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HTC quarterly report: Q3 profits soar 97%

You would think that after a while we’d get tired or reporting on HTC’s quarterly financials.  If the numbers were flat, we’d most likely soon forget all about it, but HTC’s latest numbers for Q3 show that their new profits nearly doubled from last year during the same period.  HTC is reporting $360 million in profits on $2.459 billion.  It’s no secret that HTC’s Android phones have been wildly successful lately, but HTC even outperformed analyst’s expectations by nearly 50%.  HTC is already gearing up for a great holiday season with the launch of the T-Mobile G2, new myTouch, Desire HD, and Desire Z.

Let’s also keep in mind that those handsets listed are only half of what HTC has planned for Q4.  HTC is expected to unveil their complete Windows Phone 7 lineup within the next few weeks.  So far, it looks like HTC is planning on launching between 3-4 WP7 phones before the end of the year, but we’ll have to see how it all plays out. 

Source: Reuters

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