HTC Logo
HTC today announced September and Q3 2012 numbers, and there’s nothing good about them. Sales dropped by 12% in a month, 23% in 3 months, and 48% in a year. Profits are down 47% in 3 months and down by 78% in a year.
Digging a bit deeper, September sales came in at $NT 21.1B ($721 million) compared to NT$24B in August. Full quarter revenues were NT$ 70.2B ($2.4B), after tax profits – $NT3.9B ($137M). This compares to revenue of 135.8B NT$ ($4.6B)/$NT18.7B ($639M) in profits a year ago, and $NT91B ($3.1B)/$NT7.4B ($252M) in June quarter.
This continued decline is mainly caused by the weakened Android sales, and competition of other platforms. Samsung’s dominance over Android, Apple’s iPhone 5 and Nokia’s recent success withWindows Phone doesn’t sound like a great deal for HTC.
Do you think the company will be able to recover? It appears that HTC isn’t appealing in any of the larger smartphone manufacturers.
Read more: viaLike this post? Like us on Facebook to see when a new post is published.
