Xiaomi celebrates its birthday by making boat loads of cash, YouTube contemplates subscription service and Netflix releases its own wearable.
Xiaomi is breaking selling records left and right, and most of their phones sell out in a matter of minutes, but what they have just accomplished is stunning. The Chinese manufacturer recently put together its 5th birthday MiFan Festival, in which they discounted a good amount of devices and accessories.
You want to try guessing how much they sold? Well, we can tell you it was well over RMB 2 billion, which equals to well over $300 million USD. If that’s not impressive enough, let us tell you this event only lasted 12 hours.
They sold 2.12 million phones for a revenue of RMB 2.02 billion. They also sold over 38,000 Mi TVs, 200,000 Mi Bands and 247,000 Mi Power Strips. They made about RMB 190 million in just accessories!
Opinion: That’s a lot of millions for a 12-hour sale, guys. Some of the larger manufacturers are probably dying of envy right now. The company is growing strong. I say it won’t take more than a couple years for them to become prolific in the mobile industry, all over the world.
Hating those pesky YouTube ads? I know, they can be annoying, but it’s the only way for your favorite YouTube to get compensated for their hard work. At least that is the only way now, but Google is always thinking of better ways to monetize YouTube. The latest news revolves around a subscription service that is to come later this year.
Signing up for this subscription service would allow you to watch YouTube without watching a single ad. This information comes from an official email sent to YouTube partners, where they are informed of the upcoming changes.
We are not sure whether this will be better or worse for content creators, but it looks like they really have no option but to accept the 55% of whatever YouTube makes out of these subscriptions. They can opt out, but then all their videos would be set to private. Not fun, right?
Opinion: Life is not easy for a YouTuber. All these changes are happening way too often.
Everyone is going bananas over the Apple Watch, but Netflix has something better for you. There are no words to describe this, so why don’t you just watch the announcement video?
Opinion: It seems April 1st came a little late to the guys at Netflix. Loving it!