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financials

69

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

Ryne Hager

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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95

Sony’s smartphone shipments dropped 50% last year

Richard Gao

It's no secret that Sony's mobile division has been struggling for years. Every quarter, the financials consistently show losses under the Mobile Communications section, and the Q4 2018 and FY2018 results are no different. That said, the mobile division is an outlier, as Sony as a whole is still profitable.

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57

Xiaomi doubled international revenue in 2018

Ryne Hager

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

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

Scott Scrivens

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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26

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

Ryne Hager

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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146

Sony's smartphone division lost over $240 million last quarter, and it only expects things to get worse

Scott Scrivens

Third quarter financial results are out for most of the big players in our industry, but whether Sony still fits that bill is questionable. They still have an ardent fan base, and our recent review of the Xperia XZ3 found it to be the best Sony phone in years, but still, the company's mobile division appears to be struggling.

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9

Snapchat shed 2 million more users in Q3, but there is hope

Scott Scrivens

If you're a regular reader, you probably know how most of us feel about Snapchat. I actually used to use it pretty often, but as the app became increasingly bloated and sluggish, my friends and I defected to other services or just stopped altogether. Q3 financials are in, and although Snapchat lost a further two million users, there are some signs of a recovery.

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25

Razer confirms that it's working on a second generation Razer Phone

Rita El Khoury

It's been over twenty months since Razer acquired Nextbit, but the gaming hardware manufacturer has made good use of this time. It released the Razer Phone last November and got applauded for its 120Hz display and high-end specs. A second generation phone was pretty much a given — it only makes sense to use the Nextbit acquisition and talent to build more mobile hardware — and now it's been confirmed.

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Xiaomi's Q2 2018 financial results show international revenue up 151.7% year over year

Taylor Kerns

Xiaomi has published its financial results for the second quarter of 2018. Turns out, as you'd expect from a company that recently became more valuable than LG, things are going pretty well for the Chinese manufacturer.

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7

T-Mobile reports 'best Q2 in company history'

Taylor Kerns

It's quarterly financial results season! Well, one of the quarterly financial results seasons, anyway. The latest news is from T-Mobile, which reported its best second quarter ever. Over the period, the carrier added 1.6 million net customers (one million postpaid, the rest prepaid) and saw revenue of $10.6 billion.

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