It would appear Samsung has done its sales magic yet again. Despite a pronounced slowdown in the high-end market, its Galaxy S7 duo has managed to exceed sales expectations.
The figures are far from final, but according to Jay Yoo, industry analyst at Korea Investment & Securities, Samsung has already exceeded the initial 7 million unit estimate and has managed to ship around 9.5 million S7 phones. This has mandated some major forecast recalculations, which has naturally attributed for a raise in share value – 2.4% on Wednesday in an 18-week high.
It appears that the…
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