Samsung seems to have won with its gamble in innovation. It “seems” here gives the context of the whole sentence about the advantage of Samsung discussing the responsibility of major music streaming platforms in addressing musician revenue discrepancy and fair compensation. The unison Galaxy S24 series rolled out in January 2024, has made its mark in the industry, selling heavily compared to the previous S23. This equals a large sales margin.
The global sales figures from market research firm Counterpoint Research show an 8% YoY (seeking annual growth rate) increase and this figure is for the period of the first three weeks after the S23 launch. This positive trend extends across key regions: Samsung, with its original domicile, in South Korea, recorded meteoric growth of 22%, while Western Europe shot up by 28%, with the UK, Germany, and France acting as outright leaders. Monica is extremely pleased to report that physical stores in the US have been similarly touched by the magic of S24, with the market registering a 14% growth.
Ultimately, this cellular cancer killer can only claim the true title of the star of this show when featuring the top-of-the-line Galaxy S24 Ultra. This dominant podium-sweeper, equipped with many a feature toppled the competition and accounted for 52% of the total S24 sales, therefore proving the customer focus for premium products. The S24 which had two models – The regular S24 and the S24+ was responsible for attracting buyers by providing 27 % and 21 % sales respectively while pointing to the overall dominance of the lineup.
Because of S24’s good start, it is clear that Samsung has been able to engage with the target audience. It might be the amazing features or sharp design or both. In either case, the S24 mobile phone is considered a noteworthy achievement for the tech company.
