As indicated in a new report released by Canalys, Apple has managed to register sales growth in the Chinese mobile market in Q3 2017, after posting six consecutive quarters of sales decreases, and the recent release of the iPhone 8 devices have contributed significantly to that growth. According to the analyst firm, Apple reported a 40 percent yearly growth from July to September of this year, with shipments of 11 million units.
According to the results of an online study recently conducted by Gartner, worldwide smartphone sales in 2018 will see some growth for the first time since 2015. The last couple of years have seen industry growth stall a bit, but by next year, the volume of smartphone units shipped across the globe is expected to reach an estimated 1.9 billion units, which represents a 2 percent improvement as compared to this year’s.
Yup, that headline does sound crazy, but the numbers do not lie. Based on the most recent quarterly earnings report that Sprint has just released recently, the major US wireless carrier actually managed to record its first profit in three years time, and the company accomplished that during the same quarter (Q2 2017) that it started offering one whole year of free wireless service. Along the way, the mobile operator also gained 61,000 net new customers.
Things may not be going so well for LG’s smartphone business. The South Korean phone maker recently acknowledged that its current flagship offering -- the G6 -- has not sold as well as anticipated. According to the results of its latest quarterly earnings report, the whole company was able to register an operating income of $588.2 million on overall revenue of $12.89 billion.
According to a recent report published by Ars Technica just this week, the number of installations of the Pixel Launcher mobile app (which can only be utilized with Google’s Pixel smartphones) has reached more than a million. To be perfectly clear, Google does not usually publish sales numbers for its flagship device, so industry watchers often have to make their own estimates based on available data (like the number of Pixel Launch app installs).
Although Apple managed to sell 50.8 million units of iPhone devices during the first three months of this year, that unit sales figure still failed to clear the 51.4 million units sold projected by Wall Street. Still, in terms of revenue, the $2.10 per share earnings (on revenue of $52.9 billion) posted by the tech giant was better than the $2.02 per share earnings (on revenue of about $53 billion) estimated by industry watchers.
2016 was a forgettable year for Apple -- the phone maker after all saw its iPhone sales decrease for the first ever in its history last year, leading some to think that the company might not be that mighty after all. But after a robust holiday season, Apple seems to have regained its bearings, and analysts from Wall street appear to agree.
In the months leading up to the official unveiling of Samsung’s flagship devices for this year (the Galaxy S8 and the Galaxy S8 Plus), many industry watchers and consumers alike were wondering if the South Korean phone maker would be able to fully recover from its Galaxy Note 7 mess last year. But after the latest Galaxy models were formally announced, most of that doubt has been transformed into praise.
The last three months of any given year is always a good time for Apple. But the final quarter of 2016 was a record breaking one for the tech giant. In that period, the company registered its best ever quarterly iPhone sales (thanks to the iPhone 7 and the iPhone 7 Plus), selling 78.3 million units of its smartphone devices. On top of that, Apple also managed to end its streak of declining iPhone sales which has been going on for three consecutive quarters. Moreover, Apple also posted its highest earning quarter ever, both in terms of revenue and earnings per share.
It has been a couple of years since Apple introduced its iPhone 6, its most successful iPhone release ever. Fast forwarding to 2016 and the tech giant never really quite managed to replicate that level of success. What is worse is that sales seem to be getting slower every quarter. Sure, the iPhone 6 was a record setting release for the company and it would really be hard to top that, but in recent quarters, it has been getting more difficult for Apple to generate some smartphone sales growth.
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