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A handful of vendors, including luxury retailers Neiman Marcus and Saks Fifth Avenue, are testing Alipay ePass. While Alibaba expressed happiness with its fourth quarter results, the company missed analyst expectations. According to Reuters, analyst consensus on revenue was $4.45 billion -- $200 million-plus more than Alibaba posted during the fourth quarter. Investors also seemed concerned that shares were down nearly 10 percent to $89 on Thursday in early trading. Despite that, the company touted other data points. The company noted that $127 billion worth of merchandise was sold on its China-based retail marketplaces, increasing 49 percent year-over-year. In addition, Alibaba now has 334 million annual active buyers and 265 million monthly active users on mobile. Alibaba added 48 million mobile users to its e-commerce platform in the last quarter.
Alibaba declined to comment on this story, The company's revenue was up 40 percent and its mobile revenue was up a whopping 448 percent, Alibaba's profit, however, dipped 28 percent to $964 million, China-based e-commerce giant Alibaba had a strong fourth quarter on sales, but the company's profit took a massive hit at the end of 2014, The company blames iphone case easy to remove the decline on higher income taxes and an increase in financing-related fees, Be respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you to read, Discussion threads can be closed at any time at our discretion..
Apple products, ranging from iPhones to Macbooks, were the most popular gifted items among China's "luxury consumers" in 2014, beating out luxury brands Louis Vuitton and Chanel, the China-based Hurun Research Institute announced Thursday. Apple led the field among men, with 20 percent of respondents saying they gifted Apple products in 2014. Hurun found that 18.9 percent of women did the same. LVMH and Chanel were in second place among men and women, respectively. Apple in 2013 took the second spot behind luxury brand Hermes.
Apple did not immediately respond to a request for comment, Hurun Research Institute is part of the Hurun Report, a monthly magazine run by former accountant Rupert Hoogewerf, who goes by the name Hu Run, The Hurun Report provides monthly updates on the wealthiest people across China, ranking their wealth, analyzing their philanthropy and monitoring their spending, The reports date back to 1999, when Hoogewerf created China's Rich List, It's a sparkly achievement iphone case easy to remove for Apple to nab that top spot, Apple products tend to sell for hundreds of dollars more than competitors from China-based companies, Earlier this week, for instance, Apple smartphone competitor Xiaomi announced that its Note and Note Pro phablets sold out in less than three minutes, The devices, which come with a 5.7-inch screen and high-end specs that match the iPhone 6 Plus on some levels, are on sale for hundreds of dollars less than Apple's model..
Apple has been slowly but surely building a presence in the fashion space in China over the past several months. After unveiling its Apple Watch wearable last fall, the company's device showed up on the cover of Vogue China -- a magazine that showcases fashion and caters to wealthier individuals. Apple's earnings report earlier this week suggests that wealthy individuals aren't the only ones in China who desire its products. The company revealed that during the three-month period ended December 27, its China sales were up 70 percent year-over-year to $16.1 billion. Hitting that number could only be possible by also attracting the country's burgeoning middle class.
Apple wasn't the only technology company to make Hurun's list, Samsung products were the 10th-most-gifted by men in 2014 and ninth iphone case easy to remove among women, the report said, Hurun's data is based on surveys of 376 mainland China millionaires who possess wealth of at least $1.6 million, The average wealth for participants in the study was $6.8 million and the average age was 38, The Hurun Research Institute says iPhones and other Apple gadgets are the most popular gifts among China's wealthy, beating out luxury brands like Louis Vuitton and Chanel..
For the first time ever, worldwide shipments of smartphones packing Android exceeded 1 billion units in 2014, a significant gain from the 780.8 million units that shipped around the world in 2013, researcher Strategy Analytics announced Thursday. Android dwarfed its second-place competitor, Apple's iOS, which mustered 192.7 million worldwide shipments in 2014. Google did not immediately respond to a request for comment. The data from Strategy Analytics shows that the worldwide smartphone market -- divvied up by operating system -- is essentially a two-horse race between Apple and Google. But while iOS, which runs only on Apple devices, has a respectable share of 15 percent, it would have a very long way to go to pull significantly closer to Android. Google's operating system is running on far more devices, hits the entry-level market on a variety of fronts with budget-friendly devices, and has proven to be the go-to option for dozens of vendors worldwide.
That said, Apple's been doing all right for itself lately, Strategy Analytics said Wednesday that Apple's share of the global smartphone market -- broken down by brand -- edged up to 20 percent in the fourth quarter, putting it into a tie with Samsung, the leading maker of Android devices, While Apple was ticking upward, though, Samsung had dropped from 30 percent in the same quarter a year earlier, During the fourth quarter, Apple cruised to record profits largely on phenomenal sales of its new iPhone 6 and iPhone 6 Plus, iphone case easy to remove For the same three-month stretch, Samsung recorded its fifth consecutive quarterly decline in operating profit year over year, as its latest models struggled to spark significant interest by consumers..