"More importantly, in a market as complex as China, where worldwide brands are finding it tough to combat native vendors in terms of volume, Apple has been beating local players by growing its ASP and building out other revenue streams from the Mac, App Store and accessories, effectively capitalising on its deep-pocketed installed base". Together, the three brands shipped over 10 million units in the quarter, outnumbering Lenovo-Motorola and ZTE. Xiaomi has captured the Indian and Chinese market through its high-volume sales channels and key retail partners.
The rest of the smartphone manufacturers around the globe like LG, Vivo, OnePlus, Google, etc., collectively lost market share big time.
Apple has also released healthy Q1 sales figures, but it now stocks nine iPhone models and sells more older handsets than ever before, something which could impact its balance sheet in the future. On the other hand, in high-growth markets, such as India and Brazil, vendors are struggling with low margins. Research analytics company Strategy Analytics has announced its quarterly list of the most-selling smartphone models in the world. Moreover, shipments of other new iPhone models could be disappointing, on the back of Apple's $50 price increase over the previous model, without any meaningful upgrade. The company regained its top spot from Apple in the quarter. "The city's red-hot IPO market usually sees offerings oversubscribed - sometimes by hundreds of times - as investors borrow heavily to place orders".
Overall, 334.3 million smartphones were shipped in Q1, a drop of 2.9% when compared to Q1 2017 when 344.4 million smartphones were shipped. The iPhone 7 also shipped 5.6 million units. The US component ban from the US government will take a toll on the company's smartphone shipments in the coming quarters. The Lenovo brand declined in India and in rest of APAC, while Motorola continued to do well in LATAM and U.S. smartphone markets. For example, some phones being launched in today's market feature RAM size similar to that of computers and the processors allow them to run at a snappy pace even while multitasking. OPPO is fifth-placed with 7.6-percent of the market, 5.1-percent less than in Q1 2017. Xiaomi shipped a total of 27 million smartphones in Q1 2018 and is growing in India.
Embiid on Game 1 Loss: 'That's not who we are'
His play kept the game relatively close throughout the second half until the Celtics eventually pulled away in the fourth quarter. The Celtics can nearly certainly survive Embiid scoring 30 points, if they restrict the arsenal of shooters deployed around him.
May 1 - International Labor Day
The date May 1 was selected to commemorate the aftermath of a bombing at a labour protest against the police in Chicago in 1886. With the rise of industrialization, the labour class was exploited and often had to work for 15 hours a day.
Burning Skyscraper Collapsed in Sao Paulo
The BBC reports that the fire began around 1.20am local time (4.20am GMT), and that over 100 firefighters attended the scene. Highly organized squatters have taken over as many as 70 buildings in the downtown area of South America's largest city.
Jason Witten retires after 15 seasons
The Dallas Cowboys drafted Witten out of the University of Tennessee in the third round of the 2003 NFL Draft (69th pick overall). He is the team's all-time leader in receiving yards with 12,448 and is third all-time on the Cowboy with 68 touchdown catches.
There is a BJP storm, not a wave, in Karnataka
Vishwanatha Shetty, was stabbed in his office by a disturbed man for not getting a government order through a tender. Similarly wards of a number of Ministers are also in the fray promoting politics of family in the state.