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Morgan Stanley: Pixel Phone Will Generate Google Almost $4 Billion In Revenue Next Year (9to5google.com) 66

An anonymous reader quotes a report from 9to5Google: With initial Pixel pre-orders exceeding expectations and promising activation numbers from Verizon, Google is on track to sell three million phones with revenues of $2 billion in 2016. The Morgan Stanley estimate comes as the Pixel reportedly captured 10% of the premium smartphone market in India. Unsurprisingly, the 128GB Pixel XL has the largest gross profit margin at 25%, while the cheapest 32GB Pixel is at 22%. Morgan Stanley also estimates that, compared to the iPhone, the Pixel will be half as profitable. Morgan Stanley expects Google to sell 5-6 million Pixel and Pixel XL devices in 2017 to the tune of $3.8 billion in revenue. Google is also expected to make money from increased usage of services like Android Pay and mobile search. Google's big gains were possibly due in part to Samsung's Note 7 debacle, with the company's marketshare falling to 23%. Apple captured the number one position at 66%. Additionally, Google benefitted from running a number of promotions, including cashback and exchange programs. The company also heavily advertised in newspapers, with billboards, and for the first time displays in large retail stores.
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Morgan Stanley: Pixel Phone Will Generate Google Almost $4 Billion In Revenue Next Year

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  • by BulletMagnet ( 600525 ) on Monday November 28, 2016 @08:23PM (#53381817)

    Wonder what that final number would have been had they released it across all carriers and not just Verizon....

    • Re: (Score:2, Interesting)

      by Anonymous Coward

      It's not Verizon only. Their advertising is very misleading. I do wonder, though, if they would have sold more if fewer people were mislead about that.

  • Hmmm... (Score:4, Interesting)

    by Actually, I do RTFA ( 1058596 ) on Monday November 28, 2016 @08:32PM (#53381859)

    Seems a bit early to speculate. Tons of preorders may be good, or may cause the whole thing to disappear if it fails to live up to expectations.

  • Hopefully with those numbers they can fix the bluetooth problems. Sigh...

  • I don't consider Samsung phones "premium" because their UI is a downgrade from stock Android, and their innovation mostly consists of useless hardware gimmicks.

    Looks good, just not $800 good---which is what I say about most premium products.

  • Does it have a headset jack?

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