tallied. Regardless, shipping out 800,000 units to retailers in only 2 months is nothing to scoff at. This would mean that retail shipments of the Samsung Galaxy Gear could be on par or better than the Moto X.

Source: Engadget
 
I'd like to know the terms of these "shipments" - consignment or returnable? They will probably eventually sell all 800k, but at what price? At $50 they might sell like hotcakes...
 
I'd like to know the terms of these "shipments" - consignment or returnable? They will probably eventually sell all 800k, but at what price? At $50 they might sell like hotcakes...

BINGO! That in no way means 800k people have bought one. For $50 I'd buy one, for $300 not in a million years.
 
BINGO! That in no way means 800k people have bought one. For $50 I'd buy one, for $300 not in a million years.

Well, typically the retailer HAS bought those, so it counts as a sale for Samsung. Now whether the retailer sells those or not is a different story. But it's hard to believe retailers being dumb enough to buy 800k of them, unless Sammie strong-armed them into doing it (and we don't know the wholesale price).
 
What can you do with them that you can't do on the phone. It is more like an overgrown wrist watch, I haven't worn a watch since I started carrying a phone. Does it require an addition to your data plan?
There ads miss me because I don't watch any of them.
 
Does it require an addition to your data plan?.

No, I believe it connects to your phone via bluetooth, which is even dumber. With shared data plans these could be good for outdoor/active lifestyles. But if you have to carry your phone with you, anyway, then what's the point?

Maybe the idea is your phone is big and clumsy for running and stuff, so you strap it to your calf or something and then you can track progress and get messages on your watch.
 
A few others have hit on a key point, 800K units have "SHIPPED" to retailers, while that's money in Samsung's pockets that doesn't really mean consumers are buying. If you consider that it's the week before Thanksgiving (i.e. Retailers have already ordered or taken possession of their inventory) 800K units is really quite pathetic... Samsung could have really knocked it out of the park (I was really excited upon first hearing about it) but they missed the mark completely...
 
When the S4 first came out the "half a gazillion shipped" (obvious sarcasm) raised a lot of eyebrows and got a lot of ews and ahs about such big numbers. Next came the rumor of the S5 releasing early due to sluggish SALES of the S4.
I'll take this report about the numbers SHIPPED with a grain of salt.
With it only working on a few devices in the foreseeable future I look for history to repeat itself

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