[BUSINESS]■ STORY TIMELINE
SMARTPHONE REVENUE UP 7% AS PRICES SURGE
Global smartphone revenue grew 7% year-over-year in Q2, driven by a 17% increase in average device selling prices that reached $400. Apple captured nearly half of all revenue despite a broader industry shift toward premium pricing.
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Vlad Savov / Bloomberg: Counterpoint: Q2 global smartphone revenue rose 7% YoY, and average device selling price rose 17…
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Emma Roth / The Verge: Pavel Durov says an extortionist planted “illegal porn in a public chat” to get the app pulled fr…