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High Prices, Pandemic Lead to Soft Samsung Galaxy S20 Sales

Compared to the Galaxy S10 launch, the S20 lineup is having a tough time out of the gate, according to data from Wave7 Research. Maybe it wasn't the best time to launch a $1,500 smartphone.

 & Sascha Segan Former Lead Analyst, Mobile

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Samsung's Galaxy S20 line faced sales troubles even before the coronavirus crisis hit, with sales down compared to the Galaxy S10 launch, according to a plurality of carrier store reps surveyed by Wave7 Research. The main problem is price: the $1,500 Galaxy S20 Ultra and $1,200 Galaxy S20+ just seem too rich for many shoppers' blood, with the $999 Galaxy S20 becoming the line's most popular model.

Wave7 surveys wireless carrier dealers each month to see how sales are going. The $949 Galaxy Note 10 was the second-most-popular Samsung phone in the survey, "as some customers appear to be resistant to high Galaxy S20+ and Galaxy S20 Ultra pricing," the survey says.

The Galaxy S20 line featured a considerable price bump from the Galaxy S10 line, and hit shelves on March 6 just as the global coronavirus crisis began to crash the world economy. While the three Galaxy S10 models started at $749, $899, and $999, the new Galaxy S20 models cost $999, $1,199, and $1,499.

The mid-sized Galaxy S20+ is our choice of the three models, because of its support for all of the US's 5G networks.

Sales aren't down everywhere, as 20 percent of store reps said sales were up this year vis-à-vis the Galaxy S10 series, the report says. One dealer cited in the report said the Galaxy S20's camera advancements—probably the highly touted "space zoom"—was driving interest.

And other countries may be seeing other trends. A report on SamMobile from late March says that while Galaxy S20 sales were down in Korea compared to the S10, the S20 Ultra was the best-selling unit on pre-order.

The unlocked Galaxy S20 is already on sale at Amazon for $200 off the list price, at $799.99, with the S20+ running $999.99, and the S20 Ultra running $1,378.98.

Sales Mostly Down, As You'd Expect

After the pandemic hit, Wave7 asked 48 dealers what happened to their daily new-line activations. As you'd expect, 37 said activations were down; 17 said they were down by 50 percent or more.

Of the seven dealers who said activations were actually up, the research firm pointed out that some of them had stores around them close, so they may have been the only remaining carrier dealers "for many miles."

Research firm CCS Insight, cited in the Wave7 report,  says global smartphone sales are likely to be down by 13 percent in 2020. That's raised rumors that Apple may delay the launch of the 5G iPhone, which was expected in September.

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About Our Expert

Sascha Segan

Sascha Segan

Former Lead Analyst, Mobile

My Experience

I'm that 5G guy. I've actually been here for every "G." I reviewed well over a thousand products during 18 years working full-time at PCMag.com, including every generation of the iPhone and the Samsung Galaxy S. I also wrote a weekly newsletter, Fully Mobilized, where I obsessed about phones and networks.

My Areas of Expertise

  • US and Canadian mobile networks
  • Mobile phones released in the US
  • iPads, Android tablets, and ebook readers
  • Mobile hotspots
  • Big data features such as Fastest Mobile Networks and Best Work-From-Home Cities

The Technology I Use

Being cross-platform is critical for someone in my position. In the US, the mobile world is split pretty cleanly between iOS and Android. So I think it's really important to have Apple, Android and Windows devices all in my daily orbit.

I use a Lenovo ThinkPad Carbon X1 for work and a 2021 Apple MacBook Pro for personal use. My current phone is a Samsung Galaxy S21 Ultra, although I'm probably going to move to an Android foldable. Most of my writing is either in Microsoft OneNote or a free notepad app called Notepad++. Number crunching, which I do often for those big data stories, is via Microsoft Excel, DataGrip for MySQL, and Tableau.

In terms of apps and cloud services, I use both Google Drive and Microsoft OneDrive heavily, although I also have iCloud because of the three Macs and three iPads in our house. I subscribe to way too many streaming services. 

My primary tablet is a 12.9-inch, 2020-model Apple iPad Pro. When I want to read a book, I've got a 2018-model flat-front Amazon Kindle Paperwhite. My home smart speakers run Google Home, and I watch a TCL Roku TV. And Verizon Fios keeps me connected at home.

My first computer was an Atari 800 and my first cell phone was a Qualcomm Thin Phone. I still have very fond feelings about both of them.

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