Xiaomi has said that its sales outperformed analysts expectation in the first quarter. The results are a little bit surprising given the fact that China and many other countries have been locked down.
Q1 2020 RSS
LG and Samsung have shared their earnings reports for the first quarter of 2020. Both companies saw an increase in revenue year-on-year, and LG had the highest Q1 profit margin in its history.
After reporting quarterly revenue of $91.8 billion, Apple is mindful of the potential corollaries of the novel coronavirus and has made adjustments to its predictions for the next quarter.
Apple has released its earnings report for the three months ending in December of last year, which is the company's first financial quarter of 2020. Revenue hit $91.8 million, an all-time record.