HTC Reports January Sales Down 6 Percent Year-On-Year

by Rudy Rivapalacio on Feb 6th 2013, 12:03pm
tagged financials, HTC, sales

HTC_One_X+_TA_Back_HTC_Logo

Who said Android manufacturers didn’t deliver on their word? OK, maybe not always on software updates but HTC is living up to its promise of crappy sales. Earlier this week the Taiwanese giant announced it expected this quarter’s sales numbers to be down as much as 17% over the first quarter of 2012. It turned out January wasn’t quite so bad. HTC reported sales revenue of T$15.54 billion ($527 million US) for the first month of 2013. That figure is 5.9% less than the T$16.52 billion for January 2012. So yes, the M7 is big for HTC.

Source: UK Reuters

Things still looking down for HTC as revenues projected to tumble 17% in Q1

by Jeff Causey on Feb 4th 2013, 10:42am
tagged financials, HTC, m7, sales

Last week HTC threw a big party for employees to celebrate the start of a new year. CEO Peter Chou was excited to show off the HTC M7 for those in attendance. The big question that still continues to float out there for everyone is whether Chou’s confidence in HTC and their ability to turn things around in 2013 will materialize on the back of new devices or is it too little too late. The new year got off to a rocky start as HTC released new numbers for their first quarter sales projections, and the numbers are not good. HTC is projecting revenues to slip by as much as 17 percent compared to the fourth quarter of 2012.

Keep in mind the fourth quarter of 2012 was a terrible one for HTC, coming in as the lowest quarter of profit in eight years for the company. Their net sales of approximately $34.4 million USD represented a stunning drop of 91% compared to the prior year’s fourth quarter. The march to improved profitably during 2013 will begin in earnest next week when HTC has slated the likely unveiling of the M7 at an event in New York City.

source: The Next Web