Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Talking with your wallet + the Streisand Effect + a general dislike of bullies & monopolists = THIS
http://www.forbes.com/sites/benzingainsights/2012/08/28/did-apple-just-help-samsung-sell-a-ton-of-smartphones/Did Apple Just Help Samsung Sell A Ton Of Smartphones?
(snip) According to Trip Chowdhry, the managing director of equity research at Global Equities Research, customers “rushed” to buy Samsung’s flagship phone after the verdict was announced.
Chowdhry investigated multiple retail outlets — including Costco (NASDAQ: COST), AT&T (NYSE: T), Sprint (NYSE: S), and Verizon (NYSE: VZ) — to get an update on how the Galaxy S III performed this weekend.
Two out of three Costco stores were completely sold out of the T-Mobile and AT&T versions of the phone. The third location had the T-Mobile version in stock, but was sold out of the AT&T version.
All five of the AT&T stores that Chowdhry investigated experienced “significant sales” of the device, which has been outselling the iPhone 4S this month. The Galaxy S III has also outsold Apple’s smartphone at all five of the Sprint stores and all three of the Verizon stores that Chowdhry examined. However, only two of those Sprint locations had completely sold out of the Samsung-built device.
This is an intriguing outcome for Samsung, which had already produced smartphones that collectively outsold the iPhone by more than 20 million units. While it is unlikely that consumers decided to buy a Galaxy S III on the verdict alone, (which affects older Samsung devices), it is interesting to see where consumer desire is headed as we approach the release of the iPhone 5.
(snip) According to Trip Chowdhry, the managing director of equity research at Global Equities Research, customers “rushed” to buy Samsung’s flagship phone after the verdict was announced.
Chowdhry investigated multiple retail outlets — including Costco (NASDAQ: COST), AT&T (NYSE: T), Sprint (NYSE: S), and Verizon (NYSE: VZ) — to get an update on how the Galaxy S III performed this weekend.
Two out of three Costco stores were completely sold out of the T-Mobile and AT&T versions of the phone. The third location had the T-Mobile version in stock, but was sold out of the AT&T version.
All five of the AT&T stores that Chowdhry investigated experienced “significant sales” of the device, which has been outselling the iPhone 4S this month. The Galaxy S III has also outsold Apple’s smartphone at all five of the Sprint stores and all three of the Verizon stores that Chowdhry examined. However, only two of those Sprint locations had completely sold out of the Samsung-built device.
This is an intriguing outcome for Samsung, which had already produced smartphones that collectively outsold the iPhone by more than 20 million units. While it is unlikely that consumers decided to buy a Galaxy S III on the verdict alone, (which affects older Samsung devices), it is interesting to see where consumer desire is headed as we approach the release of the iPhone 5.
"Intriguing?" I don't find that intriguing at all.
2 replies
= new reply since forum marked as read
= new reply since forum marked as read
