Apple and Google would start getting less money from app sales in Russia
Apple and Google are already feeling pressure from the issues generated by the latest Epic Games drama. However, that’s nothing compared to the possibility of facing the laws of a country. The new...
View ArticleCOVID-19 pandemic had a massive impact on Foxconn’s Q1 profits
Foxconn has reported its lowest Q1 profits in the last two decades. The COVID-19 pandemic has had an enormous impact on smartphone demand, and it seems that recovery could take a long time. Foxconn’s...
View ArticleSony sold less than 15 million smartphones in the past year, actually pulling...
For Sony, the past fiscal year started on April 1, 2016 and concluded this March 31, seeing overall sales stick to approximately the same level as the previous 12 months, with “significant increases”...
View ArticleGalaxy Note 7 aftermath: lowest Samsung profits in two years, worst mobile...
The past few weeks have been all about damage control for Samsung in the wake of the shocking Galaxy Note 7 double recall, and now it’s time for a quick damage check. An official, final and painful Q3...
View ArticleSamsung’s Q2 profits expected to drop as full-year Galaxy S9 sales forecast...
The Galaxy S9 and S9+ are unlikely to come close to their predecessors' sales figures, and Samsung's overall profits will decline as a direct consequence. The post Samsung’s Q2 profits expected to drop...
View ArticleLG didn’t lose that much money on phones in Q1 2018, ‘positive results’...
LG Electronics had a great overall first quarter of the year, generating profits of over $1 billion. The chaebol's mobile division lost money once again, but the G7 ThinQ might be a winner. The post LG...
View ArticleSamsung breaks quarterly profit records yet again, mostly thanks to chips and...
Samsung made more money between January and March 2018 than ever before, specifically around $14.5 billion in operating profit, but no thanks to the iPhone X. The post Samsung breaks quarterly profit...
View ArticleXiaomi limits net profit margin goals, pledges to distribute excess to customers
But the Chinese tech company's modus operandi has always been to operate on low margins, so unless the IPO enables Xiaomi to grow to great heights, don't expect much sway here. The post Xiaomi limits...
View ArticleApple captured 86 percent of Q4 2017 smartphone profits, 35 percent came from...
Apple is the unrivaled world heavyweight champion of smartphone profits, according to the latest Counterpoint Research analysis, with the iPhone X proving particularly lucrative during Q4 2017. The...
View ArticleSamsung and LG expect good first quarter figures despite business drags
The two chaebols are expecting to good fiscal quarters this time around and the markets are expecting them to beat their expectations. The post Samsung and LG expect good first quarter figures despite...
View ArticleApple settles for uncharacteristically low HomePod profit margins to score...
If you thought the $349 HomePod was expensive, it turns out Apple spends a lot to make its first-ever smart speaker, which makes profit margins pretty thin. The post Apple settles for...
View ArticleHTC will get a financial boost from Google soon, but until then, monthly...
Before it can return to quarterly profitability with Google's help, HTC's monthly income scores are still shrinking, and new Vive headsets will probably not help that much. The post HTC will get a...
View ArticleSony’s mobile numbers continue to drop ahead of major management restructuring
Sony will have a new CEO, CFO and mobile business skipper starting April 1, reporting astounding overall financial results for fiscal Q3 2017, but once again losing on smartphones. The post Sony’s...
View ArticleLG Electronics boasts record full-year 2017 revenues, ‘narrowed’ Q4...
LG lost another $192 million on smartphones during Q4 2017, nonetheless reporting all-time high overall annual revenues of $55.4 billion. The post LG Electronics boasts record full-year 2017 revenues,...
View ArticleSamsung will focus on profits starting 2018, setting moderate smartphone...
Samsung probably sold around 320 million smartphones in 2017, and its expectations for 2018 circle that same number as profits become more important than volume. The post Samsung will focus on profits...
View ArticleiPhone X could help Apple break shipment and average selling price records...
Apple is in record-breaking form this year-end quarter, according to IHS Markit research, as the lucrative iPhone X continues to sell like hotcakes. The post iPhone X could help Apple break shipment...
View ArticleSamsung Electronics appoints three new co-CEOs, announces full record-setting...
Samsung Electronics is keen to avoid a leadership "vacuum" with a younger new generation of managers while making even more money during Q3 than Q2 2017. The post Samsung Electronics appoints three new...
View ArticleSamsung Electronics loses its CEO on the same day that another record quarter...
Samsung Electronics might be making crazy amounts of money right now, but an "unprecedented crisis inside out" continues to shake up its management. The post Samsung Electronics loses its CEO on the...
View ArticleSamsung could earn over $14 billion through 2019 making iPhone X components
The iPhone X was always supposed to be lucrative for Apple arch-rival Samsung, but $14 billion may exceed the chaebol's wildest dreams. The post Samsung could earn over $14 billion through 2019 making...
View ArticleAnalysts predict two more record-breaking quarters for Samsung this year
Samsung could enjoy three consecutive quarters of record profits this year, with Q3 and Q4 tallies projected at $12.5 billion and $13.6 billion. The post Analysts predict two more record-breaking...
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