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Tag: q2
Xiaomi takes 5th place in global smartphone market in Q2
2014-07-31 12:32:00| Telecompaper Headlines
(Telecompaper) Global smartphone shipments grew 27 percent annually to reach 295.2 million units in the second quarter of 2014, according to Strategy Analytics. The market researcher estimates that Chinese manufacturer Xiaomi showed the strongest growth, capturing a 5 percent global market share and becoming the world's fifth-largest smartphone vendor. Overall, healthy demand in Asia and Africa in Q2 offset sluggish volumes across North America and Europe, where many operators are moving from handset subsidies to installment payments. Samsung remained the world's largest smartphone vendor, with an estimated 74.5 million phones sold versus 76.0 million a year earlier . However, its market share dipped to 25.2 percent from 32.6 percent a year ago. Apple also lost share, despite growing shipments, accounting for 11.9 percent of the global smartphone market versus 13.4 percent a year ago. Chinese manufacturers were the main winners in the quarter. Huawei strengthened its third place in the market with a 6.8 percent share, up from 4.8 percent a year earlier, Lenovo grew to 5.4 percent from 4.8 and Xiaomi jumped to 5.1 percent from 1.8 percent in the year-earlier period. LG dropped to sixth place, with a share of 4.9 percent versus 5.2 percent in Q2 2013.
Tags: place
market
global
takes
Samsung sees better market in H2 after drop in Q2 results
2014-07-31 09:04:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a drop in second-quarter results, hurt by the slowdown in the tablet market, costs for launch of its new flagship smartphone and increased competition on the low end of the market, especially in China. Revenues were down to KRW 52.35 trillion from KRW 57.46 trillion a year ago, and operating profit dropped to KRW 7.19 trillion from KRW 9.53 trillion. The mobile handset division recorded operating profit of KRW 4.42 trillion on sales of KRW 28.45 trillion, down from profit of KRW 6.28 trillion and sales of KRW 35.54 trillion a year earlier. Samsung said the smartphone market was flat compared to the first quarter and the tablet market slightly lower. Demand was solid in the US, but weak in Europe due to high channel inventories. In China, 3G demand weakened in anticipation of the launch of LTE, and the company faced heightened competition from local manufacturers. Samsung said the smartphone market is expected to improve in the second half of the year, on the expansion of TD-LTE in China and reduced inventories in Europe, while the tablet market should pick up towards the end of the year due to holiday promotions.
ISRAEL/US: SodaStream sees sales rise, but profits struggle in Q2
2014-07-30 17:43:23| Daily beverage news and comment - from just-drinks.com
SodaStream has seen its sales in the second quarter rise, but profits continued to struggle in the year so far.
Chinese Smartphone Makers Hot on Samsung, Apple's Tail in Q2
2014-07-30 17:38:37| PC Magazine Cell Phones Product Guide
Huawei and Lenovo shine during a record-setting second quarter for the worldwide smartphone market, IDC reports this week.
Tags: hot
chinese
samsung
makers
Twitter beats expectations again with users up 24% in Q2
2014-07-30 08:23:00| Telecompaper Headlines
(Telecompaper) Twitter reported second-quarter revenue of USD 312 million, up 124 percent from the year-earlier period and better than the company's forecast. Adjusted EBITDA rose to USD 54 million from USD 10 million, also well ahead of its guidance, while the net loss widened to USD 145 million from USD 42 million a year ago, mainly due to higher stock option expenses. Adjusted EPS was a profit of 2 cents a share, versus a loss of 12 cents a year earlier. Twitter continued to grow its user base, reaching 271 million monthly active users in the period, up 24 percent year-over-year. Mobile accounted for 78 percent of users and 81 percent of revenues. For the third quarter, the company forecast revenue of USD 330-340 million and adjusted EBITDA of USD 40-45 million. The group raised its outlook for full-year results to sales of USD 1.31-1.33 billion and adjusted EBITDA of USD 210-230 million.
Tags: in
users
expectations
beats
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