Galaxy Note 7 Sales Were Up 25% Over The Note 5 Prior To Recall
A report from earlier today had suggested that Samsung had rushed out the Galaxy Note 7 in order to get ahead of the iPhone 7. The report claims that Samsung was working on the rumors that the iPhone 7 would be “boring”, and thus decided to pack as many features as they could into the Note 7 to blow the competition away.
However we all know how that turned out, but prior to the Note 7 handsets being recalled, it seemed that Samsung’s strategy was working. According to a report from Fierce Wireless, it turns out that the sales of the Note 7 was actually 25% up over last year’s Note 5 which is a rather impressive feat, and we reckon those numbers could potentially have been higher had the phone not encountered any issues.
According to BayStreet Research’s Cliff Maldonado, “We have now lowered our Note 7 forecast to ~60% of the Note 5 and are closely tracking how long consumer’s memories are regarding this unfortunate incident. Best case, this is similar to an automobile recall and quickly forgotten with the new / replacement item viewed as safer than before. Worse case, this is remembered like the quality of Siri or Apple Maps and very difficult for consumers to forget.”