[ad_1] That was reflected in the other victor from the quarter. Xiaomi’s share nearly grew by half to 9.6 percent on the back of mid-priced phones like the Redmi Note 7. It wasn’t pretty for other vendors. Huawei appeared to have reeled from the effects of the US blacklisting, sinking to 18.8 percent share. Nokia […]
Category: q2 2019
Take-Two profits soar thanks to ‘GTA’ and ‘Red Dead’ online spending
[ad_1] The timing might have been ideal. While there wasn’t a huge GTA Online update in the spring, Red Dead Online exited beta in May with a large update that included more activities and, of course, more gear to buy. The current quarter looks bright, too, with Rockstar recently introducing an honest-to-goodness casino to GTA […]
Fitbit’s Versa Lite sales were ‘weaker than expected’
[ad_1] The shortcoming left Fitbit once again depending heavily on fitness trackers. About 68 percent of its revenue came from products introduced in the past year, only one of which (the Versa Lite) was a smartwatch. And that’s a problem when revenue hasn’t improved much. Fitbit had to sell 31 percent more devices, 3.5 million […]
Samsung to fight falling profits with midrange phones, ‘mainstream’ 8K
[ad_1] Also, as “protective global trade practices” increase and customers are increasingly reluctant to buy new high-priced phones, Samsung will “introduce more competitive A series models in the second half” to take advantage of interest in the midrange models. It already announced plans to bring the Galaxy A50 and a few others to the US, […]
Netflix Q2 report points to price hikes for lower than expected growth
[ad_1] Netflix just released its financial results for the second quarter of 2019 (PDF), and a number that jumps out is that its service grew by 2.7 million subscribers. That’s a problem for shareholders because in its last report, the company predicted it would be up about 5 million in Q2, and in the US […]
Samsung expects another big slump in profits
[ad_1] While Samsung hasn’t explained what dragged it down this quarter, its performance early in the year suffered primarily due to a drop in memory chip sales. While its increased profits over the first quarter suggest that the Galaxy S10 and A-series launches helped, they weren’t popular enough to reverse trends. The tech giant certainly […]
Tesla delivered a record 95,000 cars this spring
[ad_1] The company didn’t directly explain the surge, but the Model 3’s availability in the UK may have helped along with continued interest from mainland Europe and China. The Model 3 was undoubtedly the star of the show with over 77,550 deliveries compared to 17,650 for the Model S and Model X combined. These figures […]