Samsung Galaxy S5 sales were 40 percent less than projected in 3 months since launch

Samsung has sold 12 million units of Galaxy S5 in its first three months on sale, almost 40 percent less than projected.

According to the Verge, the sale was roughly four million less than its predecessor.

The United States was the biggest market where sales increased. In China, sales were said to be down over 50 percent.

Last month the company promised to completely modify its smartphone portfolio after reporting plummeting profits and revenue.