Tag: Q1 Results

  • Counterpoint : Samsung Stays Steady on Top in India; Micromax Faces a Steep Decline

    Counterpoint : Samsung Stays Steady on Top in India; Micromax Faces a Steep Decline

    According to the Q1 2015 reports by Counterpoint Technology Market Research, Samsung remained the the lead as India’s  champion in terms of growth and market share. The company has recently faced absurd challenges, in Asia particularly, but its condition improved enough to win over the Indian market from Apple and Micromax.

    Reports of the Q1 2015 showed Samsung India grew 2.1% over the last year. Samsung led the overall mobile phone market and the smartphone segment during the quarter with market shares of 18.2% and 27.8% respectively. This figure is still below the 33% growth from the previous year. But, with a sale of 82.4 million handsets within the first three months of the quarter, Samsung captured 24.5% of the market share.

    According to the report, Samsung has used its distribution prowess to sell-in during the quarter as it executed aggressive smartphone launches during the quarter including the Tizen-based Z1.

    India Smartphone shipment counterpoint

    One of the reasons why Samsung boomed is that the Korean company launched its flagship Galaxy S6 and Galaxy S6 Edge at the end of the quarter in April.

    Micromax ended their quarter with 15.3% market share that served as a decline on the yearly basis as well as on sequential basis. Although, it still managed to secure the second place, the report commented that Micromax’s new brand Yureka with the launch of its first Cyanogen powered LTE smartphone Yu started off well, but will need more models across different price brackets to match the scale of Xiaomi and Motorola.

  • Facebook Reports First Quarter Results, Reveals 751 Million Monthly Active Mobile Users

    Facebook Reports First Quarter Results, Reveals 751 Million Monthly Active Mobile Users

    Facebook issued its first quarter results for the new year and made some pronouncements on the state of the mobile web and mobile advertising in general.

    The company, which went public in 2012, now has 751 million monthly mobile users, up 54% from the same period last year. Considering that number comprises 68% of the company’s 1.11 billion total monthly active users, that is an astounding number.

    facebook

    In a recent study conducted by Facebook, it found that 70 percent of all respondents use Facebook on their phone — 61 percent of which use the service every day. The company also found out that out of all the things that could be done on a smartphone, being on Facebook was the third most popular activity. 70 percent said that the Facebook app has become one of the most commonly used applications — right below checking email (78 percent) and Web browsing (73 percent).

    More impressive is the rate of growth: that 54% uptick in mobile users is much higher than the 23% increase in total active monthly users.

    So while it’s not safe to say that Facebook’s growth has completely stopped, it only grew some 4.75% since last quarter, while mobile users were up nearly 11% in the same period. Advertising revenues have also seen a slight bump from mobile users; 30% of Facebook’s advertising revenue now comes from mobile devices, up from 14% in Q3 and 23% in Q4.

    Facebook’s mobile apps are among the most popular on its respective platforms, and with an increasing number of “sponsored posts” littering users’ news feeds, it’s only a matter of time before that 30% number increases to over 50%.

    [The Next Web]

  • Samsung Q1 Result : $6.43 Billion Net Profit, 70 Million Smartphones Shipped

    Samsung Q1 Result : $6.43 Billion Net Profit, 70 Million Smartphones Shipped

    Samsung had a big Q1, with revenues upwards of $47.5 billion USD, while operating and net profit was $7.9 billion and $6.43 billion respectively. While this is down over the previous quarter, in which Samsung posted both record revenues and profits, the results were in line with the company’s guidance and met analysts’ expectations.

    The only worrying figure in the scenario is that growth is slowing compared to last year, where revenue and profits grew at a feverish pace. Samsung is concerned that growth will continue to abate, as “stiffer competition in the mobile business,” especially in the low- and mid-range smartphone market, will hit the company’s margins.

    samsung

    But there are 70 million reasons for the company to celebrate, too. That’s how many smartphones Samsung shipped during the first quarter of 2013, representing a massive 32.7% market share. Apple trailed behind at 17.3%, while LG, Huawei and ZTE brought up the rear with 4.8%, 4.6% and 4.2% respectively.

    Samsung’s numbers in Q1 2013 grew 11% over the previous quarter, in which the company shipped 63.7 million smart devices, and was up some 60% from the year before. Its success was buoyed by “sound sales” of the Galaxy S3 and Galaxy Note 2, as stated in the press release, but demand for the company’s tablets dropped 30% quarter-over-quarter.

    With the Galaxy S4 sales starting today, Samsung is due for a solid Q2, though we’d expect them to address the low- and mid-range market with a cheaper variant of the Galaxy S4 in the coming months.

    [IDC, TechCrunch]

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