HTC: Q3 Profits Double Year-over-Year

It's always nice to see good work rewarded.

Oct 6 2010, 12:22pm CDT | by Robert Evans

Apple isn't the only company breaking records left and right. HTC has just reported their Q3 earnings (via Reuters) and they look to be on one hell of a roll.

HTC had $360 million in profits on $2.459 (T$11.1) billion in sales this quarter. Last year, their profits were roughly half that for Q3. Thomson Reuters estimated they would see T$8.7 billion in sales this quarter. This is exciting news for one of the world's true up-and-coming hardware developers, as well as for the Android. HTC has put a lot into making their Android line a success, and that has paid off well for both them, and Google's OS.

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Robert Evans
The excitement about new smartphones, tablets and anything mobile drive Robert to unearth the latest rumors and developments in this fast moving space. He adopted 4G as soon as it become available and knows where the mobile market is going.
Robert can be contacted directly at robert@i4u.com.