Feb 06 AT 8:42 AM Anthony Domanico 17 Comments

HTC’s Q4 2011 revenue of $3.48 Billion falls short of analyst projections, Q1 2012 projection revised downward


HTC is the latest company with Android ties to announce its fourth quarter 2011 earnings this morning. The Taiwanese handset maker pulled in 102.4 billion Taiwanese dollars (about $3.48 billion USD), with earnings per share (EPS) of 13.06 Taiwanese Dollars ($0.44). Analysts had expected revenue of 144.6 billion Taiwanese dollars, and EPS of 17.03.

HTC’s earnings numbers come after two quarters of stellar revenues, with the company taking in 135.82 billion Taiwanese dollars in Q3. HTC attributes it’s soft 4th quarter to a product cycle transition, as the handset maker is hard at work on new products and saw only a few new devices released in the quarter.

Things aren’t looking up for HTC in the immediate term, as HTC has announced its Q1 2012 projected revenue of 65 to 70 billion Taiwanese dollars, well below the near 90 billion analysts were expecting.

Still, HTC has made a name for themselves as a maker of high-quality Android devices, and have several new devices that should be announced at Mobile World Congress later this month in Barcelona. With all luck, HTC could be back to it’s money-raking ways come Q2.

Via: Engadget

Source: Cnet

Anthony loves all things technology, from hardware to apps and games. You can connect with him via Google+ or Twitter by clicking one of the fancy doo-dads above.

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  • http://keridel.blogspot.com keridel

    I think we all agree that HTC lost their way slightly in 2011 but they are by no means lost yet.

    i think we shall see some great offerings this year. and i for one am excited about it :)


    They would do a world of wonders when it comes to customer perception if they would update there exiting phones to ICS in a timely manner.

    • delinear

      100% this. The days where people bought a phone and it received maybe one update in its entire life are over. Spend a little of that $3.48b rolling out updates and I’m sure you’ll reap the benefits.

    • spazby

      amen to that

  • Sarah

    The quarter revenue decline is not good news for the company, but I think it is a new year for HTC. Given the recent news about how HTC will now be focusing on creating fewer, but better flagship phones rather than churning out many at a time, the company seems to be poised for a new direction.

    Mosaic Technology

  • AsakuraZero

    if they keep their word of more quality and less quantity the one who have to be worried is samsung not HTC

    • http://mihai.discuta-liber.com/ tmihai20

      That is one good point! I really hope HTC makes its comeback and shows its support by releasing ICS official updates for the smartphones they listed as eligible for an update (itchy fingers on my Evo 3D :D).

    • http://www.anthonydomanico.com Anthony Domanico

      I really, really need to get working on my editorial about this topic. ha

      • Gekko

        see my comment below for your premise and outline!

  • Gekko

    HTC is going to get RIMMed if they don’t start innovating again soon. 3D and Beats doesn’t count. don’t blame Android commoditization. if you innovate you will be successful – see Samsung. if you are lazy and stop innovating and ignore customers and lose focus you will die. over the last year – many of us have told HTC what they need to do to once again earn our business – but they play deaf and dumb and keep mindlessly spitting out the same tired and dated EVO-derivatives (including the upcoming the lackluster yawner “Ville”) with gimmicks and bloat. so be it. live by the sword and die by the sword. just don’t blame Android when you fail. i don’t want Android competitors to point to HTC’s failure and blame Android. if HTC fails it will be their own fault. HTC told us that they will focus on quality and offer “something special” and not quantity in 2012 but i don’t see it yet. these poor results are predictable.

    do you hear me Chou?

    • Hue Three of Five

      At least HTC make well built phones. I would say that 7 out of 10 Samsungs, have radio, gps and build quality issues. My friends and I have owned 5 different Samsung Android phones. All of them had very poor data connectivity and gps navigation, none of it was fixable with software updates and or rooting/modding/changing radios etc. Every HTC we have owned has had great connections and gps locking, not to mention superior build quality. I agree that HTC needs to do something a little different, and Sense kind of sucks now, but their phones all around work.

  • Hue Three of Five

    I found a way for HTC to improve it sales for next quarter. Hire this guy for all their commercials http://youtu.be/IFt6MyiVx54

  • Dude

    Android days are numbered,Steve Jobs dream coming true,the iphone is silently destroying android,HTC is gone,Motorola gone,Sony Ericsson gone, next on the list is Samsung.Unfortunately Steve Jobs isn’t alive to witness the android platform collapse.

  • dbareis

    Well I decided not to buy a new HTC phone based on the level of support I got from them and the fact that there probably still isn’t an OTA update for my older UAE DESIRE HD phone (had to find my own update and install it with zero help from HTC).

  • Hall Lo

    Didnt HTC say that they would focus on quality more than quantity this year? I m sure they can handle it well and push out some superb phones this year

  • bd1212

    HTC needs to partner with Google to release a Nexus device.

  • KC

    HTC charges premium prices for less-than-premium specs. This is their MAIN problem. We get crabby specs
    - lousy battery (usually all below 200mAH),
    - lousy RAM memory that won’t allow any upgrade to higher versions of Android (eg. HTC Desire)
    - comparatively poorer display quality (qHD),
    - slower OTA releases of ANDROID updates (unlike Asus)
    - bloatware (FaceBook, Twitter, Flickr, Plurk, Footprint,etc.). Hey, if we want any of these, we can download them ourselves.

    If they dun pucker-up, they’ll be losing out even to LG.