Sales Of Samsung Galaxy S4 Plummet 30% Sparking Fear With Investors
After Samsung launched the Galaxy S4 in April, it quickly took off as the smartphone makers fastest selling phone, but since then sales have been dropping. Suppliers who provide or maker parts of the S4 have reported a decrease in orders and production between 20% and 30%.
Making investors more worries is that Samsung plans to release a stripped down version of the S4 at a cheaper price, and investors fear it will eliminate profit margins. Samsung lost $12 billion on market value on Friday with its shares falling 6%.




