Foldable smartphone sales break record in Q3, Samsung to lose significant share in Q4

According to DSCC, foldable smartphones have had a record breaking quarter, in terms of sales, in the third quarter of this year (July to September), fueled by Samsung’s launch of the Galaxy Z Fold5 and Z Flip5. The increased competition from China also played a significant part. Sales of foldables jumped 215% compared to Q2 […]

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Xiaomi revenue exceeds $9 billion in Q3, report reveals

Xiaomi has announced its Q3 2023 earnings report, posting total quarterly revenue of RMB70.9 billion ($9.94 billion/€9.12 billion), with group gross profit margin reaching 22.7% and adjusted net profit reaching RMB6 billion ($841 million/€771 million) – a YoY growth of 182.9%. Additionally, Xiaomi said its IoT and lifestyle products’ revenue soared to RMB20.7 billion ($2.9 […]

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Counterpoint: China smartphone sales recovery started in Q3, Huawei gains the most

Counterpoint Research revealed the smartphone market in China may have bottomed out and on its way to recovery. During the Q3 period, sales declined just 3% on a yearly basis, which along with the sequential increase are strong recovery signals. Huawei was the biggest gainer, increasing its sales by 37%. Still the July-September period, Honor […]

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Spotify reports profitable Q3, paying customers increased despite the price hike

Spotify shared its Q3 earnings report and it’s positive for a change. The company reported a profit of €65 million for the third quarter and an operating income of €32 million. Those compare nicely with €166 million net loss and €228 operating loss a year prior. Spotify’s paying customers rose 3% over Q2 and 16% […]

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Week 24 in review: Galaxy S23 FE is coming in Q3, Nothing Phone (2) set for July 11

Week 24 is done, so let’s recap it. The Samsung Galaxy S23 FE was reported to arrive earlier than Q4. The fan edition S23 will likely drop between July and September in select markets and have a broader release in Q4 and Q1 of 2024. The OnePlus Nord 3 was revealed in official-looking press renders. […]

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Le cloud, le moteur de croissance de Microsoft, mais pas seulement ! (FY22 Q3)

Microsoft a dévoilé ses chiffres et la firme peut se vanter une nouvelle fois de réaliser des bénéfices nets records : 16.7 milliards de dollars rien que pour le trimestre dernier (FY22 Q3). Le chiffres d’affaires suit la même tendance puisqu’il est passé à 49.4 milliards de dollars, soit 18% de plus que l’année dernière à la […]

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