Xiaomi sold 220,000 Redmi K60 Ultra smartphones in 5 minutes and earned a minimum of $79.2 million

Earlier this week, Xiaomi announced Redmi K60 Ultra smartphone. Two days later, it went on sale in China. Few doubted the popularity of the novelty.

Here's What We Know

Redmi K60 Ultra is equipped with one of the world's most powerful Dimensity 9200+ processors and has IP68 protection. The top modification of the smartphone received 24 GB of RAM and 1 TB of storage.

The Redmi K60 Ultra has been priced at $360-500. Xiaomi stated that it managed to sell 220,000 smartphones in just 5 minutes. This means that the company's revenue was between $79.2 million and $110 million.

Also, the Xiaomi MIX Fold 3 bendable smartphone started selling today. It too was announced two days ago and priced between $1240 and $1515. The company did not disclose the sales volume, but said that the new generation model is selling 2.25 times better than the MIX Fold 2. By the way, it is already known that the MIX Fold 3 will not be available officially outside of China.