Boxden hiphop sports wild'ish games movies news eyecandy tech gear rides
trending now most viewers #top20 top yesterday all sections videos pics tracks headlines

Not Even The HTC One Can Save HTC, Revenue Drops $600 Million Year-To-Year

most watched this minute | see more
most viewed right now
136 viewing
 NBA James Harden spotted at Drake concert the night before an elimination game
88 comments
most viewed right now
129 viewing
 Video inside Godfather 50 Blows Rick Ross A Kiss
41 comments

top in section
61 viewing
 Video inside I guarantee you will laugh
top in wild'ish
top in section
30 viewing
 Image inside 2015 Penny "Sharpie" Pack
top in gear

people viewing this topic:   (0 members and 1 guests)  
 
 

let em know » Share this on TwitterShare this on Facebook
 Not Even The HTC One Can Save HTC, Revenue Drops $600 Million Year-To-Year
Unread 2 years agoclass of '07 - away - #1
1736 pageviews
27 comments


CPTryder1536 64 heat pts64 space
avatar space
Senior Member
space
$772 | POWERFUL
image

By Stephen Schenck | July 5, 2013 10:58 AM

The eyes of the mobile industry have been on HTC this year as the company launched the One, waiting to see if sales of the flagship could help turn around the company’s slumping performance. While initial sales seemed positive, more recently we’ve been hearing doubt cast on the HTC’s chances for fully reversing its trajectory. Those fears may have been quite prescient, as HTC has now released second quarter figures that fall seriously short of expectations.

In the second quarter of 2013, HTC saw profits of $41.6 million, while analysts were expecting the company to report a figure closer to $70 million.

And sure enough, blame is being placed on June sales. As predicted, the One failed to maintain its momentum from May, and monthly revenues dropped nearly 24%.

HTC has plenty of interesting hardware nearing launch – both the One Mini and One Max should earn the company some due attention – but we’ve got to wonder, if not even the One itself is enough to bring HTC back from the brink, is there any real hope for these two?

Source: The Wall Street Journal
Via: TechCrunch

HTC’s latest profits fall short of expectations | Pocketnow
Reply With Quote
Props given to CPTryder1536 hot topic  (07-05-2013)

27 comments for "HTC’s latest profits fall short of expectations"

- To post a comment, join the squad -


Unread 2 years agoclass of '07 - away - #2
Jago 545 heat pts545 space
avatar space
Senior Member
space
$2,536 | POWERFUL
Not Even The HTC One Can Save HTC, Revenue Drops $600 Million Year-To-Year



Taiwanese HTC released today unaudited results for Q2 2013, and while the results are an improvement over figures for Q1, they continue to indicate that the troubled company is a long way from financial recovery.

According to the statement, total revenue for the second quarter reached $2.4bn, a sizable increase from the $1.4bn in Q1. Of that, net income after tax came in at a meager $41.6m, an improvement over Q1's underwhelming $2.8m.

Regardless of its comparatively miniscule scale, this clearly is an improvement, right?. Not quite. When compared with on year numbers, the prospects of HTC are looking far less rosy, especially if you consider the seemingly small dent the manufacturer made with a solid offering in the form of the HTC One and the HTC Butterfly range. To put this into numbers, year-on-year revenue has dropped $600m, net income after tax has nearly evaporated from $297m down to the aforementioned $41.6m – that's an 83% drop!

With new devices already at the end of the production pipeline, we'd expect that HTC still hasn't completely lost the year. Unfortunately, analysts disagree:

"HTC may have new products in Q3, but competition from Apple and other Chinese brands are fierce," Taipei-based analyst Peter Liao commented. "It'll be hard to keep the growth."

Goldman Sachs analyst, Michael Shieh, also commented:

"The big drop on June sales likely proves the HTC One sales momentum slowdown and 3Q may be only flattish as is the market expectation."
Reply With Quote
Unread 2 years agoclass of '08 - away - #3
King Jackson 71 heat pts71 space
avatar space
XBL - Im King Jackson
space
$4,484 | POWERFUL
Reply With Quote
Unread 2 years agoclass of '04 - away - #4
fat_boyy21 268 heat pts268 space
avatar space
Senior Member
space
$8,393 | POWERFUL
keep falling htc .... so that google can scoop you up
Reply With Quote
Unread 2 years agoclass of '05 - away - #5
Y.G. 22 heat pts22 space
avatar space
Senior Member
space
$30,181 | POWERFUL

Reply With Quote
Unread 2 years agoclass of '06 - away - #6
Special Edd 93 heat pts93 space
avatar space
YAY YAY YAYYY
space
$17,768 | POWERFUL
fu*k YG............



YALL FELL SHORT BECAUSE OF NON REMOVABLE BATTER AND NO SD SLOT YOU DAMN c*ntS!

BUTTERFLY S COME TO ME... nvm ill just get an iphone...
Reply With Quote
Unread 2 years agoclass of '07 - away - #7
CPTryder1536 64 heat pts64 space
avatar space
Senior Member
space
$772 | POWERFUL
Sales of HTC’s new flagship phone helped the struggling smartphone maker’s revenues rise more than 60 per cent from the previous quarter, though its profits still lagged behind expectations.
Reply With Quote
Unread 2 years agoclass of '05 - away - #8
Y.G. 22 heat pts22 space
avatar space
Senior Member
space
$30,181 | POWERFUL
Special Edd said:
fu*k YG............



YALL FELL SHORT BECAUSE OF NON REMOVABLE BATTER AND NO SD SLOT YOU DAMN c*ntS!

BUTTERFLY S COME TO ME... nvm ill just get an iphone...
Fock you. HTC lost, ya bish.


Reply With Quote
Unread 2 years agoclass of '05 - on now - #9
P-Hill|M 20 heat pts20 space
avatar space
Tsumuji Loops
space
$28,834 | POWERFUL
Y.G. said:
Fock you. HTC lost, ya bish.


Reply With Quote
Unread 2 years agoclass of '12 - away - #10
ThePainkiller 306 heat pts306 space
avatar space
This is the Pain k!ller
space
$55,750 | POWERFUL
Y.G. said:
Fock you. HTC lost, ya bish.


Reply With Quote
Unread 2 years agoclass of '04 - away - #11
fat_boyy21 268 heat pts268 space
avatar space
Senior Member
space
$8,393 | POWERFUL
Y.G. said:
Fock you. HTC lost, ya bish.






Reply With Quote
Unread 2 years agoclass of '12 - away - #12
Carib Breeze 28 heat pts28 space
avatar space
Senior Member
space
$4,175 | POWERFUL
Y.G. said:

Reply With Quote
Unread 2 years agoclass of '05 - away - #13
Adamsville 123 heat pts123 space
avatar space
Ambassador of Atlanta
space
$11,756 | POWERFUL
they reached the Q2 target and grew from Q1.... what da problem is?
Reply With Quote
Unread 2 years agoclass of '06 - on now - #14
layzie8171 42 heat pts42 space
avatar space
Oscar, We will miss you
space
$8,912 | POWERFUL
Y.G. said:






Reply With Quote
Unread 2 years agoclass of '04 - away - #15
KREW 2 heat pts space
avatar space
Amerikkaz Most Wanted
space
$4,086 | POWERFUL
Y.G. said:

Reply With Quote
Unread 2 years agoclass of '12 - away - #16
ThePainkiller 306 heat pts306 space
avatar space
This is the Pain k!ller
space
$55,750 | POWERFUL
layzie8171 said:





Reply With Quote
Unread 2 years agoclass of '05 - away - #17
sixmillion007 1 heat pts space
avatar space
Senior Member
space
$1,385 | 5335523
Y.G. said:
Fock you. HTC lost, ya bish.





Reply With Quote
Unread 2 years agoclass of '06 - away - #18
JCSIII 68 heat pts68 space
avatar space
Know thy Self
space
$6,803 | POWERFUL
I'm starting to think YG loves a monopoly.
Reply With Quote
Unread 2 years agoclass of '05 - away - #19
Y.G. 22 heat pts22 space
avatar space
Senior Member
space
$30,181 | POWERFUL
JCSIII said:
I'm starting to think YG loves a monopoly.
You think about other men often?
Reply With Quote
Unread 2 years agoclass of '08 - on now - #20
JetsLost 18 heat pts18 space
avatar space
Babe?
space
$6,803 | POWERFUL
Y.G. said:
Fock you. HTC lost, ya bish.


fu*king
Reply With Quote
 

Home > all sections > BX Tech
  
    
          join bx


 




that hot ish yesterday


most viewed right now
479 viewing
Video inside Real Or Fake? The Pencil Game "Charlie, Charlie" Got These Dudes Freaki..
110 comments
@wild'ish
most viewed right now
33 viewing
Image inside would you stick your d1ck in this?
122 comments
@eyecandy
most viewed right now
26 viewing
Image inside Fabolous killing it
147 comments
@hiphop
most viewed right now
22 viewing
BOX Top 20 Most Brutal Knockouts in Boxing History!
66 comments
@sports
most viewed right now
20 viewing
Image inside Ronda Rousey's Sister to the Right | :tasty:
77 comments
@eyecandy
most viewed right now
19 viewing
Audio inside Dr. Dre – 2Nite (feat. Kendrick Lamar & Jeremih)
50 comments
@hiphop
most viewed right now
13 viewing
Image inside Chris Brown & KID RED Plan on Killing Tyson Beckford in Vegas??!(Tyson..
166 comments
@hiphop
most viewed right now
11 viewing
NBA I will just leave this here
88 comments
@sports
most viewed right now
11 viewing
Video inside DJ Disrespects Wayne At His Own Party. Plays Danny Glover. Wayne On Sui..
195 comments
@hiphop

^
contact us   |   bx@twitter   |   bx@facebook   |   privacy   |   search   |  © BX 1998-end of time