Canalys has reported that the North American wearables market grew by 10% in Q2 2020 but that the average selling price was dragged down as more people opted for low-end activity trackers.
Q2 2020 RSS
Gartner says that smartphone shipments fell by 20% YoY in Q2 2020, with Samsung seeing the biggest decline (27%), resulting in a tie with Huawei for first place. Apple, however, sold 0.4% fewer units.
Google parent company Alphabet announced its second quarter 2020 earnings today, showing $38.3B in revenue, with nearly $38B of that coming from Google itself, and nearly $28.9B in advertising.
Samsung and LG have both released their earnings reports for the second quarter of 2020, with revenue dropping from the previous quarter, but Samsung actually saw an increase in profit.
Spotify today announced its earnings for Q2 2020, revealing the service now has 138 million premium subscribers. It also revealed that global consumption hours have rebounded to pre-COVID levels.
The automaker said that it delivered about 90,650 vehicles during the second quarter, exceeding expectations by analysts. Since then, Tesla's shares have surged by roughly 8 percent.
In this week's recap, we take a look at the results for the company's Q2 fiscal 2020, find out when the redesigned Xbox One dashboard ships, and much more. Be sure to catch up below.
Microsoft today posted its quarterly earnings report, once again showing strong growth. More Personal Computing is still the biggest category, but that category only grew by 14% for $13.2B.
