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 [...]
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.
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 [...]
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 [...]