The high number of shipped Galaxy S5 devices is estimated to create 17 trillion won (more than $16.3 billion) of Q2 revenue for the manufacturer. Unsurprisingly, the above numbers have impressed industry analysts, who now predict better than expected Q2 earnings for Samsung.

It is important to note that the number of shipped devices will not necessarily match the number of sold ones. Samsung insiders told The Korea Times that the company shipped roughly 63 million Galaxy S4 units, but sold 40 million.

Samsung hasn’t officially commented on the sales targets for the Galaxy S5.

Click here to see price in Nigeria and More specs of S5


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