Saturday, July 7, 2012

HTC releases unaudited report for Q2, revenue down by over a half

HTC releases unaudited report for Q2, revenue down by over a half

It has not been a very good quarter for HTC - in Europe, the financial crisis meant lower demand, while in the US the patent battle with Apple meant delayed shipments, both of which hurt HTCÂ's performance. HTC has yet to release the full report, but the unaudited numbers (PDF) show that the companyÂ's predictions from Q1 of revenue climbing back to 2011 levels did not come true. The companyÂ's revenue for Q2 was $3 billion and the net profit reached $247.7 million.

GSM Arena , HTC releases unaudited report for Q2, revenue down by over a half, HTC releases unaudited report for Q2, revenue down by over a half

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