Opinion Articles

Friday, October 26, 2012

HTC quarterly figures show another drop in profit

HTC has announced quarterly revenue of NT$70.2 billion (£1.49 billion) and net profit of NT$3.9 billion. Profit was down 79% year-on-year, while revenue was down 48%.

China was described as a key driver of growth for HTC in Q3 2012, while the US market performed in line with expectations and the EMEA was ‘focused on developing brand consideration’.

Peter Chou, CEO of HTC, said “Our products, innovations, employees and partners are the cornerstones of our business. We greatly anticipate getting our latest design innovations into the hands of our customers - the inspiration for everything we do.”

Products due in Q4 include the company’s Windows Phone 8X and 8S devices, along with the HTC One X+ and a family of HTC One devices tailor-made for the Chinese market.

[Results presentation (pdf)]

Print
Author: The Fonecast
0 Comments
Rate this article:
No rating

Categories: Handsets and manufacturers, NewsNumber of views: 6144

Tags: htc china

Leave a comment

This form collects your name, email, IP address and content so that we can keep track of the comments placed on the website. For more info check our Privacy Policy and Terms Of Use where you will get more info on where, how and why we store your data.
Add comment

Follow thefonecast.com

Twitter @TheFonecast RSS podcast feed
Find us on Facebook Subscribe free via iTunes

Archive Calendar

«November 2024»
MonTueWedThuFriSatSun
28293031123
45678910
11121314151617
18192021222324
2526272829301
2345678

Archive

Terms Of Use | Privacy Statement