Sure 800,000 sold, 50,000 to end users and 750,000 sitting as inventory at various reseller warehouses and stores.
Oddly the article title says 'sells' http://blogs.wsj.com/digits/2013/11/19/samsung-sells-800000-smartwatches-since-launch/
john12345 wrote: »
According WSJ report, it's actually 800k SHIPPED, not SOLD.
I'm glad not every news outlet is glossing over this fact: "It's unclear whether those sales are sales to the retail channel or actual sales to consumers."
philboogie wrote: »
800k instead of 50k. Maybe they were using Excel?
shompa wrote: »
At least here in Sweden: When you buy a high end Samsung phone you get the Gear for free.
An educated guess is that they have given away 750K and sold 50K.
Probably 750,000 bundled with phone sales and 50,000 actually sold without a phone.
What if you have 99% market share, 1% profit share? Cash is the life-blood of a company, he who has more ca$h thrives while others die (not that Samsung isn't making profits, but if I were a company, $$$$ would be most important to me)
That's exactly what I'm thinking.
These watches have been heavily promoted. The ads for them are really cool and make it sound like these are devices from the future. So, 400K per month globally sounds like a pretty dismal failure.
Given the bombardment advertising and free giveaways, I wonder what Sammy's marketing costs have been per watch "sold"?
They told you what happen, it so popular they are continuing the "Sale Promotion" which is marketing speak for they are not selling so we have to entice people to buy, i.e. give them away to get them to buy something else.