And it goes a little something like this.
The bods behind the Guinness World Records has awarded Xiaomi a certificate for the "most mobile phones sold on a single online platform in 24 hours." The Chinese electronics giant holds an annual Mi Fan Festival on the anniversary of its founding, and flings discounts at its fans to chivvy them along. This year, on April 8, …
These are all Android handsets, so the beast from Redmond wants a bite to keep its only relevant contribution to mobile alive. Yet this is a Chinese company, where patents and copyright are all as la-la as common sense is to a Texan attorney.
May we live in interesting times!
No extortion tax is due. In fact, extortion tax is never due: by definition. It is extorted by menaces. Companies with significant interests in USA feel compelled to pay up for fear of being hauled into Texas for ritual public mugging by a mob of flag waving xenophobic plebs. Xiaomi (some may say wisely) has ignored the US and seems to be doing perfectly well, thank you. Still PLENTY of room to expand in Asia alone, then there are the the as yet unserviced markets of Europe, S. America, Canada, Mexico, Africa... Why piss about with the US?
Oooh look, a comment that takes an article about mobile and then uses a point completely irrelevant to the actual context of the article as a vehicle to post oh-so-predictable opinions about an organisation that the poster of said comment has a grudge against that was not even mentioned in said article.
All that's missing is a capitalised "wah wah wah fail" closing line and I would have said this was classic Eadon (before he lost the plot completely).
Back under your bridge...
Yes this is a Chinese company, headquartered in China, manufacturing in China, and selling in China. How many of Microsoft's American software patents are applicable, do you think?
You do know that Microsoft would have had to apply to the Chinese patent office and get a Chinese patent granted in order to have any case against Xiaomi don't you?
Or do you think that American patents apply worldwide, even to companies which don't do any business with the USA?
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AWFUL puns aside, now that Samsung has ditched expandable storage and replaceable batteries, the 2 features I loved most about my former S3 and current S5, I'm REALLY hoping Xiaomi will expand online sales to Oceania. Specifically, Aotearoa, so that impecunious Upworlders can get phones with good spec.s at even better prices.
Phone manufacturer servicing largest single consumer base records largest one-day sales. Cool.
Why is there even a category for this? Not that it's the silliest category, but sometimes I wonder why anyone bothers at all. After all, with the massive number of overly specific 'records' that are awarded, it seems that all you have to do is figure out something weird enough and get planning.
World's largest no-smoking sign? Most snails on your face?
Apple reports sales, not shipments. When an OEM ships phones to carriers and stores that don't sell, the unsold ones are eventually returned. That mucks up the numbers for unpopular phones no one wants. That's not true of either Apple or Xiaomi, unless you think EE bought millions of iPhones they couldn't sell and ended up returning them to Apple or putting them in a landfill.
When Apple reports their sales, profit etc. in their quarterly filings they are required by law to be truthful. If they lie there, the executives can be personally sued by investors for making false statements. Such liability could easily be in the billions since it wouldn't take much movement in Apple's stock price if lies were discovered to cost that much.
It is only in the wishful thinking of an Apple hater that Apple's figures aren't real. You hate Apple and the iPhone, don't understand why anyone should buy one, so you assume the numbers must be manufactured.
If nothing, the global financial crisis demonstrated how much shite we had been fed, during the good times ...
1) That it's not possible to have asymmetric interest rates. Before 2008, the clarion call of UK business was that the strength of the pound was hurting exports. Cue a parade of financial experts telling us that the only interest rate that mattered was the BoE one, and it wasn't possible to have a separate one for special cases.
(Looks at BoE rate as of 10/4/2015 - 0.5%. Looks at mortage statement - 3.99%).
So that's that myth busted then
2) That credit ratings are sacred texts, that are never wrong. Cue various US and UK outfits going bust despite triple-A ratings. Clearly the ratings agencies opinions aren't very reliable.
Oh, look, Gideon tells us how important these rating agencies opinions are. Do me a favour ....
'The bods behind the Guinness World Records has awarded Xiaomi one of its certificates for selling the most mobile phones within a single day.'
If you look at the certificate it actually reads 'Most mobile phones sold on a single online platform in 24 hours' therefore where you say '..mostly to online buyers' should probably read '..all to online buyers' and the quoted sentence above needs qualifying too.
I used to expect better from El Reg but this appears to be a(nother) not-really-news worthy event spun into an attempt to start a comment war which is probably good for your advertising revenue eh?