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    Home»Business»Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and a ~$87M net loss, as China’s lockdown cripples smartphone sales (Bloomberg)
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    Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and a ~$87M net loss, as China’s lockdown cripples smartphone sales (Bloomberg)

    IsabellaBy IsabellaOctober 27, 2022No Comments1 Min Read
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    Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and a ~$87M net loss, as China’s lockdown cripples smartphone sales (Bloomberg)
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    Bloomberg:
    Xiaomi beats estimates with ~$10.9B in Q1 revenue, down 4.6% YoY for its first-ever decline, and a ~$87M net loss, as China’s lockdown cripples smartphone sales  —  Xiaomi Corp. posted its first quarterly revenue decline on record, after Beijing’s strict Covid containment policies crippled smartphone sales.

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    Isabella
    Isabella

    Isabella Noor is Director of Marketing at FastFoxNews. With 8+ years experience in public relations and marketing, she loves talking about content creation, SEO & Digital Marketing.

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