Android Police

Financials

34

WeWork reportedly in talks to snatch John Legere from T-Mobile for CEO position

T-Mobile's boisterous and pugnacious CEO John Legere is in the news again, and this time, it's not for calling Verizon and AT&T "dumb and dumber" or cursing up a storm at some event. According to the Wall Street Journal, John Legere has been singled out as a possible pick for the top CEO position at WeWork.

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0

Galaxy Note10 and A series prove profitable but can't cushion Samsung's weak Q3

Samsung had some rather suboptimal financial results over the last year, and the current earning calls for 2019's third quarter show this isn't quite changing. Profits fell sharply compared to the same time frame last year, but at least smartphone sales raked in some profit thanks to the Galaxy Note10 and A series.

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18

Google meets revenue expectations for Q3 2019, but still upsets investors

Google’s parent company Alphabet announced its financial results for the third quarter of 2019, surpassing revenue expectations. As one might expect, Google products were among the top performers, but everything wasn’t as breezy. Even though revenue is up, the profit margins have come down sharply, leaving investors with less money in hand than what was anticipated.

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6

The Play Store now supports UPI as a payment method in India

UPI is the leading digital payment platform in India, which lets users make transfers directly from one bank account to another. It's already used for more than 900 million transactions a month, such as utility bill payments, mobile recharges, in-store purchases, and more. From now on, Indian users will also be able to buy content from the Play Store using the payment solution.

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32

Xiaomi reports Q2 profit increase of more than 70%, but its revenue growth continues to slow [Updated]

As Xiaomi launches its latest phone in Europe, the Mi 9T Pro, strong sales in overseas markets are said to be a major factor in the Chinese company's stellar second-quarter financial results. A year-on-year increase in adjusted net profit of 71.7% to has been reported, up to RMB 1.96 billion in Q2 2019.

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78

Samsung profits take a dive as Galaxy S10 sales slow down

In view of Huawei's recent political troubles, you'd think Samsung would have been in pole position to capitalize and post impressive sales numbers in the second quarter of 2019. Smartphone shipments grew for both companies at a time when global shipments are down 2%, but that doesn't always translate to strong financials. While its Chinese rival managed to grow its revenue against the odds, Samsung has seen its profits drop by an eye-watering 56% year-on-year.

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0

Huawei ekes out growth from a turbulent Q2

Huawei has just announced its revenue for the first half of 2019, the first time we've had numbers that demonstrate the impact its drama with the US government may have had on its bottom line. Depending on how you choose to look at them, the company has either successfully shrugged things off as it continues to grow, or sales have begun to stall. While the company is seeing a 23% year-over-year (and quarter-over-quarter) revenue increase, still an overall rise compared to last year, smartphone shipments are flat across Q1 and Q2.

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63

Sony and LG still struggled to sell smartphones in Q2 2019, surprising nobody

It's that joyous time of the year when we're bombarded with long, boring press releases with lots of numbers on that tell how terrible a company is doing — that's right, second-quarter 2019 financial results are in. In news that will shock absolutely nobody, LG and Sony continue to struggle when it comes to sales of smartphones.

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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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290

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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