On May 19, Baidu (NASDAQ: BIDU) today released its unaudited results for the first quarter of fiscal year 2020 as of March 31. According to the report, Baidu's total revenue in the first quarter was 22.5 billion yuan, with a net profit of 41 million yuan. After the release of the earnings report, Baidu chairman and CEO Robin Li attended the earnings call conference. In response to the reporter's question about the liquidity potential of Baidu's smart device business, he said that the liquidity of the smart device business is similar to that of the mobile ecosystem, including the revenue from the sale of hardware equipment, the revenue from the purchase of services and advertising, and even the revenue from e-commerce.
The difference is that because these smart devices are household, it is easier for us to control the degree of realization. However, as the business is still in the early stage of development, the main concern is user experience.
Meanwhile, Robin Li revealed that the average time of watching Baidu users has exceeded 3 hours per day, far more than the average time of Baidu mobile phone. Therefore, we are very optimistic about the commercial realization potential of the company's smart devices. The company will continue to explore the application forms and research and development of home AI devices.
According to Baidu's financial report released today, in March, Xiaodu assistant had 3.3 billion voice interactions on Xiaodu's first-party device, nearly five times that of the same period last year. The total number of small assistant voice interactions reached 6.5 billion, nearly three times that of the same period last year.
Under the trend of year-on-year decline in smartphone shipments, China's smart speaker Market shipments reached 45.89 million in 2019, a year-on-year increase 109.7%. In addition, according to the research of IDC, Strategy Analytics and Canalys, the number of small screen smart speakers shipped in 2019 is the first in the world.
The difference is that because these smart devices are household, it is easier for us to control the degree of realization. However, as the business is still in the early stage of development, the main concern is user experience.
Meanwhile, Robin Li revealed that the average time of watching Baidu users has exceeded 3 hours per day, far more than the average time of Baidu mobile phone. Therefore, we are very optimistic about the commercial realization potential of the company's smart devices. The company will continue to explore the application forms and research and development of home AI devices.
According to Baidu's financial report released today, in March, Xiaodu assistant had 3.3 billion voice interactions on Xiaodu's first-party device, nearly five times that of the same period last year. The total number of small assistant voice interactions reached 6.5 billion, nearly three times that of the same period last year.
Under the trend of year-on-year decline in smartphone shipments, China's smart speaker Market shipments reached 45.89 million in 2019, a year-on-year increase 109.7%. In addition, according to the research of IDC, Strategy Analytics and Canalys, the number of small screen smart speakers shipped in 2019 is the first in the world.
