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Some of the world’s biggest smartphone makers released quarterly and half-yearly financial earning reports in the past week, exposing how sales fared in the first half of 2019 compared to previous years.
We highlighed the most important findings worth noting.
Apple’s year so far went relatively well even though revenue only saw a 1% increase compared to a year ago, with the company breaking its own record for best performing June quarter.
Though the company is doing better than it did in March, iPhone sales contributed to less than half of its $53.8-billion revenue with $25.9-billion. Last June, iPhone had bagged $29.4-billion.
This suggests that Apple’s combined services, wearables, tablets and computers are doing better than its smartphones.
Huawei and Honor
Huawei is still seeing growth in 2019 despite its recent woes with the US. In fact, the company reported a 23.2% increase since last year’s half-yearly report.
The company’s smartphone shipments increased by 24%, this included its Honor devices.
Huawei also saw “rapid growth in its shipments of tablets, PCs, and wearables” and noted that it has 500-million global users.
Samsung on the other hand released a bleak statement, noting weaker sales of its flagships despite an increase in shipment for its mobile division.
“As competition in the smartphone market is seen increasing in the second half, Samsung plans to enhance its product lineup and expand sales of new mass market models. The Network Business will prioritize building the foundation for its global 5G business expansion,” the company noted.
LG noted a 4.1% sales increase in the second quarter, but also saw a 15.4% descrease in operating income. Though its home appliances and “strong business solutions” did well, the company saw losses in its mobile division “due to stagnant demand in the smartphone market”.
LG’s smartphone sales in the first half of 2019 were, in fact, 21.3% lower than it was the same time last year. Despite sales increasing by 6.8% compared to 2019’s first quarter, the company reported a $268.4-million operating loss.
Sony also didn’t do very well in the smartphone department, with a 30% drop in smartphone sales compared to last year’s June report.
With a number of new devices expected to drop in the next few months, it will be interesting to see which smartphone maker comes out on top by the end of the year.
It sold just 900 000 devices in this quarter.
Although Google’s holding company Alphabet doesn’t release sales numbers for its products, Google CEO Sundar Pichai did mention in an earnings call that Pixel sales grew two fold year-over-year, buoyed by the cheaper Pixel 3a.
Feature image: Huawei