The year 2015 saw a 20% increase in the number of smartphone shipments in India and a subsequent increase of 12% during Q3 2015. However, the more interesting statistic is that the shipment of LTE smartphones in India alone grew by 2400% annually.
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Analysts are projecting that Apple will report a strong earnings in second quarter of 2015. They are saying that the company may be the talk of town thanks to its Apple Watch, but when it comes to its earnings it is still all about the iPhones.
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Nokia today declared an operating loss of 487 million euros in Q2.The company managed to ship 88.5 million phones in the quarter and had net sales of 9.3 billion euros but the handset maker is struggling to make a profit.Looks like Nokia CEO Stephen Elop has some tough days ahead of him.
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