SalesIn 2003, the company sold 6,000 units, and by September 2006 approximately 23,500 had been sold, when all units sold up to that point were recalled due to a software glitch that could cause the units to reverse and that could cause riders to fall off. In a March 2009 interview, a company official said the firm "has shipped over 50,000" Segways.
 ProfitabilityWhen it was launched in December 2001, the annual sales target was 40,000 units, and the company expected to sell 50,000 to 100,000 units in the first 13 months. Segway Inc's investors were optimistic. Dean Kamen predicted that the Segway "will be to the car what the car was to the horse and buggy" and John Doerr, a venture capitalist who invested in the company, predicted that Segway Inc would be the fastest company to reach US$1 billion in sales. However, only about 30,000 Segways were sold from 2001 to 2007.
Critics point to Segway Inc's silence over its financial performance as an indication that the company is still not profitable, as about US$100 million was spent developing the Segway.
UPDATE: In a moment of irony, a Chinese company that had been making Segway knock-offs, ended up buying the company. Maybe with lower prices, these things will sell. But frankly, I don't see myself buying one, even if they were just $200. It really has no used in my life that a bicycle doesn't do better.