Fourth quarter numbers are in for HTC, but things arn’t as good as we had hoped. With stronger than forecast sales of the T-Mobile G1, we had expected HTC to post a very strong Q4, but analysts and the numbers chose not to agree with us. Analysts had predicted NT$7.78 billion in earnings for Q4, but HTC was able to beat those numbers by posting NT$8.14 billion in profits, net profit fell 19% from a year earlier. Revenue for the year rose 29% to NT$152.56 billion from NT$118.58 billion. HTC attributed the weak Q4 to a change in accounting practices and a new law that went info effect early last year which requited them to adjust employee bonuses every quarter. HTC said their net profit for Q4 would have been NT$9.81 without these adjustments.
The one thing to note in all this is that HTC finished the year with a 29% increase in revenue. We don’t have details on all their handset sale figures, but we know that the HTC G1, Diamond, and Touch Pro variants have sold really well. HTC is planning on ramping up production of several new phones over the next few months and I’d imagine they will launch 2-3 Android powered handsets in 2009. Lets just hope the numbers for 2009 turn out just as good.
For those of you who missed it, the OHA added 14 new members to their list yesterday. Sorry if we didn’t post the story, but there was no significant HTC news in there. However, today’s news is much different. The largest player to be added to the OHA yesterday was our good friends over at SONY who today have announced their official plans to bring to market some higher end Android powered phones, eventually followed by handsets for the mass market. This past year, HTC and SONY have been working pretty close to bring the Xperia X1 to the masses. Could HTC’s experience with the G1 lead to another partnership between the two companies?
That’s not all. A seperate article indicated that HTC is planning on bringing one of more Android phones to the market by the summer of 2009. This would fall in line with HTC’s typical product launched in late May which we have seen over the past few years. As of right now, we can only hope that HTC brings some design innovation to the table since I’m sure we have all heard our fair share of complaints about the G1. I wouldn’t expect to see any of these devices show up at CES next month, but I’m sure there will be a lot of companies showing off their ideas of what their Android handsets may look like.
Thanks to Engadget for the news
HTC has received a lot of good press this year with the release of their new line of Windows Mobile phones, all based on the HTC touch Diamond. What’s the best way to repeat the same success with future handsets? Simple, just buy the design firm that designed the HTC Diamond’s facetted design. HTC is hoping that this new move will allow the ONE & CO team to "have the opportunity to work hands on with development of HTC’s upcoming mobile devices while remaining a consultancy. " ONE & CO has a great history of designing innovative products for the likes of Microsoft, SONY, Gateway, Nike, and other top electronics firms.
With ONE & CO working side by side with HTC on future handsets, we can expect to see some amazing designs in the coming years. Lets just hope that HTC uses ONE & CO’s talents to bring a fresh new design to HTC’s Android powered handsets some time soon.
I’ve posted the full press release after the break. Be sure to check it out.
HTC has just released their sales numbers for the month of October. HTC’s revenues grew 22.4% in October, mostly due to sales of the T-Mobile G1. Year to date, HTC has increased sales 30.8% over 2007. HTC is expecting that their Q4 sales will be strong as well, relying on the Touch HD, and Touch 3G hitting the market.
HTC has just announced plans to re-purchase nearly 10 million of their common shares from the stock market. HTC stated that the reason for this decision is simply to reduce capital. We can’t help but wonder if the volatility in the world wide stock market has anything to do with their decision. Thousands of companies have been hit hard with steep stock price declines. HTC’s stock buy back represents nearly 1.32 percent of all HTC stock on the open markets. Buy reducing the stocks, HTC stock price will be less volatile to huge price swings as the global economy tried to recover.
HTC Source has decided to put together a list of release dates which highlights any upcoming HTC devices. We’re hoping that putting all this information in one spot will help you keep track of your favotir phones. If you happen to notice an error or see that we’re missing a adte or two, please leave us a comment below or send an e-mail to nick at htcsource dot com
|Q4, 2008||Touch 3G||N/A||Europe|
|Q4, 2008||Fuze (Touch Pro)||At&t||USA|
|November 6. 2008||Touch HD||N/A||Europe|
|October 22, 2008||G1||T-Mobile||USA|
|October 15, 2008||Shadow II||T-Mobile||USA|
|October 3, 2008||Touch Pro||Telus||Canada|
|September 27, 2008||Touch Dual||Telus||Canada|
Many of you have already seen the official press shot of the HTC Touch Diamond's cradle. Now a few more details have surfaced. thew cradle will alow you to sync and charge your Touch Diamond through mini usb while you listen to your music. No the cradle does not have its own speakers like those other iPhone and iPod docks do, but it does feature a 3.5MM back which will allow you to connect it to your home media system. For $50, the dock will be launching at the same time as the Touch Diamond. This is exciting simply because HTC has never really has an accessory category for their phones over the years. Lets just home this will spark interest from other companies to add on to the line and give us some amazing accessories that will be worthy of the Diamond's design.
The HTC Touch Diamond release date is set for June along with price of $772