Pacific Crest analyst John Vinh reports that initial demand for the new Samsung OTCSSNLF GS7 has been disappointing, despite aggressive buy-one-get-one-free promotions by carriers. According to Vinh, Samsung will not be the only one feeling the pain from the weak launch.
“Despite buy-one-get-one-free promotions, our carrier surveys in North America indicate the GS7 launch weekend was disappointing, which was consistent with carrier store sentiment from our prior survey work,” he explains.
Vinh notes that inventory levels on a days-of-inventory basis are already higher than they were two weeks after the GS6/GS6 Edge launch. He adds…
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