Home Tech Geek Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and an ~$87M net loss as China’s lockdown cripples smartphone sales

Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and an ~$87M net loss as China’s lockdown cripples smartphone sales

March 10, 2023 comments off
10.9b q1 yoy 87m

10.9b q1 yoy 87m

Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and an ~$87M net loss as China’s lockdown cripples smartphone sales

Source

Keep visiting unruggable.net for the latest news and updates.

You May Also Like

syfe singaporebased 29.6m series valar ventures

London-based YuLife, an insurance startup that offers gamified rewards, raises $70M Series B at a $346M valuation

ftc facebookbenjamin seufert

FTC’s updated suit against Facebook incorrectly claims that Facebook has driven up ad prices via monopoly control over the personal social networking market

apple 90.1m iphones q1

IDC says Apple has shipped 90.1M iPhones in Q1, the largest number of shipments in a single quarter since IDC started tracking smartphones

look apple valleygurmanbloomberg

A look at Apple’s changing attitudes towards decentralizing out of Silicon Valley, hybrid work arrangements, and remote work options for a post-pandemic world

solarwinds czechia poland belarusyorktimes

Sources: investigators are checking if SolarWinds was hacked via its offices in Czechia, Poland, and Belarus, where the company moved much of its engineering

western russian twitch upwork

As Western tech companies react to sanctions on Russia, Twitch streamers, Upwork gig workers, OnlyFans creators, and contract developers lose their livelihoods

Daniel Harrison

About the Author: Daniel Harrison

As a blogger and creative writer, I strive to create content that not only informs but also entertains. My passion for SEO allows me to ensure that my writing is seen by as many people as possible. I believe that everyone has a story worth telling, and I am dedicated to helping others share theirs.