The flawed and questionably expensive Samsung Galaxy Fold was finally introduced in September 2019 in the United States and other countries around the globe. This week, a company executive of Samsung revealed the sales numbers of the Galaxy Fold for the past year, which were approximated between 400,000 and 500,000 units worldwide. Surprisingly, those numbers seemed to match up with the predictions of the company.
The reveal of the numbers
The official numbers were revealed earlier this week by Koh Dong-Jin, CEO and president of the IT & Mobile Communication department of Samsung. He made his statement to reporters during the 2020 Consumer Electronics Show (CES) that took place in Las Vegas.
The number is quite surprising given the fact that back in December, Samsung Electronics’ Presiden Young Sohn stated that the official sales numbers of the Samsung Galaxy Fold were as high as 1 million. However, the company was quick to refute that number.
Delayed launch and consequences
The Samsung Galaxy Fold was initially set for a release in late April 2019. Unfortunately, some hardware issues were revealed by media outlets that received preview units. The release date of the phone was pushed back 5 months to fix all the issues. However, the price tag that was just shy of $2,000 combined with limited overall availability were part of the list of reasons why Samsung had such pessimistic predictions regarding sales of the device.