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Samsung Galaxy S3 hits 10 million sales target
Samsung Galaxy S3 hits 10 million sales target
By: iMedia News Bureau

Samsung Electronics, the world's top smartphone maker, has another reason to rejoice. The South Korean company’s 2012 flagship device, the Galaxy S3 is selling like hot cakes.

The Samsung Galaxy S III has surpassed even the companies own expectations, crossing the ten million sales mark two weeks earlier than even Samsung predicted!

A well-managed and prompt global roll-out in 140 countries and months of iPhonelike anticipation for the device has seen the Korean giant ship an unprecedented number of units.

The company said earlier this month it expected a record operating profit of 6.7 trillion won ($5.9 billion) in the second quarter, boosted by strong sales of its flagship Galaxy smartphones.

Samsung which is battling with Apple's iPhone and iPad for supremacy in the lucrative smartphone and tablet market, has seen heavy demand for its new Galaxy S III phone

At this rate, Samsung is selling almost 200,000 Galaxy S3 units per day, and the company is expected to sell over 40 million Galaxy S3 units by the end of the year.

The super light device weighs 133g and is only 8.6 mm thick. It runs Android 4.0, Ice Cream Sandwich, and is powered by Samsung’s quad-core microprocessor and has 1GB RAM. The camera is 8 mega pixel which matches up to both the iPhone 4S and HTC One X.

Samsung shipped 44.5 million smartphones in the first quarter, exceeding the 35.1 million of US arch-rival Apple, according to market researcher Strategy Analytics in April.

By the end of July, the critically acclaimed Android-powered smartphone will be available from 296 carriers in 145 countries – making it Samsung’s biggest launch ever of a handset.

Meanwhile, Apple is expected to announce somewhere around 30 million iPhone sales for Q2 2012, it’s third quarter of fiscal year 2012, and the company’s next-gen iOS smartphone should hit stores at some point in fall.