Menu
Matt Damon is Jason Bourne Again

Matt Damon is Jason Bourne Again

Galaxy Note 4 Screen is the World's Best

Galaxy Note 4 Screen is the World's Best

Iggy Azalea Sex Tape Controversy Heats Up

Iggy Azalea Sex Tape Controversy Heats Up

Paris Hilton just bought the Cutest and Smallest Dog

Paris Hilton just bought the Cutest and Smallest Dog

Kim Kardashian Flames Media about Kanye West Attack

Kim Kardashian Flames Media about Kanye West Attack

HTC Profit Goes Down 83% from Last Year in Q2

Jul 5 2013, 8:10am CDT | by

HTC sales experience a huge slump. The earnings report of Q2 2013 shows that its profit falls down by 83% from last year. But as compared to Q1 2013, HTC profit increases.

HTC Profit Goes Down 83% from Last Year in Q2
 
 

YouTube Videos Comments

Full Story

HTC Profit Goes Down 83% from Last Year in Q2

HTC Profit Goes Down 83% from Last Year in Q2

HTC sales are really suffering these days. Despite of launching its new flagship of HTC One, the Taiwanese smartphone manufacturer is still facing a huge profit slump. The company has just announced its second quarter unaudited earnings report for 2013.  These results are really bad as compared to its last year Q2 earnings. HTC profit goes down 83% from last year.

HTC made total revenue of NT$70.7 billion/ $2.35 billion in three months of second quarter. But the profits are just NT$1.25 billion/ $41.63 million. This is really below what analysts estimated as they expected it to be NT$2.0 billion. But in second quarter of last year, HTC revenue is NT$91.04 billion/ $3 billion which has NT$7.40 billion/ $246 million profit.

But these results are far much better than the previous quarter of current year. HTC profit in first quarter of 2013 sees a record down fall. HTC One and colorful Butterfly range smartphones saw very good sales in Q2. This increases company profits in Q2. Earning results also show a slight upward trend in revenues month by month. As from April to May 2013, it rises from 23% to 48% respectively. The company is also hoping more from HTC One whose sales is now around 5 million units. HTC One has earned $70 million profit till now. The company is hoping more from it. All the company hopes to earn good profits are now relying on HTC One sales.

Image Credit: Getty Images

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/20" rel="author">Sumayah Aamir</a>
Sumayah Aamir (Google+) has deep experience in analyzing the latest trends.

 

 

Comments

blog comments powered by Disqus

Latest stories

Apple Watch&#039;s Force Touch spells Future of iPhone and iPad
Apple Watch's Force Touch spells Future of iPhone and iPad
The Apple Watch is packed with innovation and features. Digital Crown and the Taptic engine have been talked a lot about. The new Force Touch capability is possibly even more powerful on the iPhone 7 and iPad Air 3.
 
 
George Clooney will get the Cecil B. DeMille Award at the Golden Globes 2015
George Clooney will get the Cecil B. DeMille Award at the Golden Globes 2015
Golden Globes 2015 news: Four-time Golden Globe Award-winner George Clooney will be honored with the 2015 Cecil B. DeMille Award at the 72nd Annual Golden Globe® Awards on Sunday, January 11, 2015.
 
 
New iPhones sold in Record Amounts in a Single Day
New iPhones sold in Record New Amounts
The new iPhones from Apple, iPhone 6 and iPhone 6 Plus, sold in record amounts as regard their pre-orders in the span of a single day.
 
 
Cara Delevingne wears no Bra at Burberry Show
Cara Delevingne wears no Bra at Burberry Show
Cara Delevingne attended the Burberry Fashion show in London. She did not walk the runway, but stunned in a very sexy suit that gave deep insights.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.