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Xiaomi stops disclosing annual sales figures

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21–30 of 51 posts

Re: Xiaomi stops disclosing annual sales figures

#21
post #4

It's interesting what's going on here. They have gone on record before that they're not making a profit on their phones, and evidently their tactics are creating a bit of an internal mess. They've grown very rapidly. I imported a Xiaomi Mi 4C a month or two ago for €100 (it still sells around that price). For that price you get a fantastic 5" screen, the same Snapdragon 808 chip / 2GB RAM as the €300 Nexus 5X, a more…

Are you sure it is Xiaomi selling under cost and not the other way around? Prices for other phones are excessive compared to Xiaomi and other Chinese brands with similar specs.

Considering the fact that no other smartphone manufacturer other than Apple and Samsung don't make a profit...

Re: Xiaomi stops disclosing annual sales figures

#22
post #11

Earlier quoted context omitted.

There is an important supply chain related nuance in my opinion - in the US, distribution channels are critically important - Amazon, Best Buy etc. - but in Asia, this isn't always the case, in fact a flash sale on JD or some vendors stores directly means they can play with skinny margins and sell products. If you are selling something in Best Buy, there is a good chance that there is a 50% markup in many cases which…

Vendors (from Samsung to even clothing companies) make agreements with retail stores to have the same price in shops and online. Otherwise online would be cheaper and retail would refuse to list more expensive SKUs. The only ways to bypass the markup of the distribution network are: - Go "Tesla" mode: Sell directly online or manage your own distribution – Only works if you pull off a unique product, makes the pricesh…

Can anyone comment on how Apple works with retailers? Do retailers "buy" from Apple (and pay within thirty days of delivery)? Can retailers return iPhones they can't sell without paying a premium?

Sorry I don't know anything about the market. I don't even know if best buy's margin would be public information or if we'd need to make an educated guess.

Re: Xiaomi stops disclosing annual sales figures

#23
post #17

highly-regarded Chinese outfit It wasn't so much a matter of being "highly regarded" as it was being overly hyped. I am not sure if it was the media’s fault or Xiaomi’s own PR efforts, but the nonstop “Steve Jobs of China” headlines and fawning articles about the hardware and Miui were over the top. When Xiaomi was listed #2 in Technology Review’s “50 Smartest Companies” of 2015 (behind Tesla, 1) I was flabbergasted…

Counterfeit Jobs is just the media being the media. Lei Ju dressed like Steve and presented like him. They have done nothing remotely innovative as a company. Their phones looked like duplicates of the iPhone and the Samsung Galaxy lineup for years, which from my understanding, is why they haven't entered the U.S. or other markets yet.

Re: Xiaomi stops disclosing annual sales figures

#24
post #18
post #17

highly-regarded Chinese outfit It wasn't so much a matter of being "highly regarded" as it was being overly hyped. I am not sure if it was the media’s fault or Xiaomi’s own PR efforts, but the nonstop “Steve Jobs of China” headlines and fawning articles about the hardware and Miui were over the top. When Xiaomi was listed #2 in Technology Review’s “50 Smartest Companies” of 2015 (behind Tesla, 1) I was flabbergasted…

I don't think they are overhyped at all. I own a Mi4i, converted from a Nexus 5. My biggest worry was unfounded, I ended up loving MIUI. It is, in my opinion, way more usable than vanilla android and they seem to do significant updates once every few weeks. The design is very nice, its routinely assumed Im using a high-end smartphone. The screen is great, battery is ok (relative to the times), its occasionally laggy…

As a proud owner of a redmi note 3 replacing my nexus 5, I couldn't be happier. Love the MIUI.

Re: Xiaomi stops disclosing annual sales figures

#25
it could be that mi phones are so good that people like me and my wife do not want to buy a new replacement.

i dropped my mi 1S on hard ground one year ago. the screen glass was torn, but not detached; however, the touch is not affected at all. the face camera still works but the pic is blurry due to torn glasses covering the face camera.

last week my 4yo son threw my wife's mi 2. screen torn (much worse than mine, but the scars do not cross important areas like front camera), touch ok, camera ok.

i asked her if she wants a new phone? she flatly said no. it still works great.

i had a chinese no name brand tablet. dropped wooden toy on it, screen torn, touch broke, 'mouse' jitters. luckily pointers still functions with normal mouse (use utb-otg) after detaching the touch sensor ribbon cable.

so yeah, xiao mi phones are robust and ours are 24/7 abused. they (mi 1s and mi 2s) still get great build even when the prices are just around $100. the second thing less abused in my house is my lenovo yoga (ultra-slim laptop). oh wait, probably the most abused is my cisco router.

we do have more high end phones like motorolla and asus; however, they are not used as much as the mis. not because they are more expensive so we care more. it's just painful to use say asus. it's power hungry, and data hungry, often betrayed us on critical moments. we just don't use it. the asus z5 is now used by my 4yo son to watch youtube.

on last note, we like that our mis do not have a brand printed facing us, unlike the ASUS or SAMSUNG. i never like printed brand on my personal stuffs just to show off. printed brands on inside, not to show off, are ok.

Re: Xiaomi stops disclosing annual sales figures

#26
post #17

highly-regarded Chinese outfit It wasn't so much a matter of being "highly regarded" as it was being overly hyped. I am not sure if it was the media’s fault or Xiaomi’s own PR efforts, but the nonstop “Steve Jobs of China” headlines and fawning articles about the hardware and Miui were over the top. When Xiaomi was listed #2 in Technology Review’s “50 Smartest Companies” of 2015 (behind Tesla, 1) I was flabbergasted…

Counterfeit Jobs is just the media being the media. Lei Ju dressed like Steve and presented like him. They have done nothing remotely innovative as a company. Their phones looked like duplicates of the iPhone and the Samsung Galaxy lineup for years, which from my understanding, is why they haven't entered the U.S. or other markets yet.

i used samsung galaxy for a couple of weeks. and no, mi does not copy samsung certainly.

samsung is loaded with utter crap default apps. asus follows this path with so many uninstallable default crapps.

i never rooted my mis and always update community roms. the default crapps are minimal.

mi phones (and miui) are ways up from others. it takes effort not to notice. buy one, play with it a couple weeks, and u never want to use other android phones.

Re: Xiaomi stops disclosing annual sales figures

#27
post #17

highly-regarded Chinese outfit It wasn't so much a matter of being "highly regarded" as it was being overly hyped. I am not sure if it was the media’s fault or Xiaomi’s own PR efforts, but the nonstop “Steve Jobs of China” headlines and fawning articles about the hardware and Miui were over the top. When Xiaomi was listed #2 in Technology Review’s “50 Smartest Companies” of 2015 (behind Tesla, 1) I was flabbergasted…

Counterfeit Jobs is just the media being the media. Lei Ju dressed like Steve and presented like him. They have done nothing remotely innovative as a company. Their phones looked like duplicates of the iPhone and the Samsung Galaxy lineup for years, which from my understanding, is why they haven't entered the U.S. or other markets yet.

Their battery banks are some of the best on the market.

Re: Xiaomi stops disclosing annual sales figures

#28
post #11

Earlier quoted context omitted.

Vendors (from Samsung to even clothing companies) make agreements with retail stores to have the same price in shops and online. Otherwise online would be cheaper and retail would refuse to list more expensive SKUs. The only ways to bypass the markup of the distribution network are: - Go "Tesla" mode: Sell directly online or manage your own distribution – Only works if you pull off a unique product, makes the pricesh…

Can anyone comment on how Apple works with retailers? Do retailers "buy" from Apple (and pay within thirty days of delivery)? Can retailers return iPhones they can't sell without paying a premium? Sorry I don't know anything about the market. I don't even know if best buy's margin would be public information or if we'd need to make an educated guess.

I don't know the mechanics of how apple works with retailers but honestly all rules are off for them. With respect to Best Buy's margin - its not a flat rate for anyone, its typically negotiated for each vendor based on a great number of things. In general, Apple's ability to bring customers into the store provides massive leverage to them so they can push back on Best Buy pretty hard to get a better deal.

Re: Xiaomi stops disclosing annual sales figures

#29
post #18

Earlier quoted context omitted.

I don't think they are overhyped at all. I own a Mi4i, converted from a Nexus 5. My biggest worry was unfounded, I ended up loving MIUI. It is, in my opinion, way more usable than vanilla android and they seem to do significant updates once every few weeks. The design is very nice, its routinely assumed Im using a high-end smartphone. The screen is great, battery is ok (relative to the times), its occasionally laggy…

As a proud owner of a redmi note 3 replacing my nexus 5, I couldn't be happier. Love the MIUI.

Yup, I own a Redmi 3S Prime for ~$130. It's a great value phone and doesn't lag. MIUI is extremely slick and easy to use. I persuaded four of my family members to go for Xiaomi phones and they couldn't be more happier.

Re: Xiaomi stops disclosing annual sales figures

#30
Even though Xiaomi is most widely known as a smartphone manufacturer, for me it's a fantastic home appliance and electronic accessories maker. They're great value for their price. I've come to own so many of these without even noticing myself:

- A great body weight scale that I use almost everyday, for around 100 yuan (~14 dollars). Has Bluetooth and syncs with your phone. I bought a second one for my mom.

- Four air purifiers. 699 yuan each (~100 dollars). A third or a fourth the price of rivals from traditional home appliance makers. Two for me and two for my mom. They also have a great app that connects them to my phone. These are such great values that my friends and colleagues bought ~10 more in total based on my feedback. Given the terrible smog in Northern China it's no surprise they've been out of stock for weeks this winter.

- One 10,000mAh power brick for my wife. I think it was less than 15 dollars. Many of my friends use Xiaomi's battery pack too.

- Countless cheap Lightning cables.

In addition to these, I'm also planning to buy another two of their products for the coming Chinese New Year:

- A water purifier for 1999 yuan (~290 usd). Good design that let's you change filter without fuss. Also connects to phone.

- A robot vacuum for 1699 yuan (~250 usd). Two of my friends bought it and feedback has been positive. Also has an app, naturally.

- Another air purifier.

My point is that if you're a watcher of Xiaomi, you have to look beyond the phones.

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