HTC profits fell to a new low in Q1 of 2013. The latest HTC earnings report shows that the company’s total revenues reached NT$42.8 billion with net income after tax shrinking to NT$85 million ($2.8 million USD), a 98.3% decline in profits from the $173 million which the company reported for Q1 of 2012.
HTC’s earning’s for Q1 were ... 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 »
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.
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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 »