The ground reality is that Samsung’s first foray into the world of wearable technologies has been anything but a success story. The thought that an early mover gets the advantage of a nascent market, certainly did not work in the favor of Samsung as the Galaxy Gear did not meet the expectations when it came to the sales numbers.
Half baked product along with the high pricing of the Galaxy Gear meant that the sales target have not been achieved. This is a rare case of failure for Samsung as so far pretty much everything they have thrown at the wall has stuck. However, addressing this issue Samsung has decided to revise the rate of the Galaxy Gear to Rs. 14,999 which is almost Rs 8,000 from the original price at which it was released.
— Manish Khatri (@MAHESHTELECOM) January 29, 2014
This clearly indicates that the device has failed to gain the sort of traction everyone expected it to. Although bundling the device with the Note III seemed like a fine idea at first, it did not work out how Samsung had anticipated. Also, with news that maybe the Galaxy Gear 2 may be around the corner at the IFA event, it makes little to zero sense for anybody to pick the Galaxy Gear even at the reduced price.
Via: Manish Khatri