Chinese smartphone company Xiaomi announced that it sold 34.7 million smartphones in the first half of 2015, a 33% gain. While it tried to frame the news as a positive, the truth is that it's worrisome for the company. As you can see in this chart above from Quartz, Xiaomi sales have flatlined on a sequential basis. This is surprising since Xiaomi has entered a number of new markets in the past year, including India and Brazil. Xiaomi wanted to sell 100 million phones this year. It's possible th...
Hey, look -- the company that is supposed to kill Apple just hit a wall (AAPL)
Business Insider - 3 Jul 2015 17:18
Chinese smartphone company Xiaomi announced that it sold 34.7 million smartphones in the first half of 2015, a 33% gain. While it tried to frame the news as a positive, the truth is that it's worrisome for the company. As you can see in this chart above from Quartz, Xiaomi sales have flatlined on a sequential basis. This is surprising since Xiaomi has entered a number of new markets in the past year, including India and Brazil. Xiaomi wanted to sell 100 million phones this year. It's possible th...
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