Analyst: Google’s hardware almost made $3 billion in profit for 2018

From Pixel phones to Home smart devices, the “Made by Google” program produced plenty of hardware over the last three years. It also produced approximately $3 billion in profit in 2018, according to estimates from RBC Capital Markets.

Out of the $2.98 billion in hardware profit that the bank estimated, $1.78 billion came from Pixel devices. Devices include the Pixel smartphones, Pixelbook, and Pixel Slate.

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It’s just about Christmas, and a lot of people are getting new devices to celebrate. Due to all the recent deals Google has been having recently, it’s very possible that this device is a Pixel …

More impressive is the growth that Google’s Home devices have reportedly had over the last three years. In 2016, Home devices reportedly brought in $49 million in profit. Fast forward to 2018, when profits reportedly jumped to $847 million.

That’s an increase of almost $800 million in just two years.

Lastly, Nest and Chromecast devices reportedly brought in $245 million and $110 million, respectively.

As good of a year as Google’s hardware division may have had, it’s poised to perform even better in 2019.

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RBC Capital Markets estimates that Google’s hardware will bring in $4.30 billion next year. Pixel devices are estimated to bring in $2.19 billion in profit, while Home devices might see a substantial jump to $1.64 billion in profit.

Growth is expected to slow down as we get to 2021, but the numbers still project some sort of growth over the next three years.

Revenues mostly tell a similar story. According to RBC Capital Markets, Pixel devices accounted for $3.42 billion in revenues for 2018. Home devices, meanwhile, accounted for $3.39 billion.

Starting next year, however, Home devices might overtake Pixel devices when it comes to revenues. That will remain the case through 2021, based on estimates.

Home devices have a lower barrier of entry relative to Pixel devices when it comes to pricing. That said, Pixel devices bring in more profit than Home devices because of those higher price tags.

Keep in mind that these are only unofficial estimates. That said, hardware is looking more and more like an important business arm for Google.

Source: Android Zone

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Holiday Deal: Mint Mobile offers 3 months of service for $20

This year for the holidays, Mint Mobile is offering 3 months of service for only $20. That’s $40 less than the normal price for this plan, which includes unlimited talk, unlimited text, and 5GB of LTE data.

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Okay, sure. What’s the fine print?

Actually, there’s not much! Here’s the full breakdown:

• This deal began on November 22 and is only here for a limited time — the deal ends January 1, 2019.
• If you decide that Mint isn’t for you at any point during your first week, then you can collect a full refund.
• Cannot combine this offer with any other offers.

No real strings or ‘gotchas.’ Straightforward, high-quality deals are kind of what we’ve come to expect from Mint.

So what exactly is Mint Mobile?

Mint Mobile is a T-Mobile MVNO (mobile virtual network operator). Basically, that just means it piggybacks off T-Mobile’s network and you can use any unlocked smartphone compatible with T-Mobile. Furthermore, if T-Mobile has solid coverage in your area, then you can expect the same coverage from Mint.

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There was a time when prepaid was a carrier status maintained almost exclusively by young people and often the ‘credit challenged’. After all, prepaid phone plans were generally less impressive than carrier plans with too …

Not sure if your phone is compatible with Mint? Click the Bring Your Own Phone link at the top of the page to find out!

What is particularly nice is that Mint Mobile is the only T-Mobile prepaid subsidiary that sells its plans in multiple-month batches.

If you decide to give Mint Mobile a try, you can click the link below to grab 3 months of service for $20. The deal will only be available until January 1, so don’t delay! 

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Up next: Get a free Samsung TV when you buy a Galaxy phone on T-Mobile

Source: Android Zone

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