Xiaomi: Smartphone sales at 27,5 million in Q1 2019, disputing IDC data.

Η Xiaomi stated that her smartphone shipments in the first quarter did not 10% drop as claimed by IDC in her report.

Η Xiaomi revealed that its total worldwide sales amounted to 27,5 million units, challenging it IDC report, saying that he has wrong data.

According to Xiaomi, its sales for Q1 2019 do not amount to the 25 million units as claimed by IDC, but to 27,5 million. and does not have a drop of 10%.

In light of this, Xiaomi told its investors to be careful with market reports, in an effort to prevent stock prices and the company's overall valuation from falling.

The number of 27,5 million shipments of smartphones, still means that there was a marginal decrease of about 2% on an annual basis and in the quarterly performance of Xiaomi. However, such a small margin falls within the acceptable range of fluctuations, and is in line with the general decline in sales of smartphones in the global market.

A 10% drop, however, would mean a sharp drop in the adoption of devices sold by Xiaomi, which in turn would affect their overall performance as a company. In turn, this would automatically affect the company's profit forecasts for 2019, and something like this Xiaomi is trying to prevent with its announcements today, having as recipients of its message mainly its investors.

The overall global smartphone industry has seen a slowdown. The same picture is presented even in India, where based on the data so far, the general growth rate of India in the smartphone industry has been slow compared to previous comparisons.

While Xiaomi continues to lead the Indian smartphone market, there has also been a marginal decline as companies Vivo and OPPO saw a big increase in their sales volume, through strong marketing campaigns and partnerships.

Recently, Xiaomi has launched a number of powerful mid-range smartphones, and hopes that this will help it regain its strength in terms of sales in the long run.

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