Galaxy Tab sales are 'quite smooth' not 'quite small'

It has been widely reported over the past couple days that Samsung Galaxy Tab sales have been "quite small," quoting Samsung exec Lee Young-hee during an earnings call. However, Young-hee didn't say "quite small," but rather "quite smooth." Bit of a difference there.

Here is what is being quoted:

“Well, your question was on sell-in and sell-out. As you heard, our sell-in was quite aggressive and this first quarterly result was quite, you know, fourth-quarter unit [figure] was around two million. Then, in terms of sell-out, we also believe it was quite small. We believe, as the introduction of new device, it was required to have consumers invest in the device. So therefore, even though sell-out wasn’t as fast as we expected, we still believe sell-out was quite OK.”

This is a case of one misinterpretation that spread like wildfire. We have included the audio snippet that has been quoted as well as a link to the entire call so you make you're own judgement. [Earnings call via Samsung Tomorrow]

YouTube link for mobile viewing

Sean Brunett