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HTC beats analysts' revenue estimates for third straight quarter with record breaking Q2

Posted: , by Alan F.

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HTC beats analysts' revenue estimates for third straight quarter with record breaking Q2
With very popular Android handsets like the HTC Sensation and the HTC ThunderBolt bringing in the cash, Taiwan based manufacturer HTC has beaten analysts' estimates for revenue for three consecutive quarters. Second Quarter revenue more than doubled to the equivalent of $4.3 billion USD. More importantly, earnings came in for the latest period at $608 million USD, double the profit reported for last year's Q2 and higher than the $570 million USD expected by analysts. HTC's stock is up over 3% on the Taiwan Stock Exchange after the earnings report.

While HTC wouldn't report the exact number of phones sold in the period, the company did say that it beat its target of selling 11 million units in the second quarter. With HTC continuing to build on popular models like the EVO line for Sprint and the DROID Incredible series for Verizon, there seems to be no end in sight to the company's outstanding performance. Analysts expect HTC to post record breaking numbers for the third quarter.

source: Bloomberg via AndroidandMe

10 Comments
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posted on 06 Jul 2011, 10:42 1

1. G-Reg (unregistered)


HTC for the win.

posted on 06 Jul 2011, 11:07

2. forgednfire (Posts: 5; Member since: 03 May 2011)


Just a day ago before these figures came out I read on another website how analysts thought HTC was on shaky ground as stock prices had dipped despite very good sales numbers. While im not informd on all the facts they have I do know that I know or have talked to many an android user who will not own anything except an HTC phone. They are a solid company that has a good game plan and these numbers prove it.

posted on 06 Jul 2011, 11:12 3

3. Sniggly (Posts: 7182; Member since: 05 Dec 2009)


Good job, HTC! I'm proud of you! :)

posted on 06 Jul 2011, 12:00

4. biophone (Posts: 1896; Member since: 15 Jun 2011)


I would guess they sell so many producets because of sense. Htc and apple are the only ones who recognize the importance of the interface. It's about the experience of the product and they get that.

posted on 06 Jul 2011, 14:33

7. Whateverman (Posts: 3233; Member since: 17 May 2009)


I think the rest understand the importance of a good UI, but they just can't make one for some reason. The Drooid X has great hardware, but Blur hurts my eyes! But hey, that's what home replacements are for.

posted on 06 Jul 2011, 12:21 2

5. snowgator (Posts: 3294; Member since: 19 Jan 2011)


I know the Thunderbolt has been really well recieved and the Inspire is respected, but I just wonder how much more the U.S. sales numbers would improve if there was a HTC Sensation/EVO 3D varient on AT&T and Verizon. Seems like a missed opportunity all the way around.

Hard to argue with success though. Numbers do not lie.

posted on 06 Jul 2011, 12:27

6. NeXoS (Posts: 278; Member since: 03 May 2011)


Sense 3.0 broke the bluetooth and no longer syncs contacts to some cars, like BMW.

posted on 08 Jul 2011, 08:05

11. Mario (unregistered)


Might be either your phone or car.

posted on 06 Jul 2011, 14:46

8. Goss205 (unregistered)


Just think what their numbers would be if they would release the Holiday. Upon looking at several sites, I feel like I am like several others, whoever releases first between the Holiday, Galaxy S II, & Iphone 5 will get our business. Real toss up may be between the 2 android devices. I'm Iphone for now but if either one of the others is released well before Iphone I'll probably jumping ship to the droid side

posted on 06 Jul 2011, 16:51 1

9. cyborg (unregistered)


How about a double battery life or outstanding battery performance hTC?

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