HTC Said The New One Would Help Swing A Profit, And It Did

Posted: Jul 3 2014, 3:34pm CDT | by , in News | Other Stuff

 

HTC said the new One would help swing a profit, and it did
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The company scored a NT$2.8 billion profit ($92 million) on NT$65 billion ($2.2 billion) in revenue

The financials coming out of HTC for their last quarter were quite disappointing but the company remained positive and was quite confident in its newly launched HTC One M8. They claimed that they were pretty much confident that their latest flagship smartphone, a predecessor for the HTC One, would cover up for all their losses. And to everyone’s surprise, the HTC One M8 released with a bang and received tons of great reviews for its performance and design. We have got the unaudited numbers now and they show the boast which HTC just promised.

HTC has NT$2.8 billion in its profits and a whopping NT$65 billion in revenue which is close to the sales amount of last year and this has quite clearly covered up for last quarter’s losses. Though we agree that it is a far cry from the Samsung world but it is still a pretty good effort and certainly a great news for the company. After seeing the success of the HTC One M8, the company decided to go for the cheaper plastic version as well which is known as the HTC M8 Ace and also a cut down version called HTC mini.

source: media.corporate

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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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