NEW YORK (TheStreet) - Samsung's new Android flagship smartphone, the Galaxy S 4 may just be too much of a success even before it hits store shelves.
The next few days had been hoped to be huge ones for the company in terms of the product launch and subsequent first day sales. But, there seems to be a problem keeping up with the expected demand. Although Samsung is planning a huge, global rollout of the new phone on Friday with events planned in their home market of South Korea, they're warning that early adopters may be disappointed.
Samsung is saying they're currently experiencing "supply chain problems" because of the overwhelming global demand for the new phone. They site a limited supply of memory components as the cause of the delay.
These delays are being felt by U.S. carriers too. Both Sprint (S) and T-Mobile have announced that in-store sales of the Galaxy S 4 will be delayed by a few days until supplies normalize and there are enough to keep everyone happy. Verizon (VZ), usually quite conservative with release dates for new phones, begins taking on-line orders tomorrow.AT&T (T) says they're not all that concerned and that S 4 sales in their retail stores will begin,, as planned, on Saturday. The Galaxy S 4 is a reworking of last year's, super-popular Galaxy S III phone. The new model sports a larger, 5-inch touchscreen capable of delivering 1080p, HD-quality video, a new 13 megapixel camera on the back and a slew of interesting features including tablet functions without actually having to touch the screen and a system which monitors your eye movements to control what's on the display.
Overall, early reviews of the new design have been quite positive. The only real complaints centering around the phone's outward resemblance to the previous model and the fact that Samsung prefers using a plastic shell (to minimize radio interference). We liked it too. You can watch our review of the Galaxy S4 here. --Written by Gary Krakow in New York. >To submit a news tip, send an email to: email@example.com.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV