Tag Archives: googl

Apple copycat Xiaomi leaps to No. 3 in smartphones

China-based Xiaomi leapt to third place in the worldwide smartphone market in the third quarter as its unit shipments soared 211% from Q3 2013, research firm IDC reported late Wednesday. Xiaomi’s market share rose to 5.3% from 2.1%. But its hold on third place could be short-lived as No. 4 smartphone maker Lenovo, also of China, completed its acquisition Thursday of Google’s (GOOGL) Motorola Mobility unit. Xiaomi shipped 17.3 million smartphones in the quarter, putting it well behind market leaders Samsung and Apple (AAPL). Samsung held a wide lead as the No. 1 smartphone vendor in Q3, with 78.1 million units shipped. But its market share fell to 23.8% from 32.5% in the year-ago period, as its shipments sank 8.2%, IDC said. Apple’s market share dipped to 12% from 12.9%. Its iPhone shipments rose 16.1% to 39.3 million units. But the total market grew 25.2%. Apple’s smartphone sales slowed ahead…

RCA brand tablets rocket as Apple iPad sales decline

The fastest-growing tablet vendors in the third quarter were makers of low-cost Google (GOOGL) Android-based slates, most notably the RCA brand. RCA tablet shipments rose a blistering 194% year over year in Q3, research firm IDC reported Thursday. The storied brand shipped 2.6 million tablets in the quarter, giving it a market share of 4.9%, up from 1.8% in Q3 2013. RCA ranked No. 5 among tablet makers as it entered the top-five vendor ranking for the first time. RCA was a “surprise entry” in the top five thanks to its distribution deals with Wal-Mart Stores (WMT) and other big retailers, IDC said.

Google, Alibaba Are Largest Internets By Market Cap

Google (GOOGL) has the largest market capitalization of all Internet companies, followed by China e-commerce giant Alibaba Group (BABA), as represented on U.S. stock markets. Market cap is what the market thinks a public company is worth. It’s the total value of the company’s outstanding common stock, not including preferred shares. The valuation fluctuates depending on stock price. Google’s market cap is near $380 billion, which puts it