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HTC’s revenue drops to a three-year low with the launch of the HTC One on the horizon
Saying that things aren’t going well for HTC would be a huge understatement. As the launch of the HTC One looms on the horizon, HTC has revealed that its revenue for the month of February came in at $380.4 million – the lowest number in three years. HTC’s revenue for February was 27 percent lower than…
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HTC’s revenue projected to increase 55 percent in Q2
This morning, HTC announced that they expect revenue for the second quarter of 2012 to increase by 55 percent over the first quarter of this year. HTC expects second quarter revenues to reach T$105 billion ($3.56 billion), beating analysts’ expectations by 3.5 percent. HTC isn’t giving any reason as to why they expect such a…
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HTC admits to mistakes with LTE devices as Q1 revenue projections get a downward revision
We’ve seen the recent slide in HTC’s profits and the company’s CFO, Winston Yung, believes he knows why sales numbers have not been meeting expectations. Yung admitted in today’s earnings call that HTC “dropped the ball” when it comes to its lineup of LTE devices. He continued to note that the LTE devices failed on…
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Thanks to Android, HTC nearly triples Q4 profits in 2010
Anyone claiming that it’s hard to make a profit off of Google’s open Android platform might want to check in with HTC and ask them how things are done. HTC’s latest numbers for Q4 of 2010 show that the smartphone manufacturer nearly tripled their profits over the previous year, pulling in $500 million. While those…
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HTC profits jump 33% in Q2
Samsung and Motorola may be HTC’s spot in global smartphone sale, but that doesn’t mean HTC will simply roll over and let the competition take over. HTC has just revealed their quarterly profits of $268 million on $1.88 billion in sales. Those numbers come in at 33 percent higher than the sale numbers reported for…