The struggle is real: HTC's November revenue drops 26% year-over-year

HTC has disclosed its earnings report for November 2017, and things are not looking good. The manufacturer’s revenue for the last month stands at NT$5.663 billion (~$188 million), down 6.61% from October and a whopping 26.16% from November 2016. Total sales for the January-November period have reached NT$58,1 billion (~$1.93 billion), a notable 19.03% lower than the same period of 2016. 
Anyone following mobile tech news over the last few years will be unsurprised by these figures. Ever since Samsung overtook HTC as the top …


Best Buy points at the iPhone X for a whopping $100 million revenue loss

Apple’s later-than-usual iPhone X launch may have cost Best Buy $100 million in lost revenue, suggested the electronics retailer in all but a name. During its quarterly results press release statement for investors, Best Buy mentioned that it would have beat the Wall Street consensus estimate of $9.36 billion, if it wasn’t that “a major phone launch did not happen until November.” 

Instead, Best Buy hauled in $9.32 billion, also marred by hurricane season, and other natural disasters which shaved a few cents per share off its results. Apple announced the iPhone …

Apple expects next quarter to be its best quarter ever with over $84 billion in revenue

Apple might have beaten expectations for iPhone sales this quarter with revenue of $52.6 billion, but what investors were really looking forward to is what the company expects for its biggest quarter of the year, the upcoming Holiday quarter.
And Apple has some big expectations.
Last year, the company beat its own records and scored $78.4 billion in revenue, the highest any company in history has ever posted. This year, it expects to go much higher: Apple’s projection for the Holiday quarter put revenue between $84 …

HTC reports that September revenue soared 117% sequentially

Thanks to shipments of the Pixel 2 to Google, HTC today reported September revenue of $6.51 billion New Taiwan Dollars (equivalent to $215 million USD). That was a 117% hike from the $3 billion New Taiwan Dollars in revenue (equivalent to $99.2 million USD) reported by HTC for August, when there were no Pixel 2 shipments made. This year, HTC is responsible for the Pixel 2, while LG built the Pixel 2 XL. Last year, both the Pixel and the Pixel XL were manufactured by HTC.

Since it delivered only one of the Pixel sequels to Google this year, it is no surprise that HTC’s September 2017 revenues …

HTC to give Vive app developers 100% of app revenue for the rest of 2017

No sooner has HTC made a deal with Google that will fill its coffers with $1.1 billion and increase the importance of the Vive VR system to the company, the Taiwan based manufacturer is trying to get developers to lower prices for apps developed for the VR headset. Instead of keeping 30% of app revenue related to the product, HTC will take a 0% slice of app revenue, which means that the developers will keep 100% instead of their usual 70%. After December 31st, 2017, HTC regains its 30% cut.

HTC is hoping that lower priced apps results in higher sales of the Vive system. And do not discount …

Streaming music sales accounted for 62% of total U.S. music revenue during the first half of 2017

According to the RIAA, streaming music is now responsible for the vast majority of stateside music purchases. Altogether, sales of tunes in the U.S. during the first half of this year hit $4 billion, up 17% year-over-year. At this pace, last year’s total of $7.7 billion in music sales should be topped. Streaming made up $2.5 billion of this year’s first half revenue, which amounts to a whopping 62% of industry sales. Right now, there are 30 million people in the states that are signed up to a streaming music service.

Breaking down streaming revenue in the first half of 2017, subscriber revenue …

Survey shows Samsung Galaxy S8+ producing the highest daily revenue per active user last month

The Apple iPhone has traditionally been the top revenue producing phone in North America. In other words, more games have been purchased by iPhone users than by those sporting an Android handset. And while that continues to be true for the most part, fresh data shows that the iPhone is being challenged by the Samsung Galaxy S8+ and the Google Pixel XL for the title of the top revenue producing phone in North America.

A survey conducted by analytical firm deltaDNA revealed that in North America last month, the phone that produced the most revenue per user on an average day was the Samsung …

Apple is looking to lower music labels' revenue cut for Apple Music

According to Bloomberg, that cited anonymous sources, Apple is looking to negotiate lower revenue cuts for music labels on the Apple Music platform. Reportedly, Apple’s deals with the music industry end in the end of June, and if the two parties can’t agree on new terms, they will automatically be renewed.

According to Bloomberg’s sources, the talks will cover both the Apple Music streaming service and iTunes, Apple’s digital-download music store. The talks are meant to bring Apple Music’s rates closer to those of its main competitor – Spotify. The Finnish company …

HTC posts revenue decline for April as its U phones failed to catch on

HTC hasn’t shared its financial results for the first quarter, but it published its revenue for April and things aren’t looking up. The company sees a 9% decrease in revenue, with a 6% drop in total revenue year-over-year. This is an indicator that sales of HTC’s newest smartphones, the U Ultra and the U Play, came lower than expected.

Indeed, the devices failed to excite customers and reviewers, leaving both to expect a more memorable and intriguing product. The company has a big launch this month, unveiling the supposedly named HTC U 11 smartphone on May 16. As …

Super Mario Run sees 37 million downloads, $14 million in revenue in first 3 days


super-mario-run Nintendo’s investors haven’t been happy with the performance of the new iPhone game, “Super Mario Run,” which has led to falling share prices over concerns with the game’s payment model. However, the game has still eked out a respectable share of downloads and revenue, according to new data from app intelligence firm App Annie. Looking back at the game’s… Read More

Source by: [author_name]