When it comes to debating the meaning of a trivial word, "sold" is the new "is."
At least it…uh, is…at Samsung. The company had originally bragged of selling two million of their Galaxy Tabs in Q4 2010. But during a recent earnings call to analysts, Samsung executive Lee Young-hee admitted that those two million Tabs were sold to distributors, which she referred to as "sell-in" — as opposed to actual consumer (or "sell-out") numbers, which were considerably smaller, although no actual quantities were bandied about.
Taking a glass-half-full approach to projected 2011 sales, Lee claimed to be "quite optimistic" (again, without any numbers being quoted), but added ‚ÄúAs you know, the tablet is relatively new and we need to see how the market develops before we give any firm numbers.‚Äù
While no one could have honestly expected iPad-class sales numbers right off the bat, it's clear that – by comparison to the Galaxy Tab – Apple's tablet is so far ahead of the pack it isn't even a fair race. And thanks to a combination of bad accounting and fuzzy math, Samsung looks like it's even further behind.
[Via the Wall Street Journal]