Jul 06 AT 9:47 AM Nick Gray 3 Comments

HTC posts record profits in Q2… again

For the third straight quarter, HTC’s revenue has surpassed analysts’ estimates. Revenue for the second quarter reached  NT$124.4 billion while net income came in at NT$17.5 billion ($608 million), more than double what HTC posted last year for the same quarter.  Sales of HTC’s Android phones are credited for the staggering growth numbers with phones like the HTC Desire HD, Thunderbolt and Sensation leading the charge.  HTC did not reveal how many handsets were actually shipped in Q2, but they did disclose that they exceeded their target of 11 million units.

According to the analysts, HTC is expected to post record breaking numbers again in Q3.  With HTC pulling in record numbers on a quarterly basis, we’re having a hard time understanding why Motorola continues to have issues posting positive numbers.  What’s it going to take for Motorola to turn things around and get some black ink on the books?

Source: Business Week

Nick is a tech enthusiast who has a soft spot for HTC and its devices. He started HTCsource.com (the first HTC blog) back in 2007 and later joined the Android and Me family in the summer of 2010.

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