It’s been proven that young people spend a lot of time on their phones, but a Pew Research survey of 743 teens, ages 13 to 17, shows that they’re also well aware of their phone addiction. As this chart from Statista shows, more than half of the teens say that […]
Following its Hong Kong IPO, Chinese smartphone maker Xiaomi beat analyst’s expectations this past quarter, with revenue in the first half of 2018 now totaling 79.65 RMB, or $US11.9 billion. The rising revenue has been driven by brisk smartphone sales – Xiaomi said it sold 32 million smartphones this past […]
Eight years after Google pulled its search engine from China due to concerns over censorship and cyber attacks, the company is considering relaunching a censored search function there – and members of the broader tech community aren’t happy about it. But they’re outnumbered by Google employees. As this chart from […]
Since snagging an early lead in the smart speaker market with the Echo product lineup, Amazon has maintained its dominance through the second quarter of this year – but it has less breathing room than ever. As this chart from Statista shows, Amazon is credited with shipping 41% of the […]
Among the many announcements at its Unpacked event on Thursday, Samsung debuted a new smartwatch, dubbed the Galaxy Watch. The Galaxy Watch will be offered in two sizes with a battery life that the company claims will be able to operate for several days on a single charge. But as […]
Sonos’ IPO last week showed a promising forecast for the home audio system company, with shares eventually level ling out to about $US19. The company is now valued at $US1.5 billion, but investors are concerned about Sonos’ long-term endurance as it gravitates toward producing products with longer shelf lives, which […]
Since 2008, home-rental service Airbnb has allowed travellers to rent locals’ apartments and homes as a new way to experience cities around the world, from Rio de Janeiro to London. London, in fact, is the most popular city to use Airbnb, as this chart from Statista shows. Staying in a […]
Meal-kit service Blue Apron’s latest quarterly results point to a troubling trend in the industry. As this chart from Statista shows, business for the service has seen a steady decline since the beginning of 2016. The company’s eventual 2017 IPO, followed by a CEO replacement, didn’t do much to turn […]
Apple just became the first US publicly traded company to reach a $US1 trillion market capitalisation. The milestone was hit when the company’s share price rose to $US207.05 on Thursday morning, just two days after the company reported its strongest third quarter in history. The earnings announcement helped spur a […]
Apple reported the strongest third quarter in its historyTuesday. And despite the smartphone market at a relative standstill, the company is poised to have its biggest year in iPhone revenue yet. As this chart from Statista shows, Apple’s revenue will reach a whopping $US129.5 billion by the end of its […]
MoviePass’ subscriber count hit a whopping 3 million in June, a staggering rise from its initial tally of 20,000 last August. As this chart from Statista shows, the subscriber base has grown exponentially in the past year, creating higher costs for the company as it continues to grapple with an […]
Facebook reported lower-than-expected quarterly results last week, resulting in an initial 24% stock drop before eventually levelling out to a 19% dip. It was enough to cause Facebook’s market capitalisation to plummet $US119.4 billion as the company’s disappointing results – as well as a discouraging upcoming quarterly forecast – caused […]
Amazon exceeded Wall Street expectations Thursday when it reported a record-breaking $US2.5 billion second-quarter profit. As a result, the company’s stock rose four per cent in after-hours trading. While the company’s net sales of $US52 billion were below analyst’s projections, the big story was Amazon’s surprising profit. Driven by the […]
Facebook stock took a hit of about 19% on Thursday after the social network posted quarterly results below what Wall Street was expecting – and weaker guidance for the next quarter, too. A big cause of Wall Street’s concern: Facebook’s user growth, once the stuff of Silicon Valley legend, is […]
While the Great Recession did a lot of harm to...
Apple reclaimed the top spot of the smartphone...