Google IO 2015 Coverage

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