The numbers are in. HTC managed to close out Q4 with a net profit of $10.3 million. While lower than the projected profits of $24.3 million, we’re sure HTC’s executive team is breathing a sigh of relief that the company remained profitable in 2013. HTC’s bottom line in Q4 was helped by the sale of the ... Read More »
Tagged #HTC profits
Those who have been following HTC for a few years will easily recognize the name Peter Chou. As HTC’s CEO, Chou is known as a charismatic leader who mushed HTC to the forefront of the smartphone industry. Chou’s quick decision making and “obsessive eye for materials and hardware design” allowed HTC to be extremely ... Read More »
HTC has released its audited earnings report for Q3, confirming the numbers it initially released several weeks ago. While HTC managed to rake in NT$3.9 billion ($133 million) in net income on NT$70.2 billion ($2.4 billion) in revenue, the numbers represent a 79% drop in profits and a 48% drop in revenue when compared to ... Read More »
Most Tweeted This Week
HTC’s numbers for the third quarter have just rolled in, revealing yet another loss for the smartphone maker. The company posted $2.397 billion (NT$70.2 billion) in revenue with $133 million (NT$3.9 billion) net income after taxes. This was a substantial drop from the $3 billion (NT$91.04 billion) in revenue and $247 million (NT$7.40 billion) net income Read More »
A Chinese industry supply chain source claims that HTC is looking to reduce the prices on its upcoming lineup of Android and Windows Phone 8 powered devices. HTC has struggled to keep up with Samsung and Apple and compete directly on features, and the company believes that reducing the price point of upcoming handsets may ... Read More »
The best way to know which handset manufacturers are selling devices like hotcakes is by taking a quick look at their books. HTC and Samsung are the two largest players in the Android world, so its nice when things line up and we get to see their quarterly revenue estimates at the same time.
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 ... Read More »
You would think that after a while we’d get tired of reporting on HTC’s quarterly financials. If the numbers were flat, we’d most likely forget all about then, but HTC’s latest numbers for Q3 show that their profits nearly doubled from last year during the same period.
HTC is reporting $360 million in profits on $2.459 ... Read More »