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HTC's Q1 2014 shows worse than expected unaudited results

The company has so far had $1.09 billion in revenues but there is a net loss after taxes of $62 million

8 Updates
HTC's Q1 2014 shows worse than expected unaudited results
 
 

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HTC's Q1 2014 shows worse than expected unaudited results

HTC has posted some performance results of the company for the first quarter and these are the unaudited reports which means that the view has some potential for being biased. But these results turned out to be worse than what the company had been expecting. The results dont seem to be in line with what the company's Q4 2013 performance showed; a revenue of $1.12-1.18 billion for the first quarter of this year. Though these unaudited results show $1.09 billion in revenues yet there is a net loss after taxes of $62 million.

An important thing to notice here is that these results dont include the HTC One (M8) which was launched close to the end of this quarter. But with the new HTC One in full swing, the company is hoping for better financial results because the returns from this flagship will soon start to whow up. One (M8) and Desire 816 are both available in the markets now and they have hit it off pretty well in the Chinese market in particular. From the company's forecast of having a net profit by the second quarter of this year, it is quite evident that the company is confident with its new releases.

source: htc

 

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Update: 8

HTC reignites the mid-market with 2014 HTC desire portfolio, now available in the UAE

Source: AME Info

HTC, a global leader in mobile innovation and design, has unveiled its new HTC Desire 816 – which comes with single and dual SIM cards – as part of its ambitious 2014 mid-range portfolio. The HTC Desire™ 816 distils elements of the internationally-acclaimed design DNA of HTC’s flagship HTC One® family, with a vibrant, modern […] ...
Source: AME Info   Full article at: AME Info 5 days ago, 6:42am CDT
 


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Update: 7

Alleged Schematic Shows iPhone 6 Coming with 1GB of RAM

Source: Mac Rumors

Apple's forthcoming iPhone 6 may sport 1 GB of RAM, according to a leaked schematic shared by Chinese Apple repair firm GeekBar (Google Translate, via G for Games). The chart is said to come from an internal supply chain source, however it is unknown if the schematic is intended for the 4.7-inch or 5.5-inch iPhone 6. If the chart is indeed legitimate, the iPhone 6 would join the iPhone 5, iPhone 5s, and iPhone 5c in sporting 1 GB of RAM. That amount of RAM would also be below competit ...
Source: Mac Rumors  Full article at: Mac Rumors 5 days ago, 5:45am CDT
 

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Update: 6

HTC One M8 European Variant Receives 2.22.401.5 Update with Improved GPS Performance

Source: IBTimes UK

HTC has released Android 4.4.3 2.10.720.1 firmware for One M8 in ...
Source: IBTimes UK   Full article at: IBTimes UK 6 days ago, 6:47am CDT
 

Update: 4

More images of the upcoming HTC Windows Phone appear online

Source: Cool Smart Phone

A few questions for you all this morning. Do you know what the HTC One M8 looks like? Do you know what Windows Phone 8.1 looks like? Can you imagine what the two combined look like? No well you in for treat now, as some high resolution images of the upcoming HTC One M8 with Windows Phone have appeared. As expected they look nice. The HTC One M8 will more than likely have the same spec as the Android version. Financially that makes sense fo ...
Source: Cool Smart Phone   Full article at: Cool Smart Phone 1 week ago, 3:01am CDT
 

Update: 3

Updated: Sony Xperia Z3 release date, news and rumors

Source: Tech.co.uk

Release date, price, display and designSony is serious about becoming a heavy weight smartphone player. While most companies are content with releasing one flagship each year, Sony has started bringing a new one out every six months or so.As the Sony Xperia Z2 hit shop shelves early this year we're already looking ahead to what Sony will launch next, namely the Sony Xperia Z3 (or we're guessing that's what it will be called anyway) and we might not ha ...
Source: Tech.co.uk   Full article at: Tech.co.uk Aug 15 2014, 8:52am CDT
 

Update: 2

Samsung Galaxy Alpha, Sony PlayStation TV, Alienware Alpha, Skully smart helmet: Gadget digest

Source: Fifth Gear

This week has seen some brilliantly cool gadgets, including the latest all-metal Samsung Galaxy Alpha smartphone. Throw in a couple of phablets, a smart motorcycle helmet and a Pi-powered camera, and there’s lots to catch up on. So read on for our weekly roundup, where we’re looking at the biggest and best stories of the week! Super-smart Smartphones! Samsung smartphones have always walked the walk when it comes to features, but they’ve generally lagged behind the very best when ...
Source: Fifth Gear   Full article at: Fifth Gear Aug 15 2014, 8:30am CDT
 

Update: 1

HTC unveils entry-level HTC Desire 516 and Desire 616

Source: AME Info

HTC, a global leader in mobile innovation and design, has unveiled two new entry-level handsets, designed to make life easier in numerous ways. The HTC Desire 516 and Desire 616 both offer high-quality 5-inch screens and powerful processing with dual-SIM support and excellent imaging capabilities at an affordable price, making them the idea ...
Source: AME Info   Full article at: AME Info Aug 14 2014, 7:47am CDT
 

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<a href="/latest_stories/all/all/32" rel="author">Ahmed Humayun</a>
Ahmed Humayun is a technology journalist bringing you the hottest tech stories of the day.

 

 

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