HTC releases strong May 2013 revenue numbers


After watching HTC struggle financially during the past couple years, we have news from them today showing a nice rebound during the month of May. Unaudited revenues rose to NT$29.0B ($969M USD), following up the month of April 2013 when unaudited revenues were NT$19.6B ($655M USD). That is a 48% increase month to month. To add some context, during the first quarter of 2013 revenues for HTC were only NT$42.8B ($1.43B USD), which means HTC has already generated more revenue in just two months of the second quarter than they did during the whole first quarter of the year.

During their last conference call, HTC indicated they expected sales to rebound to the NT$70B ($2.3B USD) range during the second quarter. If sales during June are able to just maintain the levels of May, they will exceed that figure handily as they are only NT$20.2B ($676M USD) off the mark after the first two months.

The results show just how important the HTC One was to the company and their financial viability. Questions now include whether the HTC One’s popularity can continue to produce brisk sales primarily against competition from the Samsung Galaxy S 4 and whether HTC can follow-up the success of the HTC One with another highly desirable device.

source: HTC

About the Author: Jeff Causey

Raised in North Carolina, Jeff Causey is a licensed CPA in North Carolina. Jeff's past Android devices include an HTC EVO, a Samsung Note II, an LG G3, and a Motorola Moto X Pure Edition along with a Samsung Galaxy Tablet 10.1. He currently uses a Samsung Galaxy S8 and (very rarely) a Nexus 7 (2013). He is also using a Verizon-branded Motorola Moto Z Play Droid supplied by his job. Jeff used to have a pair of Google Glass and a Moto 360 Sport in his stable of gadgets. Unfortunately, his kids have all drunk the Apple Kool-Aid and have i-devices. Life at home often includes demonstrations of the superiority of his Android based devices. In his free time, Jeff is active an active runner usually training for his next marathon, owns a MINI Cooper, and plays Dungeons & Dragons. Jeff has three mostly grown kids and a golden retriever.