The company's revenue was up 40 percent and its mobile revenue was up a whopping 448 percent. Alibaba's profit, however, dipped 28 percent to $964 million.
Next Big Thing
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The Hurun Research Institute says iPhones and other Apple gadgets are the most popular gifts among China's wealthy, beating out luxury brands like Louis Vuitton and Chanel.
By bringing gaming, music and video under the Playstation brand, Sony positions itself to compete with streaming services like Netflix and Google Play.
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That gave Google's mobile operating system 81 percent of the worldwide market in 2014, compared with 15 percent for Apple's iOS.