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Galaxy S20 Ultra exceeding initial sales expectations

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Although the cumulative sales figure of the Galaxy S20 series did not match the company’s expectations due to COVID-19 and other issues, the Galaxy S20 Ultra seems to be doing quite well. The highest-end model in the Galaxy S20 series, which is priced at $1,400 for the base variant, is reportedly beating market estimates.According to a new report from South Korea, it is being estimated that Samsung will sell around 20 million units of the Galaxy S20 series by the end of 2020, which is 40 percent less than the company’s initial expectations. Sales of the Galaxy S20 Ultra were initially expected to be anywhere between 3.5 million and 5.25 million units. However, it is now being estimated that the smartphone will cross 6 million units in sales, which is at least 15 percent more than initial expectations.Of the revised sales figure of 20 million units, the Galaxy S20, Galaxy S20+, and the Galaxy S20 Ultra are expected to sell 6 million, 8 million, and 6 million units, respectively. This is a pleasant surprise for the company as it is managing to sell so many units of such a premium phone. As a downside, suppliers of Galaxy S20 and Galaxy S20+ components are disappointed, while Galaxy S20 Ultra component suppliers are seeing an unexpected upturn in their business.Despite various issues that have been plaguing the Galaxy S20 Ultra, consumers are investing money in the highest-priced Galaxy S series smartphone ever. Even the Galaxy Z Flip, which is priced similar to the Galaxy S20 Ultra, has received a really good response from experts and users alike.

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