Seriously, what is with all these consumer tech companies? All of them seem to be doing extremely well; at least that’s the impression I get when I check their quarterly results. All the major tech companies – Apple, Google, Microsoft, Amazon and Samsung – which posted their Q2 2011 results in the last week have had record quarters with huge revenue growth.
Today, HTC did the exact same thing. Its Q2 2011 results have surpassed expectations, with net profits of NT$17.52 billion, up 102.9% year over year. It sold 12.1 million units in Q2, which is 123.7% higher than sales in the second quarter of 2010.
It shipped many new products in Q2, including the HTC Sensation, EVO 3D, Wildfire S, ChaCha, Salsa and the Flyer.
“Consumer reactions to our awardâ€winning designs have driven us to another recordâ€breaking quarter, said Peter Chou, CEO of HTC. “Our teams work so hard to create each individual
experience on the device, and it is gratifying for all of us to see them embraced at the volume levels
we are consistently reporting across the globe.”
HTC expects to ship about 13.5 million devices in the next quarter. It is currently the second most popular Android device manufacturer worldwide, after Samsung. In the U.S. smartphone market, it has a 20% overall share, second only to Apple, which has a 28% share with the iPhone.
Check out HTC’s Q2 2011 Results here.