Samsung CEO says S4 sales are just OK

“I can say sales of the Galaxy S4 smartphone are fine. It’s been selling well. The report (by JPMorgan) was based on its own analysis. Probably, the bank may have corrected its previous bullish estimate about the S4 sales.

These were the words of Samsung Electronics CEO JK Shin as he rebuked the report made by JPMorgan on low sales of Samsung Galaxy S4 which saw Samsung almost instantly saw a 6% decrease in shares value.

The Samsung Galaxy S4 has sold 10  million units in it’s first month and we are waiting for the end of Quarter 2 of 2013 to get you the full reports.

Source, Via