Samsung will sell 46 million Galaxy S6 phones this year, up 20% from earlier estimates
Things continue to look very good for Samsung. They already upped their initial production of the Galaxy S6 and Galaxy S6 Edge to meet demand and now CitiBank analyst Henry H Kim is giving us even better news.
Initial targets had the Galaxy S6 pegged at 38 million for 2015, but Kim is now saying it’s likely to be more like 46 million. That’s a 20 percent increase. Interestingly enough, he didn’t even specify the Galaxy S6 Edge so those sales will be frosting on the cake.
Kim also said that Samsung will have about a 1 percent quarterly decline in operating profit for the 1st quarter. Obviously the GS6 and Edge won’t be available during the 1st quarter and there is an expected seasonal dip. However, Kim is expecting a 39 percent increase in quarterly profit during the second quarter.
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