NEWS

Xiaomi made a profit of $56 million in 2013

Xiaomi made a profit of $56 million in 2013

“According to the data, Xiaomi has during last year (2013) made a profit in the amount of $56 million”

According to information, Xiaomi, very popular manufacturer of mobile devices during 2013 achieved a profit of $56.15 million, and revenues amounted to $4.3 billion.

The leader and CEO, Lei Jun, possess 77.9% of Xiaomi stake, while unnamed shareholders have the rest.

Operating profit was $78.5 million, while the operating margin was less than 2%, which is a big gap to the leading, Apple and Samsung.

Apple has during 2013 had revenues in China which totaled $25.4 billion, which is almost six times better than Xiaomi’s results in China. Apple’s operating profit was $8.5 billion, which is about 150 times more than Xiaomi earned throughout 2013. (我回顾中国手机)

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