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Samsung Galaxy Gear smart watch sells 800,000 units in 2 months [u]

post #1 of 112
Thread Starter 
Since its debut in late September, Samsung's Galaxy Gear smart watch has sold 800,000 units -- far more than the 50,000 originally claimed by an erroneous rumor [updated].

Galaxy Gear


Update: Samsung has subsequently issued an announcement to reveal that it has sold 800,000 total units since the Galaxy Gear went on sale in late September. The official announcement dispels a rumor originally reported on. The initial, now-disputed report, remains below.

Daily sales of the device to date are between 800 and 900 units, according to a story published Monday by BusinessKorea. According to the publication, those sales are "far below the initial expectations" market watchers had for the wearable device.

The Galaxy Gear launched in September to a great deal of hype and fanfare from Samsung, including a series of television spots pushing its debut. Reports revealed that the South Korean electronics maker quickly scrambled to finish the product and push it to market, as the wearable computing space continues to heat up.

The Galaxy Gear was widely panned in reviews at launch, as critics cited a high $300 price tag, limited functionality and poor battery life as significant knocks against the wrist-worn accessory. The device was also initially limited to connectivity with the Galaxy Note 3 smartphone, but support for the Galaxy S3, S4 and Note 2 was eventually added.

Earlier reports also indicated that resellers such as Best Buy were seeing exceptionally high return rates on the Galaxy Gear of up to 30 percent. That allegedly prompted concern among Samsung, who asked employees of its Best Buy-based Samsung Experience shops to ascertain reasons for the high incidence of dissatisfaction.

Speculation has been mounting that Apple is planning to release its own so-called "iWatch" at some point in the next year. It's been claimed that such a device would focus on biometrics and health information feedback.

In other Samsung supply news, a report from KoreaIT News published on Monday claimed that the company plans to ship 100 million tablets in 2014. The company's supply chain is reportedly gearing up for materials and parts to ship a massive number of tablets on the company's behalf next year.
post #2 of 112

Galaxy Gear watch and the Curved phone show true innovation. 

post #3 of 112
Samsung's watch was garbage from the get-go. This comes to zero surprise to anyone with half a brain. I think they put this crap out there simply to say they came out with it first so when (if) Apple comes out with their own polished and useful version, they can copy it and say it was just an "evolution" of their existing first-to-market piece of crap.

That's Samsung's R&D right there. Copy/Paste/Rename. Done.
post #4 of 112
Apple will do a smart watch the right way.
post #5 of 112
post #6 of 112
I actually think that is better than I would have expected for what amounts to a high priced accessory. I do think it was a "we will ship first" so we can't be accused of copying Apple product.
post #7 of 112
I would never buy one of these. When I got a cellphone it freed me from having to wear a watch. For a company to convince me to put something back on my wrist, the product has to be spectacular. I'm looking forward to what Apple and Google have coming.
post #8 of 112
Quote:
Originally Posted by AppleInsider View Post

The Galaxy Gear... South Korean electronics maker quickly scrambled to finish the product and push it to market, as the wearable computing space continues to heat up.

Clearly it is not "continuing to heat up".  Global daily sales of 850 units over a two month debut in the general consumer marketplace can't be described as anything except a dismal failure in a virtually nonexistent market.  Apple must be laughing themselves silly, their misdirection having worked so flawlessly.

post #9 of 112
Quote:
Originally Posted by wakefinance View Post

I'm looking forward to what Apple and Google have coming.

Apple, Google THEN Samsung AGAIN with their natural evolution of design, just full to the brim with original innovation...that by pure coincidence resembles the other products.

Don't forget how the timeline works.

1wink.gif
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post #10 of 112

What a joke. I wouldn't want one of those Samsung watches even if it cost $29.99.

post #11 of 112

I know someone who got this.

It was comical watching him fumbling around trying to do simple things.

 

I still believe Apple will do it right and make it intuitive.

post #12 of 112
Others have said it but unless there is truly remarkable product in this space why put something back on my wrist? It has to enhance my life or it is a no go.
post #13 of 112
Originally Posted by AppleInsider View Post
Daily sales of the device to date are between 800 and 900 units…

 

We know the stats; I just forget them. How many iPhones are sold every second, again?

 

Originally Posted by rcoleman1 View Post
Apple will do a smart watch the right way.

 

And if that way happens to be “not at all”, then so be it.

 
Originally Posted by TechProd1gy View Post
why put something back on my wrist? It has to enhance my life or it is a no go.
 

Exactly.


Technology is a fickle thing. Pockets aren’t representative of other clothing in any respect. Everyone puts every thing in pockets, but actively wearing something is a different matter. If you make a piece of technology that is meant to be explicitly worn, people have to want to wear it. It’s absolutely no different from a plain piece of clothing, either. Those one-piece jumpsuits you always see people in the 2000s wearing in old movies? Doesn’t work. Because people don’t want to wear them. It doesn’t matter why they don’t, they just don’t, so they don’t sell. 

 

There has to be an explicit reason for the device to exist if you’re going to get John Q. Public to wear it. It has to do something that nothing else you’d either be wearing or carrying with you does, not just operate as an extension of those other things. That’s just not good enough.

Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already fucked.

 

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Originally Posted by Slurpy

There's just a TINY chance that Apple will also be able to figure out payments. Oh wait, they did already… …and you’re already fucked.

 

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post #14 of 112
Quote:
Originally Posted by TeaEarleGreyHot View Post
 

Apple must be laughing themselves silly, their misdirection having worked so flawlessly.


I don't think Apple did anything of the sort.  Thank the media and so-called industry "moles" for essentially guessing.  Apple did nothing nor said anything about what they were doing.  Of course Tim Cook did mention something about wearable devices but that could be anything.  Needless to say, I'm sure Tim and Jony are having more of a chuckle knowing that Samsung has proven without doubt that without Apple leading the way, they are about as innovative as pond-scum.

I'm sure Apple has test devices deep within the bunker of R&D.  They would be foolish not to at least be entertaining the idea.  It may come to fruition, it may not.  I'd bet that they have 99 prototypes for every 100 than never see the light of day.  


Edited by sflocal - 11/18/13 at 2:16pm
post #15 of 112
I hear the next version will have 20% more fugly.
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post #16 of 112

I personally believe the whole iWatch concept, product leak idea, call it what you want but I think it was apple' strategy to make Samsung waste R&D and Advertising $ on things they know will not be a hit.

 

Remember this is war and as in any war, miss direction and miss information is just as an important tool to winning as knowing the facts.

post #17 of 112
Samsung was able to find 50,000 idiots to buy its watch. You can fool some people some of the time.
post #18 of 112
Quote:
Originally Posted by sflocal View Post

Of course Tim Cook did mention something about wearable devices...

iSocks?

iJocks? (RAM not included, nor upgradeable)
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post #19 of 112
I wonder if the "50,000 unit sales" includes the 30% return rate, which would actually amount to about 35,000 unit sales. Has anyone actually seen someone wearing a Gear watch? Hardly sounds like the wearable computing space "continues to heat up."
post #20 of 112
Look into Troy Wolverton's reporting on Apple touch ID failure.

10 years ago mr Wolverton wrote an article for the street.com claiming that Abercrombie and Fitch was out of style because the color black was out of style. The article was written to bash Abercrombie for short sellers and was nothing but lies. How do I know this? Because at the time I was the largest individual shareholder outside of management, and knew a thing or two about the company. More specifically, that Abercrombie and Fitch does not make any clothing in the color black or with black in it. Got that.

I've gotten lazy in my old age, but apple insider should spend a few days looking into mr. Wolverton and the people behind his present motivations. It will fascinate your readers.
post #21 of 112
I have an iPod in my pocket that I use like a watch. Works fine, though I do have to reach into my pocket for the iPod, rather than glance at something mounted on my wrist.

Perhaps Apple has not released a smart watch because it can't be made to make sense for most consumers.

Then again, maybe Apple knows how to make a device that does work out.

We shall see.
post #22 of 112
Quote:
Originally Posted by sflocal View Post
 


I don't think Apple did anything of the sort.  Thank the media and so-called industry "moles" for essentially guessing.  Apple did nothing nor said anything about what they were doing.  Of course Tim Cook did mention something about wearable devices but that could be anything.  Needless to say, I'm sure Tim and Jony are having more of a chuckle knowing that Samsung has proven without doubt that without Apple leading the way, they are about as innovative as pond-scum.

I'm sure Apple has test devices deep within the bunker of R&D.  They would be foolish not to at least be entertaining the idea.  It may come to fruition, it may not.  I'd be that they have 99 prototypes for every 100 than never see the light of day.  

I saw your comment after I posted mine, I would say do not be so naive about what businesses do, They do in fact send out miss information about what they are or are not doing. You are looking at this too literal, just because Apple the company did not say or Cook did not they were or were not working on a Watch does not mean the information we are all seeing was not purposely put out there.

 

Remember the Asteroid product that leaked out. 

 

http://www.lowendmac.com/rumormill/06/0609.html

 

You can argue what the motives were, but what you can not argue is this, the product idea was leaked to lots of sources, there was presentation about the products, apple took actions to stop the information spread, but no product ever saw the light of day. You have to ask yourself, would apple have killed the product after putting up such a fight just because it was leaked. Have you seen apple kill any product which was leaked ahead of time. Yeah it may have been something they were playing with in the back room, as you pointed out, but you do not go to the level they did one a concept. 

 

I believe much of the rumor product information is done on purpose these days so people can not tell what is truth or made up and the competition waste resources reacting to it.


Edited by Maestro64 - 11/18/13 at 3:25pm
post #23 of 112

What a horrible, horrendous product that deserved to epically fail. But hey, they were "first", and that's all that matters, right? When Apple actually releases a wearable device done right, everyone will crow about how they copied Samsung or something. 

 

Oh, and I have yet to witness a single person wearing any of these smart-watches in real life. The space is still ripe for the taking. Apple should take its sweet time getting it right, there's no hurry as everything out there is still a fail. 

post #24 of 112
I love how the article ends saying Samsung is planning to ship massive numbers of tablets.

How many watches did they ship? Massive numbers probably.

They just couldn't sell any.
post #25 of 112
Quote:
Originally Posted by Johnny Mozzarella View Post
 

I know someone who got this.

It was comical watching him fumbling around trying to do simple things.

 

I still believe Apple will do it right and make it intuitive.

If you are wearing a smart watch I'd say the only intuitive thing to to is to remove the watch and put it in a drawer. Apple will NOT make  a watch that is nothing more than an extension to what is already in your pocket. There is nothing very intuitive about looking at your wrist (awkward angle) to read an email, or whatever. If a wrist band of some sort (maybe not even around the wrist) can read a number of vital signals from the body - blood pressure, blood sugar, heart rate, etc, then everything changes. 

post #26 of 112

To put this in comparison, Does anyone know how many Fuelband Nike sold, it interfaces with the phone and it tell time as well. I bet they sold more than Samsung in the same amount of time.

 

Also, does anyone know the market size for watches, let hope it does not include sun dials and such, we do not want to over state the market size do we.

 

EDIT: answer to one of my questions, the below information is from a company that does follows watches and stuff and this report was last published in 2006. They use to publish the ever 2 yrs since 1995. so been 6 yrs since the last report, do you think it a market worth getting into. You think Apple was a chunk or all of $7.1B.

 

Quote:
Modern watches and clocks offer the style, the function, the gadgetry, or the mark of status, to suit any man, woman or child. The $7.1 billion market also offers big opportunities for any marketer, from the huge multinational, to the tiny basement operation. Yet this same market is difficult to navigate, because it is highly fragmented, with lots of competitors; sales through every channel from department stores to jewelry stores to hardware stores; and pressure from rival time-telling devices such as cellphones and PDAs. ...

Edited by Maestro64 - 11/18/13 at 1:38pm
post #27 of 112

We are Samsung.

We have no clue until Apple shows us how to.

We did it just to show the world "hey, me too"

 

Pathetic bastards. Only know how to duplicate other's designs.

post #28 of 112
In all fairness, the smart watch is a tough nut to crack. That a major company is even trying with a big push is hopeful news to those of us who have wanted one for a long time. I'm glad there are those of you out there who don't want such a thing, but there are many of us who do. Being able to check notifications and control certain phone functionality without having to pull a phone out of our pocket, bag, or suitcase, such as at a meeting, dinner, etc where such a gesture would be cumbersome or disruptive.

It's pretty clear after the iPod nano watch phenomenon that Apple users are interested in the same thing, so why all the negativity?
post #29 of 112

Watches and glasses are not where the market will be with "wearable computing".   The big breakthrough will be when the Android tin foil hat is released.  And the Google Beanie with cloud-source controlled spinning propeller.  

post #30 of 112
Quote by sflocal View Post:

...Samsung has proven without doubt that without Apple leading the way, they are about as innovative as pond-scum.

ROFL  :)

 

Quote:

I'd be that they have 99 prototypes for every 100 than never see the light of day.  

 

Huh?  I think I know what you mean....

post #31 of 112
Who needs or wants a watch? That's akin to a woman's corset.
 
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post #32 of 112

Okay I now see why Samsung went after this market they must have read this headline from an analysis in 2011, this is after watch sales have been declining since 2008. It appear luxury models are growing again thus the price point Samsung set.

 

 

Quote:

Global Watches Market to Reach $46.65 Billion and Clocks Market to Reach $5.42 Billion by 2017, According to a New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global report on Watches and Clocks market. Although tempered by the recent economic recession, the global market for watches is projected to reach $46.65 billion, while the global clocks market is projected to reach $5.42 billion by the year 2017. Growth in the watches and clocks market over the next few years will be primarily driven by resurgence in demand for luxury watches, growing popularity of fashionable and innovative models and robust demand from developing markets, particularly Asia-Pacific.

 

post #33 of 112
In all fairness, Sammy has 100% of the shitty smart watch market. I'm not saying the market is shitty, just Sammy's attempt.
post #34 of 112
Hey Sammy, how bout a 6" curved smart watch? Huh?
post #35 of 112

this is why I've been scratching my head wondering why apple and others want to get into watches. The reason why less people are wearing watches is because all the info they need is on their smartphone. what will a watch have that my phone won't. No need to buy a watch. This could be a big dud for apple like ping

post #36 of 112
Later next year once Apple releases the real thing with a curved glass wrap around design which will sell in the millions Samsung will copy it and another lawsuit starts with before and after iWatch slides for the jury to ignore just like the iPhone before after pictures.

Originally Posted by Rickers - 2014

Cook & Co will bury Apple.  They can only ride Steve's ghost for so long.  Steve == Apple and Apple == Steve.  

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Originally Posted by Rickers - 2014

Cook & Co will bury Apple.  They can only ride Steve's ghost for so long.  Steve == Apple and Apple == Steve.  

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post #37 of 112
Lol. This must surely have come as a surprise to media outlets like CNBC, which alone covered it in breathless detail -- with the obligatory 'Apple was beaten to the punch by Samsung, and has lost its ability to innovate' -- at least 50,000 times! lol.gif
post #38 of 112
Quote:
Originally Posted by TeaEarleGreyHot View Post
 

 

Huh?  I think I know what you mean....


Fixed it.  Damn auto-correct. :)

post #39 of 112
"plans to ship 100 million tablets in 2014"

So one of each model then.
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post #40 of 112

I think this 50000 sold figure is way out. I'm pretty sure that many of these were bundled into special deals, like buy a Note 3 and get a Gear for that much off or even for free.

 

Either way, WAY TO GO SAMSUNG

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