Earlier this year, the Galaxy S22 series came out with better cameras, longer update commitments, refined designs, and more. While a lot of people thought of these phones as a very incremental upgrade, we now have confirmation that these phones are selling better than the Galaxy S21 series did.
Your Galaxy S22 is Doing Much Better Than You Think in the Market
“The Galaxy S22 series, launched in the first half, also maintained solid sales momentum, posting significant revenue growth from a year earlier,” Samsung mentioned during its Q3 2022 earnings call.
Now, the statement does not explicitly state that the Galaxy S22 series is selling more units than the S21 family. For what its worth, the statement could simply suggest that the S22+ and the Ultra variants are doing better than they did last year. Considering how Samsung also sells higher variant offerings of these phones, it could also point out that maybe, instead of selling more 256GB variants, Samsung is selling more 512GB variants, which would result in higher revenue automatically.
Whatever the case might be, the statement does point out the fact that the Galaxy S22 is helping Samsung more than the Galaxy S21 series. Not just that, Samsung has also pointed out that the new generation of foldable devices is outperforming its predecessors.
Sales of the Galaxy Z Fold 4 and Z Flip 4 showed strong growth compared with the previous models, despite a challenging market environment.
This should not really come as a surprise to anyone because every successive fold phone that Samsung came out managed to outsell the previous one but it is safe to say that the company is doing good as the foldable phones and the technology they are built upon are both improving.
It is also safe to assume that Samsung is doing good in the premium smartphone segment and will continue dominating the charts going forward.
The Galaxy S23 series should be going official in the first quarter of 2023 and if the rumors are true, will only be an incremental upgrade and honestly, that is fine.