Xiaomi reported earnings of only $56 million in 2013, one-tenth what WSJ reported and 1/150 Apple's

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  • Reply 81 of 122
    techlover wrote: »
    Well if you can't see why its important to watch what others are doing, and how that benefits or detracts from what Apple is doing, then I can't help you.  

    Maybe open your eyes a little bit.  That's about the best advice I give you since you clearly do not want to see what is happening anywhere else in the world.

    I open my eyes and see that there are 10 times as many non-iPhones being sold than iPhones. And it's been like that for a while. There are also 10 times as many Windows PCs sold than Macs.

    I've accepted the fact that Apple will never be the volume leader in sales.

    However, Apple has just sold the most Macs ever in a single quarter... and they're gearing up smash all previous iPhone sales records too. Something tells me that Apple is very happy with their performance.

    I'm sure Apple looks around at the entire market. But they see areas of the market they simply don't want to be in.

    If some no-name company wants to sell a smartphone for $80 and make no money on it... good for them.

    Apple doesn't share that desire.

    techlover wrote: »
    If there are any investors around here, or anyone with just a hint of intelligence, they would fully see that Xiaomi is obviously "one to watch" as they are growing rapidly.  

    200% year over year growth.  Android or who-gives-a-shit-platform,<span style="font-size:16px;line-height:1.4em;"> I'd like that kind of growth in my portfolio wouldn't you? </span>

    That's a 200% growth in UNIT SALES. That has nothing to do with actual money.

    The article has this to say on the matter:

    "The reality is that years after starting to ship relatively large volumes of smartphones in China, Xiaomi is still not very profitable at all."

    So... Xiaomi doubled the amount of units sold... but they couldn't turn that into much profit?

    That tells me one thing... Xiaomi is selling most of those units at a loss.

    Unsurprisingly... that how most of the Android manufacturers operate.
  • Reply 82 of 122
    boredumbboredumb Posts: 1,418member
    Quote:

    Originally Posted by anantksundaram View Post

     
    Quote:
    Originally Posted by TechLover View Post

     

    200% year over year growth.  Android or who-gives-a-shit-platform, I'd like that kind of growth in my portfolio wouldn't you?  


    Knock yourself out. It's a free country (that is, if you live here -- you sound like you work for Xiaomi, so it could be elsewhere that you live).

     

    Please stop shilling for a third-rate copyist of a company. You're not going to win any points or converts in this forum. Take your arguments on behalf of cheap stolen crap elsewhere. Thanks.


    Oh no!  Please don't send him away...

    he's "just trying to spread some facts and truth in the land of the delusional."

    However else will we know??!?

  • Reply 83 of 122

    That's a 200% growth in UNIT SALES. That has nothing to do with actual money.



    The article has this to say on the matter:



    "The reality is that years after starting to ship relatively large volumes of smartphones in China, Xiaomi is still not very profitable at all."



    So... Xiaomi doubled the amount of units sold... but they couldn't turn that into much profit?



    That tells me one thing... Xiaomi is selling most of those units at a loss.



    Unsurprisingly... that how most of the Android manufacturers operate.

    Correct. But the fact remains its an interesting company to watch.

     

    I some how managed to make a decent amount on my 4 year old investment in Amazon (not so much this year, it was a buy and hold afterall, that's what I told myself anyway at the time anyway) and they have basically zero profits.

     

    Do you or anyone you know use Amazon?  Do they like it?  Does it work for them?  Do they care what the profits are?

  • Reply 84 of 122
    Quote:

    Originally Posted by boredumb View Post

     
    Quote:
    Originally Posted by anantksundaram View Post

     
    Quote:
    Originally Posted by TechLover View Post

     

    200% year over year growth.  Android or who-gives-a-shit-platform, I'd like that kind of growth in my portfolio wouldn't you?  


    Knock yourself out. It's a free country (that is, if you live here -- you sound like you work for Xiaomi, so it could be elsewhere that you live).

     

    Please stop shilling for a third-rate copyist of a company. You're not going to win any points or converts in this forum. Take your arguments on behalf of cheap stolen crap elsewhere. Thanks.


    Oh no!  Please don't send him away...

    he's "just trying to spread some facts and truth in the land of the delusional."

    However else will we know??!?


    I know right?

     

    Thank you!

  • Reply 85 of 122
    Quote:

    Originally Posted by TechLover View Post

     

    Correct. But the fact remains its an interesting company to watch.

     

    I some how managed to make a decent amount on my 4 year old investment in Amazon (not so much this year, it was a buy and hold afterall, that's what I told myself anyway at the time anyway) and they have basically zero profits.

     

    Do you or anyone you know use Amazon?  Do they like it?  Does it work for them?  Do they care what the profits are?




    Xiaomi will be interesting to watch as it loses money for their investors...presumably the Chinese government?

  • Reply 86 of 122
    techlover wrote: »
    Correct. But the fact remains its an interesting company to watch.

    I some how managed to make a decent amount on my 4 year old investment in Amazon (not so much this year, it was a buy and hold afterall, that's what I told myself anyway at the time anyway) and they have basically zero profits.

    Do you or anyone you know use Amazon?  Do they like it?  Does it work for them?  Do they care what the profits are?

    I love Amazon! I buy tons of stuff from them. They revolutionized online commerce. Speed, selection, customer service... they have it all.

    But Xiaomi is "Just Another Android Vendor" offering not much more than any of the other 60 Android manufacturers.

    Yes... Xiaomi sells a lot of units... but is that where the story ends?
  • Reply 87 of 122
    That is a great question.

    Is that where it ends?

    That is a question I wish I knew about Amazon back in 1994.

    Great question indeed.
  • Reply 88 of 122
    techlover wrote: »
    That is a great question.

    Is that where it ends?

    That is a question I wish I knew about Amazon back in 1994.

    Great question indeed.

    So what are you suggesting... that Xiaomi will be an "Amazon-level" company someday?

    Look... I agree that Amazon is great. But I'm not seeing how Xiaomi will ever reach that status.
  • Reply 89 of 122
    Quote:

    Originally Posted by Michael Scrip View Post





    So what are you suggesting... that Xiaomi will be an "Amazon-level" company someday?



    Look... I agree that Amazon is great. But I'm not seeing how Xiaomi will ever reach that status.



    Hugo Barra isn't capable of Amazon-level growth.

  • Reply 90 of 122
    techlover wrote: »
    That is a great question.

    Is that where it ends?

    That is a question I wish I knew about Amazon back in 1994.

    Great question indeed.

    So what are you suggesting... that Xiaomi will be an "Amazon-level" company someday?

    Look... I agree that Amazon is great. But I'm not seeing how Xiaomi will ever reach that status.

    In 20 years? How do we know?

    I am only suggesting that anything is possible.

    No one thought that Amazon, who only sold books in 1994, would today sell their own brand of diapers 20 years later.

    To suggest that not anything is possible these days would be ludicrous.
  • Reply 91 of 122
    clemynxclemynx Posts: 1,552member
    daven wrote: »
    Pay for their own designs? You mean like Samsung has paid? The problem is that winning in court takes a long, long time and all that time you get to copy... Just like Samsung has. Remember, Samsung didn't break out of the Droid pack until it copied Apple's look and feel. That is a lesson for others. Copy as much as you can and lawyer up so you can delay, delay, delay. As for their link to the Chinese government, I see that as a plus for them. Firstly, the Chinese government looks after their own and can delay Apple offerings while giving a wink and a nod to whatever Xiaomi does. In return, Xiaomi puts in a back donor for the government. In addition, don't underestimate the appeal of patriotism. Sure Apple may assemble their phones in China but they are still outsiders.

    No, pay as in stop copying and pay your own designers.
  • Reply 92 of 122
    Originally Posted by TechLover View Post

    I am only suggesting that anything is possible.



    Not for these clowns. Talk about ludicrous.

  • Reply 93 of 122
    clemynxclemynx Posts: 1,552member
    techlover wrote: »
    In 20 years? How do we know?

    I am only suggesting that anything is possible.

    No one thought that Amazon, who only sold books in 1994, would today sell their own brand of diapers 20 years later.

    To suggest that not anything is possible these days would be ludicrous.

    What is ludicrous is to compare Amazon in 1994, which was unique, with that shitty copycat company, which hasn't innovated anywhere and doesn't have even a small chance of growing.

    techlover wrote: »
    Correct. But the fact remains its an interesting company to watch.

    I some how managed to make a decent amount on my 4 year old investment in Amazon (not so much this year, it was a buy and hold afterall, that's what I told myself anyway at the time anyway) and they have basically zero profits.

    Do you or anyone you know use Amazon?  Do they like it?  Does it work for them?  Do they care what the profits are?

    Sure, following a company that clearly has no morals is so great!
  • Reply 94 of 122
    clemynx wrote: »
    techlover wrote: »
    In 20 years? How do we know?

    I am only suggesting that anything is possible.

    No one thought that Amazon, who only sold books in 1994, would today sell their own brand of diapers 20 years later.

    To suggest that not anything is possible these days would be ludicrous.

    What is ludicrous is to compare Amazon in 1994, which was unique, with that shitty copycat company, which hasn't innovated anywhere and doesn't have even a small chance of growing.

    techlover wrote: »
    Correct. But the fact remains its an interesting company to watch.

    I some how managed to make a decent amount on my 4 year old investment in Amazon (not so much this year, it was a buy and hold afterall, that's what I told myself anyway at the time anyway) and they have basically zero profits.

    Do you or anyone you know use Amazon?  Do they like it?  Does it work for them?  Do they care what the profits are?

    Sure, following a company that clearly has no morals is so great!

    Business and economics have no morals.

    Look at every single multinational corporation.

    If not for laws and negative press, corporations would have no morals. If you think Apple has better morals than most corporations than most you are likely right. But it's still a multinational corporation.
  • Reply 95 of 122
    techlover wrote: »
    In 20 years? How do we know?

    I am only suggesting that anything is possible.

    No one thought that Amazon, who only sold books in 1994, would today sell their own brand of diapers 20 years later.

    To suggest that not anything is possible these days would be ludicrous.

    With Xiaomi's explosive sales growth... what will happen when Xiaomi is the #1 smartphone vendor in the world?

    We could probably ask Samsung... who is already the #1 smartphone vendor in the world. Did anything exciting happen there?

    I agree... anything is possible. Xiaomi could be the biggest company in the world in 20 years. Or they could be gone.

    But it's the same for every company. The predictions game is difficult.

    You keep saying Xiaomi is the company to watch. No one else here shares that enthusiasm. I'll start paying attention to Xiaomi when they do something truly remarkable.

    Selling a ton of smartphones at a loss is not remarkable. :D
  • Reply 96 of 122
    techlover wrote: »
    In 20 years? How do we know?

    I am only suggesting that anything is possible.

    No one thought that Amazon, who only sold books in 1994, would today sell their own brand of diapers 20 years later.

    To suggest that not anything is possible these days would be ludicrous.

    With Xiaomi's explosive sales growth... what will happen when Xiaomi is the #1 smartphone vendor in the world?

    We could probably ask Samsung... who is already the #1 smartphone vendor in the world. Did anything exciting happen there?

    I agree... anything is possible. Xiaomi could be the biggest company in the world in 20 years. Or they could be gone.

    But it's the same for every company. The predictions game is difficult.

    You keep saying Xiaomi is the company to watch. No one else here shares that enthusiasm. I'll start paying attention to Xiaomi when they do something truly remarkable.

    Selling a ton of smartphones at a loss is not remarkable. :D

    A company to watch. One company to watch.

    Not necessarily THE company to watch as if it's the only one.

    Definitely one to watch in my opinion.

    If no one else agrees that's fine, and what opinions are all about.
  • Reply 97 of 122
    techlover wrote: »
    A company to watch. One company to watch.

    Not necessarily THE company to watch as if it's the only one.

    Definitely one to watch in my opinion.

    If no one else agrees that's fine, and what opinions are all about.

    Watch them do what?

    I'd like some clarification on what you're watching.
  • Reply 98 of 122
    techlover wrote: »
    A company to watch. One company to watch.

    Not necessarily THE company to watch as if it's the only one.

    Definitely one to watch in my opinion.

    If no one else agrees that's fine, and what opinions are all about.

    Watch them do what?

    I'd like some clarification on what you're watching.

    I am keeping an eye on them because they interest me.

    People that are genuinely interested in technology notice companies like Xiaomi and watch them and pay attention.

    If you can't understand that concept please stop replying to me.

    I'm watching them as I would any company that I am curious about.

    You can understand that concept can't you? Curiosity? Wanting to know more about something? Is that totally lost on you?

    I am watching them because I want to.

    Watching them do business, watching them fail, or watching them succeed.

    Why is it that hard for you to wrap your head around?

    Paying attention to what a company is doing is interesting to me sometimes.

    I make no apologies for taking interest in in Xiaomi.

    But I do care, and I am interested, and I indeed watch other companies.

    Again it's a big world out there if you can notice it.
  • Reply 99 of 122
    clemynxclemynx Posts: 1,552member
    techlover wrote: »
    Business and economics have no morals.

    Look at every single multinational corporation.

    If not for laws and negative press, corporations would have no morals. If you think Apple has better morals than most corporations than most you are likely right. But it's still a multinational corporation.

    Well that's the point. Compared to Xiaomi, Apple is a saint. At least they have their own designers.
  • Reply 100 of 122
    techlover wrote: »
    Seriously? I need to literally spell it out for you even more?

    Xiaomi is one of many Android manufacturers selling mostly cheap smartphones primarily in China with questionable government involvement.

    If that's what floats your boat... then keep an eye on them.

    But don't come to an Apple forum and attempt to spread the Xiaomi gospel. :D
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