Sunday, June 16, 2019

Sources: Huawei readies for a 40-60% drop in global smartphone sales, as Trump's ban starts hurting business and some carriers pass on the new Honor 20 flagship (Bloomberg)

Bloomberg:
Sources: Huawei readies for a 40-60% drop in global smartphone sales, as Trump's ban starts hurting business and some carriers pass on the new Honor 20 flagship  —  - Apple rival could see significant sales plunge amid Trump ban  — The Chinese firm sets sights on 50% domestic market share



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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...