Samsung admits its iPad-rival Galaxy Tab sales were actually "quite small"

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  • Reply 81 of 159
    mstonemstone Posts: 11,510member
    Quote:
    Originally Posted by melgross View Post


    Channel stuffing is when a company puts more product into the channel than they KNOW they will sell just to make the financials. We would have to see evidence of that. It's a serious misjudgment, because it is illegal to report stuffing as income for the quarter.



    Maybe in the US? Are ETFs subject to the same regulations as US public companies? I don't know. Is it illegal in South Korea? I don't know that either. Anyway it doesn't matter since they came clean on the sales figures.
  • Reply 82 of 159
    Quote:
    Originally Posted by GmanMac View Post


    Nothing funnier than seeing DaHarder now desperately trying to justify this hunk of junk despite the facts.



    Yeah, well he may be an idiot and borderline illiterate, but apparently he's fairly wealthy. He also owns several iPads by his account and probably will buy a RIM playbook and a Motorola tablet when they come out too.



    It's probably half his problem. He doesn't have to think about what to buy or if he can afford it. He just rushes out and buys the latest whatever and then spouts off about it here. He's seeking validation of himself through his purchases which probably means he used to be poor or grew up poor, or something similar.



    It's the equivalent of buying the latest new car each year but taking it down to the local mall to wash it so everyone can see that you own it and admire you.
  • Reply 83 of 159
    quinneyquinney Posts: 2,528member
    Who is buying all those tabs and what are they doing with them?



  • Reply 84 of 159
    Quote:
    Originally Posted by mstone View Post


    Maybe in the US? Are ETFs subject to the same regulations as US public companies? I don't know. Is it illegal in South Korea? I don't know that either. Anyway it doesn't matter since they came clean on the sales figures.



    Yahoo search for Samsung President Jail



    You will find some interesting hits.



    I don't have a link but I read somewhere that the Samsung President (or CEO or founder) was given a presidential pardon because the Korean economy needed him...
  • Reply 85 of 159
    Quote:
    Originally Posted by melgross View Post


    It can't be assumed that this is channel stuffing. There could have been real expectations that both WP7 and the Galaxy Tab would have sold close to those numbers, even though it didn't work out.



    I commented on an older Dilger article where I pointed out he basically made up information to fit the article.



    You told me that AI writers don't make anything up, and that it is simply the writers opinion coming through in the article.



    I responded that it is confusing for readers as it is essentially impossible to tell what is factual news and what is opinion when it's all presented in the same feed.



    Do you see how it can be confusing now?



    One question. Was it Dilger that updated the article by Josh Ong with:

    Update: Samsung has admitted that its "sales" figures for Galaxy Tab are actually inventory channel stuffing and do not represent real sales to consumers.?



    If so, are the other writers OK with this?
  • Reply 86 of 159
    alfiejralfiejr Posts: 1,524member
    well, i punished myself and went over to TechCrunch to see if they have covered the Galaxy Big Flop story yet today. (their pages run some horrible script that ties up my processor at 50% for over a minute every page load - not Flash). TC of course is Android fanboy territory (except for one token Apple guy, MGS). why even as recently as last thursday they were hyping the 2 million sales story:



    http://www.crunchgear.com/2011/01/27...y-tabs-served/



    but gee, nothing there yet about the Flop Heard Round The World ... except for maybe the sound of the gnashing of teeth. and they are always so up to the minute, so hip!



    but i didn't troll. didn't rub it in with a comment there. they need time to lick their wound.
  • Reply 87 of 159
    Quote:
    Originally Posted by island hermit View Post


    My Wife, my dog and I have 3 each...



    DaHarder! Where has he been? Lol.
  • Reply 88 of 159
    postulantpostulant Posts: 1,272member
    Quote:
    Originally Posted by fila97 View Post


    DaHarder! Where has he been? Lol.



    Over at Engadget trying to convince anyone who will listen how cool the "Tab" is. Apparently no one believes him.
  • Reply 89 of 159
    Another iPhone/iPad "killer" bites the dust.
  • Reply 90 of 159
    nhtnht Posts: 4,522member
    Quote:
    Originally Posted by JeffDM View Post


    What specifically about the screens was pathetic? They seemed like pretty decent screens, so I'd like more information on why you didn't like them.



    Don't know about him but I liked the nook's IPS screen better than the S-LCD screen in the Tab. Obviously better viewing angles.
  • Reply 91 of 159
    nhtnht Posts: 4,522member
    Quote:
    Originally Posted by tundraboy View Post


    When I first saw 22% I thought 22% my ass. I should be seeing one Samsung in the wild for every 4 iPads but I ain't seeing it. I haven't even seen one Samsung, period.



    I've seen a couple Nook Colors in the wild (outside of B&N...I've seen 3-4 customers in B&N with NCs). I've never seen a samsung. When all is said and done I bet more Nook Colors got sold this Christmas than Galaxy Tabs.
  • Reply 92 of 159
    Quote:
    Originally Posted by tundraboy View Post


    When I first saw 22% I thought 22% my ass. I should be seeing one Samsung in the wild for every 4 iPads but I ain't seeing it. I haven't even seen one Samsung, period.



    I see them EVERYWHERE... in shop windows, and being sold by touts on street corners. I see iPads on the bus, on the MTR, on minibuses, in coffee shops...
  • Reply 93 of 159
    gotwakegotwake Posts: 115member
    Quote:
    Originally Posted by Prof. Peabody View Post


    Yeah, well he may be an idiot and borderline illiterate, but apparently he's fairly wealthy. He also owns several iPads by his account and probably will buy a RIM playbook and a Motorola tablet when they come out too.



    It's probably half his problem. He doesn't have to think about what to buy or if he can afford it. He just rushes out and buys the latest whatever and then spouts off about it here. He's seeking validation of himself through his purchases which probably means he used to be poor or grew up poor, or something similar.



    It's the equivalent of buying the latest new car each year but taking it down to the local mall to wash it so everyone can see that you own it and admire you.



    You assume he's telling the truth. I own an Aston Martin DB9 and a Cessna Citation X..... well, not really. But, I can look up reviews and talk about them with authority on a forum.
  • Reply 94 of 159
    axualaxual Posts: 244member
    It's a Galaxy that is far, far, away from initial lies about sales ... Sam has sung and the tune is not very good. Glad all those crack analysts were on the their case originally with penetrating questions like "when you sales, do you mean actual sales?"
  • Reply 95 of 159
    rptrpt Posts: 175member
    Quote:
    Originally Posted by Postulant View Post


    Over at Engadget trying to convince anyone who will listen how cool the "Tab" is. Apparently no one believes him.



    TechStud! We want TechStud
  • Reply 96 of 159
    penchantedpenchanted Posts: 1,070member
    Quote:
    Originally Posted by Dick Applebaum View Post


    Yahoo search for Samsung President Jail



    You will find some interesting hits.



    I don't have a link but I read somewhere that the Samsung President (or CEO or founder) was given a presidential pardon because the Korean economy needed him...



    alexkhan2000 is Korean and has written in a number of posts here about Samsung's behavior - none of it is flattering to Samsung.
  • Reply 97 of 159
    penchantedpenchanted Posts: 1,070member
    Quote:
    Originally Posted by addabox View Post


    Mmmm...



    Google "Tab sales quite small." This is a story all over the web, the headlines are typically in line with the AI piece. Just because something happens that reflects poorly on an Apple rival and AI reports it doesn't make some kind of DED spin.



    My only problem with this article was DED's presumption of channel-stuffing. 2m units for a 100 country/200 carrier launch is 10k units per carrier. Optimistic? Yes, but not overtly stuffing the channel even allowing for the large disparity of what each carrier might sell.



    On the other hand, the "our sell-in was quite aggressive" quote may well be a tell. Does "aggressive" mean they pushed their distribution partners into taking more product than what they really wanted?
  • Reply 98 of 159
    penchantedpenchanted Posts: 1,070member
    Quote:
    Originally Posted by RPT View Post


    TechStud! We want TechStud



    He's here under one of his countless aliases.
  • Reply 99 of 159
    I met a blog poster with seven wives, every wife had seven kids, wives and kids had seven iPads EACH, for every iPad they bought a Galaxy, and for every Galaxy they bought a Tab. Tabs, Galaxies, iPads kids and wives how many could Samsung fit in a channel?



    Sorry-just being silly. I'm stuffed from dinner. Stuffed channel catfish,mmmmm.



    My DaHarder tribute!



    I miss him!!
  • Reply 100 of 159
    Quote:
    Originally Posted by penchanted View Post


    My only problem with this article was DED's presumption of channel-stuffing. 2m units for a 100 country/200 carrier launch is 10k units per carrier. Optimistic? Yes, but not overtly stuffing the channel even allowing for the large disparity of what each carrier might sell.



    On the other hand, the "our sell-in was quite aggressive" quote may well be a tell. Does "aggressive" mean they pushed their distribution partners into taking more product than what they really wanted?



    Even at the numbers you suggest in your break-down, this was still a huge gamble Samsung made based on Apple's iPad numbers it seems. They assumed that people were buying the tablet form factor, not the Apple ecosystem. A huge error in judgement that the "sell-out" numbers demonstrated. So yes I think they were trying to coat-tail the iPad mindshare and dumped a lot of devices into their channels thinking the demand would be there. Bearing in mind also that Samsung is a parts supplier to Apple as well.
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