Android Police

Financials

69

Huawei's insane growth in China should have Samsung and Apple worried

The worldwide smartphone market hasn't just slowed, it's been in decline for the last year or so. Whatever you attribute that to — rising prices, longer-lasting devices, fewer necessary improvements — many major OEMs including Samsung and Apple have seen sales weaken. In comparison, though, Huawei continues to see explosive growth, especially in China.

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292

Google's struggling Pixel sales invite comparison with Microsoft's smartphone failures

Alphabet — Google's parent company — had its Q1 earnings call yesterday amid its slowest growth in 3 years. A 17% year-on-year revenue increase has some investors concerned and Google CEO Sundar Pichai had to answer some tough questions about the company's hardware prospects. One analyst even went as far as to compare the Pixel phones with Microsoft's unsuccessful smartphone lineup.

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11

Microsoft becomes third US company to reach trillion-dollar market cap

Microsoft's stock price rose this week, briefly seeing the company join the pantheon of trillion-dollar tech giants. MSFT opened at $121.05 Monday morning and peaked at $125.76 Tuesday, nudging the company's valuation over the $1 trillion mark. The price has since fallen.

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90

[Update: Mass job cuts expected] Sony to merge all consumer electronics divisions after mobile loses nearly a billion dollars in a year

Two days ago, Sony revealed a drastic change in its business organization going forward. Sony's Mobile Communications division — responsible for the Xperia line of phones — will be merged with the Imaging Products & Solutions and Home Entertainment & Sound divisions. This "realignment" unifies all of Sony's consumer electronics branches under a single internal division, while conveniently hiding the mobile division's future losses behind a merged balance sheet. That's good for Sony, because according to today's exchange rate, the company has lost over $910 million in the last year making phones.

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57

Xiaomi doubled international revenue in 2018

Most smartphone OEMs have been predicting that the market is set to slow down a bit in 2019, but based on last year's numbers, Xiaomi may end up being an exception. The company saw an astounding 118.1% increase in international revenue, with total revenue increases of 52.6%. That works out to 174.9 billion yuan in revenue, or around 26 billion dollars. When all was said and done, the company made around two billion dollars in gross profit last year.

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4

Twitter shares its daily user count for the first time in Q4 results

Twitter is a publicly-traded company, and as such, its quarterly earnings reports always include data about the platform — including the amount of active users. The company has historically never revealed how many active daily users Twitter has, only the amount of users who log in (at least) once a month. In its Q4 earnings report, Twitter has revealed how many people log into the platform daily, among other information.

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4

Alphabet's 2018 financial results show 23% increase in revenue and strong profits

Google's parent company Alphabet has reported positive financial results for 2018, although stocks in the company still fell 3% in after-hours trading. An operating margin 3% lower than the 24% posted in Q4 2017 and higher expenditure are considered to be reasons for the drop-off, but Alphabet remains profitable.

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18

LG's mobile division continues to struggle amid otherwise strong 2018 financial results

It's time for full-year 2018 financial results. Samsung has already posted numbers showing less than stellar profits for its mobile division, and now its the turn of South Korea's other tech giant, LG. The story is pretty much unchanged since Q3 results came out — the company is profitable overall, but its mobile division persists in underachieving.

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29

Samsung's mobile division had its weakest quarter since the Note 7

Samsung Electronics just published its 2018 financial results, and the figures are not looking good. Compared to Q4 2017, sales went down 20% and profit dropped 29%. The overall performance for the year has slightly progressed compared to 2018, though, with revenue up 1.75% and operating profit growing 9.77%. The Korean conglomerate's mobile division is the one with the worst realization, as both revenue and profit have decreased, comparing quarter to quarter and year to year.

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26

Samsung's quarterly earnings show increased overall profit, but continued decline in mobile

Samsung published its third-quarter financials yesterday, and results are mixed. Although profits and revenue are up (both year over year and quarter over quarter), the mobile division continues the decline set last quarter. Interestingly, that's not as a result of sales, but rather increased marketing costs and unfavorable currency developments. Nonetheless, it expects those mobile earnings to decrease further next quarter, even as smartphone shipments rise.

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