JPMorgan estimates over 20 million units sold in less than half a year

Jul 12, 2012 08:39 GMT  ·  By

Galaxy S III, Samsung’s current flagship Android-based device, is the most anticipated smartphone of the year, and it appears that it is indeed capable of living up to its name.

According to recent estimates from JPMorgan analysts, Samsung managed to sell over 6.5 million Galaxy S III units in the second quarter of the year, and should sell more than double in the third quarter.

While Q2 kicked off in April and ended in June, the smartphone was made available for purchase only in the second part of the quarter, which makes the 6.5 million figure even more impressive.

As for the third quarter of the year, JPMorgan estimates over 15 million Galaxy S III units to be sold around the world, French newspaper Les Échos reports. This should further prove that the device is destined to become highly successful.

Overall, Samsung should be able to sell more than 20 million Galaxy S III devices in the first two quarters of availability.

For comparison, we should note that Samsung announced that it sold the first 10 million Galaxy S II units only after five months of availability.

However, things are different with the Galaxy S III from a variety of angles, including the market availability.

Unlike its predecessor, Galaxy S III enjoyed expanded reach around the world right from the start, and landed on shelves in the United States roughly one month after being released on the international market.

The fast availability across the pond boosted sales, something that Galaxy S II did not benefit from last year. The phone was launched in the United States only towards the end of the summer. Galaxy S III was launched with Google’s Android 4.0 Ice Cream Sandwich platform loaded right from the start, and Samsung is expected to provide users with an upgrade to the newer Android 4.1 Jelly Bean as well, most probably before the end of the year, yet no official word on this has emerged.