Activision Blizzard’s $1bn number for sales of its latest Call of Duty game sounds impressive – at double the $500m in first-day sales it announced last year – but these figures have a hard-to-grasp ghost-like quality to them. Read more
A customer celebrates buying two new iPhone 5s at the Wangfujing flagship store in Beijing
When Xiaomi, a popular Chinese smartphone maker, overtook Apple’s market share in China the second quarter, the shift prompted a double take by consumers and investors who had never heard of the small but growing brand.
The ascent was short-lived. Apple’s two new iPhones have proved popular in China, enabling the US company to shoulder past Xiaomi in the market share rankings for the three months ended in September.
But Apple and everyone else are still miles behind the clear market leader — Samsung, which now has a fifth of China’s smartphone market, up from 14 per cent in the third quarter of last year. Read more