But Avaya (AYA), a communication services company that caters to businesses, is doing very well, thank you. That’s because Avaya has made a transformational shift to focus more on the lucrative cloud software business and less on bulky hardware. The company on Wednesday reported sales for its fiscal fourth quarter that rose nearly 5%, beating […]
Xiaomi overtakes Apple in third-quarter phone sales, Samsung’s top seller: report
Chinese tech company Xiaomi sold nearly 5 million more smartphones than Apple in the third quarter, according to a report by the International Data Corporation (IDC) released Thursday. Samsung returned to the top-selling spot, pushing out Huawei, which has struggled with US restrictions. Global smartphone sales were down 1.3% year-on-year, but markets like India and […]
Xiaomi’s profit increases in the second quarter, boosted by sales of premium phones
SHENZHEN, China (Reuters) – Xiaomi Corp 1810.HK overseas sales have returned to pre-pandemic levels, its acting chief financial officer said on Wednesday, as it announced that its profits had more than doubled in the second quarter on strong growth in its smartphone business top of the line. Revenue rose 3.1% in the quarter ending June […]
Apple continues to be the most profitable phone company in 2019, followed by Samsung
This year has been good for some smartphone makers like Apple. The numbers also show the same. According to Couterpoint’s “Global Handset Industry Profit Share” report, Apple captured 66% of industry profit and 32% of overall handset revenue in 2019. After Apple, Samsung made the list, capturing 17% of the handset industry’s overall profits. . […]
Huawei phone sales soar as Apple and Samsung slump
IDC and Strategy Analytics released their latest smartphone shipment figures, and the big winner in recent months has been China’s Huawei, at the expense of incumbent global leaders Samsung and Apple, which both lost ground. Huawei has been flirting with the position of the world’s second-largest smartphone vendor for some time, having first taken over […]
Andy Rubin’s Essential Phone Company For Sale: Report
Essential Products, the smartphone and gadget startup founded by Android creator Andy Rubin, is exploring a potential sale, Bloomberg reports. The company also canceled development of a new phone, the report said. The appeal of Essential’s first device was that it gave users a “pure” Android experience, meaning it didn’t come with a bunch of […]