Samsung Sold 40 Fewer Galaxy S5 Units Than Expected
Earlier today, the WSJ reported that Samsung is looking at an internal reorganization of its management because of its poor performance. The same report also suggests that Samsung sold 40% lesser units of the Galaxy S5 than expected. To make matters worse, the company product about 20% more units of the devices based on the survey data provided by the carriers. This led to millions of units of the Galaxy S5 piling up in Samsung’s warehouse, which led the company to increase its marketing budget to bolster the sales of the device....