High sales also had a positive effect on the financial results of this Chinese company. In the third quarter, net profit rose 19 percent to 4.1 billion yuan (nearly $ 14 billion) due to strong sales growth. Analysts estimated a profit of only 3.3 billion yuan before the results were published.
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According to consulting company Canalys, Xiaomi has even risen to third place among the most popular smartphone manufacturers with 47 million devices sold. The competing company Apple jumped.
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However, it can be assumed that Apple will strengthen significantly in the coming quarter. He is currently launching a completely new generation of iPhones with the number 12 in the name. And the interest is especially in more advanced models with the word Pro in the name so high that they are hopelessly sold out in stores.
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For the sake of completeness, let us add that the first place belongs to the South Korean Samsung and the second to the Chinese company Huawei.
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Introducing the Apple iPhone 12 Pro smartphone
Video: manufacturer’s archive
Introducing the Apple iPhone 12 smartphone
Video: manufacturer’s archive
Top models withdrew from sale
Unprecedented interest in mobile phones from Xiaomi is evident practically all year round. For example, this year before the holidays, the demand for the manufacturer’s flagships was so high that it significantly exceeded its production capacity. Xiaomi therefore withdrew the Mi 10 and Mi 10 Pro models entirely from the European market and only offered them in its home country of China.
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They went on sale again this year before Christmas, with an even more attractive price tag. Potential applicants will pay CZK 23,990 for the Mi 10 Pro with 256GB storage, originally it was CZK 27,990. The prices of the cheaper Mi 10 version start at CZK 16,990, which applies to the variant with 128GB of storage. In the summer, CZK 21,990 was paid for this version. The Mi 10 with 256GB storage and a price tag of CZK 22,990 is also on sale.
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You can learn more about both phones from Xiaomi in our previous article:
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Xiaomi Mi 10 Pro
Photo: manufacturer’s archive