Top insider says Samsung’s slump will continue because the Galaxy S20 is a dud

%name Top insider says Samsung’s slump will continue because the Galaxy S20 is a dud by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Samsung took a calculated risk when it jumped from the Galaxy S10 in 2019 to the Galaxy S20 this year. Samsung certainly isn’t the only Android smartphone vendor to play fast and loose with its numbering scheme in recent years, but while it can be a clever marketing tactic, it can also backfire if the phone itself doesn’t also feel like a significant upgrade over its predecessor. And in the case of the Galaxy S20, it really doesn’t.

In a recent report, TF International Securities analyst Ming-Chi Kuo (via cnBeta) predicted that Samsung would ship 30-32 million Galaxy S20, Galaxy S20+, and Galaxy S20 Ultra phones this year. That might sound like a lot, and it’s nothing to sneeze at, but in 2019, Samsung sold an estimated 36-38 million Galaxy S10 series devices. Even if his projection is low, that’s still a huge dropoff for the biggest phone maker on the planet.

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Top insider says Samsung’s slump will continue because the Galaxy S20 is a dud originally appeared on BGR.com on Tue, 18 Feb 2020 at 16:21:01 EDT. Please see our terms for use of feeds.

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