Archive for the 'HTC quarterly report' Category

HTC quarterly report: Q3 profits soar 97%

Wednesday 6 October 2010 @ 9:45 am

You would think that after a while we’d get tired or reporting on HTC’s quarterly financials. If the numbers were flat, we’d most likely soon forget all about it, but HTC’s latest numbers for Q3 show that their new profits nearly doubled from last year during the same period. HTC is reporting $360 million in profits on $2.459 billion. It’s no secret that HTC’s Android phones have been wildly successful lately, but HTC even outperformed analyst’s expectations by nearly 50%. HTC is already gearing up for a great holiday season with the launch of the T-Mobile G2, new myTouch, Desire HD, and Desire Z.

Let’s also keep in mind that those handsets listed are only half of what HTC has planned for Q4. HTC is expected to unveil their complete Windows Phone 7 lineup within the next few weeks. So far, it looks like HTC is planning on launching between 3-4 WP7 phones before the end of the year, but we’ll have to see how it all plays out.

Source: Reuters

Comments Off | Posted in HTC, HTC Android, HTC WP7, HTC profits, HTC quarterly report, HTC revenue

HTC expects Android to drive 36% increase in sales for Q2

Thursday 29 April 2010 @ 9:46 am

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 the Android platform, HTC sales are expected to rise significantly in Q2 of 2010. HTC is expecting revenues of $1.6 billion in Q2, based on sales of 4.5 million handsets. Those numbers are significantly higher than the 3.3 million phones HTC sold in Q1. HTC’s CFO, Cheng Hui-ming the upward trend to the “growing popularity of the Android platform in Europe and the US”. It’s no secret that Android is HTC’s new OS of choice.

The HTC Incredible launched today on Verizon, and Sprint and T-Mobile are expected to launch flagship HTC Android handsets within the next month or two. We still do not know what HTC has planned for Windows Phone 7 later in the year, but we can be sure that the sales numbers from HTC will continue to trend upwards.

Source: Financial Times