Xiaomi shipped 42.2 million smartphones in the second quarter: revenue was 46.5 billion yuan! Increased nearly 30%

According to news on August 21, this afternoon, Xiaomi Group officially released its second quarter financial report for 2024. It shows that Xiaomi Group's total revenue this quarter reached 88.9 billion yuan, a year-on-year increase of 32.0%; net profit was 5.1 billion yuan, compared with 3.7 billion yuan in the same period last year. Adjusted net profit was 6.2 billion yuan, a year-on-year increase of 20.1%.

It is worth noting that despite its efforts in the automotive industry, Xiaomi still has not forgotten its mobile phone business, and has gained a lot. In the second quarter of 2024, Xiaomi's smartphone revenue reached 46.5 billion yuan, a year-on-year increase of 27.1%, and global shipments were 42.2 million units, a year-on-year increase of 28.1%.

According to data from multiple research institutions, Xiaomi’s mobile phone shipments are now firmly in the top three, and there is only a 1% gap between Xiaomi and Apple. It is only one step away from surpassing Apple. At the same time, Xiaomi's performance is far away from the fourth place, and it is the first domestic product.

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