November 20, 2024

Samsung Misled Investors and Analysts About Galaxy Tab Sales [Chart]

Posted April 11, 2014 at 4:52pm by iClarified · 12012 views
New documents that have surfaced in the second Apple vs. Samsung trial reveal that Samsung misled investors and analysts about sales of its Galaxy Tab, reports Fortune and AppleInsider.

Back in January 2011, Strategy Analytics reported that Samsung had already shipped 2 million Galaxy Tabs reducing Apple's share of the market to 75% from 95% in six weeks. The news was based on a vague comment made to investors by a Samsung VP.

New "Top Secret" documents unearthed by Apple reveal that rather than selling 2 million Galaxy Tabs in six weeks, it took Samsung all of 2011 to sell 1 million Galaxy Tabs. Samsung did admit that sales of the device were 'quite small' in its earnings call; however, as the charts below show, it sold even less than the Nook.

Take a look at the charts below...

[via Fortune] [AppleInsider]