The overhyped “competitor” that never was

I usually try not to write much about non-Apple news here, but this is a classic “I told you so” scenario.

Upon earlier reports that the Samsung flagship phone, the Galaxy S4, is not selling too well in local (and many foreign) markets, today we have Wall Street finally telling us exactly that.

Samsung’s stock took a serious beating upon news of a major slowdown on sales of the Galaxy S4, despite announcing that they have shipped 10 million S4s to sales channels all over the world within 28 days. It is however, believed that less than 30% of shipped Galaxy S4s were sold to consumers, with the remainder in warehouses as unsold stock.

In other news, iRadio finally look like it is going to happen next Monday after all.


About MacRyu.com

MacRyu is the Mac Blog by Singaporeans and for Singaporeans. It was started in April 2007 as a side project of the then President of the Official Mac User Group of NUS, Ryu, and grew to become possibly one of the most popular Apple-related sites based in Singapore. MacRyu hopes to provide you with more Mac-related info, thoughts and stuff, from the Singaporean perspective.

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P.S. Nice! We've hit 284122 hits in July 2010!

P.P.S OMG! We've hit 407548 hits in Oct 2011!

Steve Jobs (1955-2011)

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