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The Samsung Galaxy S22 series became the best seller of the Galaxy S21 family

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Samsung Galaxy S22 series phones were launched in early 2022. These smartphones were made available to buyers with upgraded cameras, the promise of receiving updates for a long time, and stylish design. Now it seems that these models are bringing in more revenue for Samsung compared to the Galaxy S21 family.

Samsung noted in its earnings report for the third quarter of 2022: “The Galaxy S22 series, which was released in the first six months of this year; It maintained its strong sales momentum and caused Samsung’s revenue to experience significant growth compared to last year.

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This does not necessarily indicate that the sales of the Galaxy S22 series will be higher compared to the Galaxy S21 family. For example, this phenomenon can indicate the higher sales of Plus and Ultra models compared to 2021. Additionally, it could be argued that Samsung is selling devices with higher memory capacity than last year. However, Samsung’s recent statement suggests that the Galaxy S22 family will contribute more to the company’s profitability than the Galaxy S21 series.

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Flip phones continue to grow in popularity. As Samsung also points out; Apparently, the new folding devices of this company have been better received by buyers compared to the previous models. Despite the challenging market environment, sales of the Samsung Galaxy Z Fold 4 and Galaxy Z Flip 4 have grown significantly compared to their predecessors.

This does not seem so surprising; Because with the release of each new version of Galaxy folding phones, the sales of this model have been more compared to its previous generation device. But this shows that Samsung has presented a strong performance in the foldable phone market. In any case, Samsung’s premium smartphones seem to have better business performance than their predecessors. According to Canalys, considering the 9% drop in the global smartphone market during the third quarter of 2022, such an achievement seems quite remarkable.

Source AndroidAuthority

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Adib

Adib Zahedi is the CEO and Founder of mazhd.com. He has nearly a decade of experience in IT, including two years spent working on a Youtube Chennal. He is also an author and writes articles for mazhd.com. Has articles include tutorials and covers everything from Windows PCs to smartphone's software.

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