The last year has been rocky for Samsung with the recall of the Galaxy Note 7 and various legal woes in its native South Korea. And yet, the company has issued Q2 earnings guidance today that points to its highest profits ever. So, I guess people aren't holding any grudges after the Note 7 thing. Read More
The Galaxy Note7 has been an absolute disaster for Samsung; although it was an excellent smartphone, its tendency to catch fire pretty much negates all of the praise that was heaped onto it. Case in point: Samsung's now estimating that the Note7's recalls and subsequent cancellation will cost them about $3.1 billion over the next two fiscal quarters. Read More
HTC has had a rough time in recent years as Samsung has risen to dominance in the Android device market. The resulting slump culminated in a year of losses for the Taiwanese OEM, but today's Q2 2014 numbers signal a potential turnaround. HTC had a small profit of NT$2.26 billion ($75 million) over the last three months.
The last two years have not been kind to HTC. Despite garnering critical acclaim from the One series and consistently improving both hardware and software, the Taiwanese company is getting battered on high-end phones by Samsung and Apple, and battered on low-end phones by Samsung and just about every Chinese company out there. According to a report from Reuters, HTC will try to shift its strategy in 2014 to give more attention to mid-range devices, which it has been ignoring somewhat for the last few product cycles.
HTC's co-founder Cher Wang admitted that the company's laser focus on the high-end, premium smartphone market may not have been in its best interests. Read More
Back in January, we learned that if you want to be a developer and avoid leaving money on the table, you need to be on both Android and iOS. One or the other isn't going to cut it. However, according to AppAnnie, if you have to choose just one platform, Android is still struggling to prove it's the one you should go with.
According to the report, Play Store downloads are nearing App Store levels, reaching close to 90% as much as the iOS store. Unfortunately, equal exposure isn't quite translating to equal revenue. As it turns out, Apple's platform is still bringing in about 2.6 times as much revenue as Google's counterpart. Read More
There is no joy in Taoyuan this morning, as HTC's first quarter financial results have become public. The Taiwanese company has reported the lowest profit in its 16-year history, with just $2.8 million USD ($85 million Taiwanese dollars) in net income for Q1 2013. It's the sixth quarter in a row that HTC has posted declining profits, and a staggering year-over-year drop of 98%.
The news came from a somber release on HTC's website, without any of the usual fanfare. Analysts reaction compiled by Bloomberg blame the drop on delays for the flagship One phone, which has now been pushed into an April launch in the US and other markets. Read More
One of the biggest problems Google faces with Android is avoiding a situation where one manufacturer controls so much of the market that everything else falls by the wayside. As study after study shows, though, this is becoming an increasing risk as Samsung gobbles up more customers. To wit, this survey from Localytics—a company that provides analytics for mobile apps— showed that of the top ten Android devices its customers used, eight were made by Samsung, and seven had the Galaxy brand attached.
The trend is staggering, but not surprising. After all, between Samsung and Apple, the two companies account for somewhere between most and more than all the smartphone profits. Read More