Samsung Increases Sales Target for the Gear S3

At the end of August the highly anticipated Samsung Gear S3 was presented at the International Funkausstellung in Berlin. A release date is now already fixed: From 15 November, the Smartwatch will be available in Germany, pre-orders are already possible. Samsung apparently seems to have no doubt that the S3 also becomes a sales sling.

Reports from South Korea suggest that the company has significantly increased its sales target for the new Smartwatch. Compared to the sales revenue of all Smartwatches and fitness trackers from last year, the Gear S3 alone will make 60% more sales.

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According to International Data Corporation (IDC), Samsung sold a total of 3.1 million Wearables last year. It was reported that Samsung expects the own Samsung Gear S3 will sell 5 million times. It is unclear, however, to which period this should take place. It is to be assumed, however, that this sales number refers to the entire “life” of the Gear S3. Nevertheless, these figures bear witness, should they be true, of a very optimistic and self-confident South Korean company.

Samsung also has every reason for this: the Gear S2 is one of the most successful smartwatches ever. Needless to say, the Gear S3 is not just designed to make it even better. The same is true for the competitor Apple. The California-based company is hoping to become an Apple Watch Series 2. It will show whether Apple can continue to hold its own on the Smartwatch throne.

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