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HTC posts Q2 profit of $247 million – revenue numbers come in right on target
HTC has released its unaudited earnings report for Q2 of 2012. As previously expected, operating revenues for Q2 came is at NT$91.0 billion ($3.04 billion in U.S. dollars) while profits came in at NT$7.4 billion ($247 million) – a 57.8 percent fall from the second quarter of 2011. While the decline in revenue and profits…
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U.S. Customs delay takes its toll – HTC cuts Q2 sales target by 13.3 percent
HTC can’t seem to catch a break these days. Back in April, HTC expected second quarter revenues to reach T$105 billion ($3.56 billion), beating analysts’ expectations by 3.5 percent. Unfortunately, slower than expected sales in Europe and the U.S. market has forced HTC to revise its earnings estimate for the second quarter, knocking down its projections to T$91…
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HTC expects Android to drive 36% increase in sales for Q2
We all know that HTC has never been in the same categories as the other big players in the handset market. Samsung, Nokia, LG, and all the other handset manufacturers churn through millions of phone per months, while HTC struggles to hit those same numbers in a quarter. But with the ever-increasing adoption rate of…