Huawei's annual earnings report is out and it's a mixed bag, since while turnover increased by 11.7 percent to 203.9 RMB ($32.3 billion), profits plummeted 53 percent to 11.6 billion RMB ($1.8 billion). Revenue from overseas sales (138.
Despite a supposedlyweakPC market, Lenovo doesvery well, thank you. It's trying to sprinkle the same golden dust on to its latest acquisition, Motorola, and appears to be succeeding. Sales for the iconic brand areup 118 percentover last year to $1.9 billion (with more than 10 million units shipped).
In China, though, Apple has found success by following one, Brian X Chen reports.For years, Apple rivals like Samsung offered large-screen smartphones. Although the bigger phones sold well in China, Apple held off on releasing a similar model, and the country remained a weak spot. But Apple introduced its own versions last September, and now the sales spigot is wide open.
When Apple reported a record-shattering profit of $18 billion last month, the company said its growth came largely from sales in greater China. This week, some research firms gave a clearer picture of just how big Apple has become in China.
Each year, smartphone sales grow. Overall, the market is doing really well, and 2014 is no different. Gartner has released their Q3 2014 smartphone sales numbers, and the overall growth is impressive. Versus this time last year, manufacturers around the globe have shipped upwards of 50 million more smartphones, which represents a 20% hike in overall movement.
Lenovo has posted its Q3 2014 earnings, and in it we see some good news tempered by a few hiccups. Revenue for the quarter ending on December 31 saw a 31-percent year-on-year increase, hitting $14.1 billion.
Sony’s latest earnings report wasn’t bad news, as you might have expected. In fact, it was their best earnings announcement in quite some time, even with the crippling hack, which cost them $15 million. Across the board, Sony was up, and shipped more Xperia smartphones than they ever have, and moved a lot of PlayStation 4s. Sony also experienced growth in sales of sensors.
The company said it expects sales of between 51 trillion and 53 trillion won ($46.4 billion to $48.3 billion) and operating profit of 5.0 billion to 5.4 billion won ($4.55 billion to $4.92 billion).That would be a drop of about 12% in revenue and 37% in operating profit.We'll get more details when Samsung reports earnings later this month.
Samsung reportedly sold 40-percent fewer Galaxy S5 smartphones than the company had expected, a huge and unexpected drop versus the previous Galaxy S4, leaving handsets piled up in warehouses and putting executives at risk.
HONG KONG — After a rough few months, Sony got some relief Wednesday as net profit almost doubled analysts’ expectations and the company reduced its loss projections for the year, Paul Mozur reports.Not all the news was good, though. Sony, the Japanese electronics maker and media company, said that it would lay off 2,100 employees in its struggling mobile communications unit by March 31.
But focusing on market share misses why the iPhone has become so integral to Apple's business.Apple sold 75.4 million iPhones over the holiday quarter, the company announced last week . That makes a total of more than 192 million sold for the year. That sounds like a lot, but Android dwarfed Apple with over a billion smartphone shipments in 2014, according to a Strategy Analytics report .
There's been a few signs that not all is well in Samsung's mobile division, with the company pledging to makefewer new devices, as well as its chieftaking a pay cut. If theWall Street Journalis to be believed, the cause of this unrest is all down to faltering sales of theGalaxy S5, which has apparently sold four million fewer phones than its predecessor.
HTC could finally be on the road to recovery after it notched itsfirst quarterly year-on-year revenue growthsince 2011. The Taiwanese smartphone makergrew sales to NT $47.9 billion($1.5 billion) in the fourth quarter of 2014 -- a substantial increase on the NT $42.9 billion ($1.34 billion) it reported the same time last year.
T-Mobile kicked off 2014 bycrashing an AT&T party, and finished it with "our best year in company growth ever," according to CEO John Legere. To be exact,it added8.3 million new customers over the year, including a million "postpaid," clients in the last quarter of 2014.
The smartphone era will never come to an end. This isn’t just my prediction but I think even if tablets and wearables become popular, the smartphone will be a standard mobile device more than the two. Laptops are more preferred now over desktop computers. However, tablets are more preferred over laptops.
Why do American Internet companies, like Facebook, want so badly to get into China?The second-largest pool of advertising dollars in the world is there, and right now, Chinese companies like Alibaba and Baidu are scooping up the lion’s share of it.
It's easy to be negative about Android's outlook these days. Apple just posted, largely on the back of runaway iPhone sales. And Google facesDespite this, new figures show that Android's mobile operating system (OS) isn't going anywhere, at least not soon.
Huawei just introduced a new Android tablet. The Honor T1 is yet another affordable slate from the Chinese manufacturer. This is another addition to Huawei's Honor series which the company has been trying to market all over the world. The new Android tablet is affordable at only $160 (€130).
HONG KONG — The light at the end of the tunnel may finally be coming into focus for Sony.The beleaguered Japanese electronics maker said on Wednesday that it would aim to achieve 500 billion yen, or about $4.2 billion, in annual operating profit by the fiscal year that ends in March 2018, a huge jump from the 20 billion that it has forecast for the current year.