HTC Posts Its Lowest Profit Since 2004; Tough Time Continues!
By on January 7th, 2013

Today, HTC released its unaudited Q4, 2012 financial results and things are still looking bleak for the company. HTC was expected to make a comeback in the Q4 of last year thanks to the strong sales of the DROID DNA and the HTC Butterfly in Japan.

Instead, the company posted its lowest profit ever since 2004 indicating its inability to come up with impressive and “hero” devices since the last two years. For the fourth quarter, HTC’s net  income was NT$1 billion, its lowest since 2004. Revenues also dropped to a mere NT$60 billion, again its lowest in the last 11 quarters.

Loyal HTC users and analysts expect HTC to bounce back in 2013 with the launch of some terrific hero devices including the M7, which is going to be based on the DROID DNA/J Butterfly. The HTC J Butterfly also posted some strong sales figure towards the end of December in Japan, which should help its Q1, 2013 financial figures.

Via – HTC

Tags: , , ,
Author: Rajesh Pandey Google Profile for Rajesh Pandey
Rajesh is a 19 year old nerd, currently pursuing B.Com Hons from Bhawanipore college in Kolkata, India. He loves everything tech, especially Android. You can follow him on twitter @ePandu or mail to him at rajesh@techie-buzz.com.

Rajesh Pandey has written and can be contacted at rajesh@techie-buzz.com.

Leave a Reply

Name (required)

Website (optional)

 
 
Copyright 2006-2012 Techie Buzz. All Rights Reserved. Our content may not be reproduced on other websites. Content Delivery by MaxCDN