There have been many reports suggesting the Samsung Galaxy Gear, Samsung’s smart watch, hasn’t done well in sales since it’s been made available. Samsung’s own lack of noise about sales seem to indicate that as well, as the company loves to boast big numbers whenever they’ve achieved them.
Another indication that the smart watch might not be doing well is a recent price drop in India (and this isn’t some $20 discount that you’d be likely to overlook). Reports indicate the device has been discounted by $120, and that this is a permanent price adjustment.
So now we’re left wondering: will Samsung be doing the same for other regions? Many folks already believed $300 was far too steep of a price to pay for the Galaxy Gear, especially considering the limited functionality this first release had. It also didn’t help that the device could only be used with select Samsung products (and even then, only after they got upgrades to newer firmware to support the watch).
A price drop would also indicate that Samsung is looking to launch the second version of the Galaxy Gear alongside the Samsung Galaxy S5, which we believe will be announced at Mobile World Congress later this month. It’s no secret by now that Samsung rushed the Galaxy Gear out to market, so such a quick turnaround to the sequel isn’t all that surprising. As for the current model, let’s hope we’re in for the same price drop that 0ur Indian friends have gotten at some point in the near future.