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Samsung's Galaxy Note 10 series is seeing stronger sales than Galaxy Note 9
Now, the Korean manufacturer has announced its Q3 2019 financial results, and it’s confirmed that the Galaxy Note 10 series saw strong sales in the quarter. The firm didn’t reveal any specific sales figures, but did note (heh) that it achieved more success than the Galaxy Note 9.
“The Galaxy Note 10 in the third quarter exceeded its predecessor’s sales performance, presenting double-digit growth in volume,” Samsung explained in a press statement.
We suspect that the stronger sales are at least partly due to Samsung offering two Galaxy Note 10 models this year (versus one Galaxy Note 9 option in 2018). Counterpoint Research reported a similar trend when it came to early Galaxy S10 sales, saying that the addition of the Galaxy S10e (making it three S10 phones) helped Samsung deliver stronger first week sales in the US compared to the Galaxy S9 duo.
It also doesn’t hurt that the top-end Galaxy Note 10 model is an excellent device for the most part. Our own David Imel praised the phone for its display, performance, speakers, and flexible camera setup in his Galaxy Note 10 Plus review. But David also lamented the lack of a 3.5mm port and Samsung distancing itself from power users.
The Galaxy Note 10 sales weren’t the only positive point for the firm’s mobile division in Q3 2019. Samsung added that it saw strong sales of its mid-range Galaxy A series and better profit margins for its “mass-market models” (presumably including the Galaxy M series).
The company at large reported a quarterly profit of 7.78 trillion won (~$6.7 billion), as well as 62 trillion won (~$53.3 billion) in revenue. This is a sharp drop from a year ago, with Samsung attributing the performance to sagging memory chip prices.