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HTC continues to spill red ink for a third subsequent quarter, loses $62 million in Q1 2014

0. phoneArena 07 Apr 2014, 06:19 posted on

Taiwanese manufacturer HTC released its financial report for Q1 2014 and it appears that it has not balanced the books yet. The company continues to lose money for a third subsequent quarter, as it has lost roughly $62 million (NT$1.88 billion) from January 1 to March 31, just as it was predicted roughly two months ago...

This is a discussion for a news. To read the whole news, click here

posted on 07 Apr 2014, 06:23 8

1. zuckerboy (banned) (Posts: 898; Member since: 22 Dec 2011)


with 4 mp camera and high price tag m8 sels not greater than m7

posted on 07 Apr 2014, 06:26 5

2. StraightEdgeNexus (Posts: 3689; Member since: 14 Feb 2014)


If they keep Shelling out gimmicky phones this will continue to the day till they finally get bankrupt.

posted on 07 Apr 2014, 06:31 7

5. MarkArigayo (Posts: 240; Member since: 18 Dec 2013)


Agree. An low-end Ultrapixel camera priced as high as G2 or S4 isn't a good marketing strategy. HTC failed!

posted on 07 Apr 2014, 06:28 1

3. MarkArigayo (Posts: 240; Member since: 18 Dec 2013)


Loses net sales, market share and public interest is HTC. The gadget competition out there is getting harder, and HTC should decrease price tag of their products. Otherwise, HTC will disappear from the market and perished. HTC was a legend, and will be a part of history.

posted on 07 Apr 2014, 06:30 5

4. Jason2k13 (Posts: 1217; Member since: 28 Mar 2013)


but I thought the public prefers premium, well designed phones only? and not ugly Samsung design?

posted on 07 Apr 2014, 06:36 2

7. MarkArigayo (Posts: 240; Member since: 18 Dec 2013)


I was a Sammy diehard and they can survive and lead the market thanks to massive campaign and advertisements.

HTC troubled itself with unclear marketing strategy. They should decrease their price-tag at least 30% to increase their market shares.

posted on 07 Apr 2014, 06:46 1

8. Jason2k13 (Posts: 1217; Member since: 28 Mar 2013)


go market a pig as the best pet to have and see how far you will go. There are many factors to selling a product, and marketing is just one of them.

HTC phones are expensive, 4mp camera was such a bad move when the public prefers bigger numbers like S5 16mp. Like the HTC M7, it was a big phone for it's screen size, and now the M8 is even bigger.

I just hope HTC still lives on, because I like options.

posted on 07 Apr 2014, 07:19 5

15. Taters (banned) (Posts: 6474; Member since: 28 Jan 2013)


All these marketing geniuses are hilarious.

Marketing can be a powerful tool but it is just a tool or a process. The first part of this process usually begins like this. You look at a product and you analyze it. If it's not marketable, you just don't spend money on it and it doesn't pass the drawing room board.

Samsung products are marketable and HTC products are not. That is the more realistic way of looking at it. Whether that speaks to quality or not is up to you. I say it does speak for quality at least indirectly.

HTC and Sony fans just need to suck it up and stop blaming marketing for their companies failures. People usually know what they want and it isn't a suck T C product.

posted on 07 Apr 2014, 07:38 1

22. nokia12 (Posts: 523; Member since: 19 Nov 2013)


People stop Blaming marketing for HTC failures.. i have repeated this countless no of times here...

HTC is a flop Because of its ridiculous Pricing .. they are 10-20 % expensive than Samsung. if given a choice people will obviously prefer better build and premium materials but if offered at same price.. there are few who only prefer premium and are ready to pay more for that but for price conscious which are more in number one is ready to adjust and mostly people now use cases . So why Spend extra for HTC . Learn From Sony they had their products 10-20 % cheaper than samsung and were good looking and see in india they are now second and have beaten Apple,HTc,LG . they are Rising very good and so is LG. I Bet Xperia Z2 is going to trump over M8 sales.. 90 % of sales of samsung comes from Uninformed buyers and through advertisement ... But to get those uniformed buyers one need to give people better value for money so that those 10 % informed buyers buy that and Reviewers start recommending. then gradually it starts building advertisement and market presence for itself .. That is how samsung was made and that is where HTC is failing . Sony,LG is doing Great

posted on 07 Apr 2014, 15:14

34. omaianu (unregistered)


Your analysis if HTC and Samsung is completely off. If you offer premium build and quality, you are not going to charge the same price as average build and quality. Do you think BMW should charge the same as Hyundai? Obviously not. People will pay a premium for a premium product. Marketing is a huge factor here. Through marketing, an image is developed. HTC could brand itself as a "premium" phone maker, but it hasn't done any marketing at all really. Price is not the problem...image and recognition are.

posted on 07 Apr 2014, 15:10

33. omaianu (unregistered)


Does your life revolve around finding articles about HTC to bash? Get a life...

posted on 07 Apr 2014, 10:56

30. verty (Posts: 122; Member since: 07 May 2012)


Thoughtless. Who said samsung phones are ugly. Let me ask you which phones are beautiful?????

posted on 07 Apr 2014, 06:32 3

6. vuyonc (Posts: 1025; Member since: 24 Feb 2014)


Lemme guess. All that money went to those terrible Gary Oldman ads.

posted on 07 Apr 2014, 06:47 6

9. NotAGeek (Posts: 279; Member since: 26 Jan 2014)


This is the reason why HTC should stop mocking samsung

posted on 07 Apr 2014, 06:57 3

10. GreekGeek (Posts: 1276; Member since: 22 Mar 2014)


Whhhhyyyyyy Ohhh Whyyyyyyyyy HTC do you keep on shoving your ultra lame ULTRAPIXEL technology down people's throats?! n-o-b-o-d-y wants it.............

And you wonder why sales figures has been so abyssmally poor? Listen to your customers for eff's sakes...geez...for once...listen to them!

posted on 07 Apr 2014, 06:59 1

11. Killua (Posts: 270; Member since: 25 Nov 2013)


Like it or not Brand Awareness is important factor in selling a product. HTC design might looks good, but in terms of brand name it's losing to Samsung & Sony. And honestly, M8 is pretty disappointing, not much difference than M7. They should spent more time into their software, not design only.

posted on 07 Apr 2014, 07:08

12. GreekGeek (Posts: 1276; Member since: 22 Mar 2014)


They should've stopped developing their lousy camera tech after the HTC ONE. And they need to hang or shoot themselves for the ultra-flop ultra-horrible HTC ONE MAX (Plus who could forget their Facebook phone).....Now it's too little too late

Only a miracle could save them now....like, how about lowering the price tags first? A slimmest chance of recovering is still a chance lol

RIP

posted on 07 Apr 2014, 07:23 4

17. Taters (banned) (Posts: 6474; Member since: 28 Jan 2013)


They can't lower the price. They already signed the Apple and Nokia's extortion fee's contract.

Samsung and Ericcsson should sue them too and just take their remaining profits or lack of profits. It would be hilarious. Lol

posted on 07 Apr 2014, 08:48

27. nokia12 (Posts: 523; Member since: 19 Nov 2013)


hahaha +1

posted on 07 Apr 2014, 07:14

13. itsdeepak4u2000 (Posts: 3718; Member since: 03 Nov 2012)


Keep the prices low and do marketing properly.

posted on 07 Apr 2014, 07:19

14. StraightEdgeNexus (Posts: 3689; Member since: 14 Feb 2014)


If you look in 2010-2011 brand value of htc was somewhere near oppo and huawei minus marketshare.

posted on 07 Apr 2014, 07:21

16. StraightEdgeNexus (Posts: 3689; Member since: 14 Feb 2014)


In stores near me OG htc one costs more than galaxy s4 and equal to lg g2.

posted on 07 Apr 2014, 07:28

18. SAO101789 (Posts: 123; Member since: 10 Feb 2014)


Phones 8mp and up will always sell better. Htc may have best design but it's not worth it from the specs in my opinion not hating

posted on 07 Apr 2014, 07:29

19. CX3NT3_713 (Posts: 2283; Member since: 18 Apr 2011)


Microsoft should buy this company as well....

posted on 07 Apr 2014, 08:05

23. StraightEdgeNexus (Posts: 3689; Member since: 14 Feb 2014)


here comes a wp fanboy. lol.

posted on 07 Apr 2014, 07:32

20. Liveitup (Posts: 1798; Member since: 07 Jan 2014)


But it uses Android OS overwhelmingly.

posted on 07 Apr 2014, 07:33 1

21. Slammer (Posts: 1515; Member since: 03 Jun 2010)


Beauty is only skin deep. HTC lost me with the 4G LTE. Any company that tells me I don't need removable batteries, will lose my business or not get it at all. I'm done playing games. These companies stand to make billions off consumers forced to bring their devices in for battery issues. Many of my friends that have taken the plunge on newer handset designs with embedded batteries, have grown tired of the BS. Three of my constituents had to pay close to $200 just to have their handset replaced due to battery problems. There was nothing else wrong with their handsets other than that. Many have decided to move to Samsung for high end specs and component accessibility.

John B.

posted on 07 Apr 2014, 08:15 1

24. GreekGeek (Posts: 1276; Member since: 22 Mar 2014)


When you don't listen to your customers, things can get pretty nasty, Ask Microsoft...

Two major catastrophic blunders that this company has made so far...

1. It took them awhile before *they realized* MicroSD slot is an important, deal-breaker of a feature
2. And now, rumor has it that they are FINALLY ditching the Ultrapixel in their next upgrade cycle.

And I thought reacting late was Microsoft's expertise lmao, boy was I wrong! It turned out HTC was BETTER :-D

Design alone won't win you many customers HTC

posted on 07 Apr 2014, 08:29 1

25. KillerKeyboard (Posts: 344; Member since: 21 Nov 2013)


Hate
That
Camera

Help
This
Company

posted on 07 Apr 2014, 08:30

26. Slammer (Posts: 1515; Member since: 03 Jun 2010)


Well, Just finished a phone call with Barry at HTC. Informed him that if and when HTC can keep their current hardware design but reinstate removable batteries, that many people like myself will return to HTC. He was very receptive and understanding.

So I'm not sure what tech sites such as phonearena and others are doing to help promote the very important features of consumer control on certain accessible parts. But, my conversation with Barry seemed "encouraging". We, as tech enthusiasts, need to put the pressure on these manufacturers that diversity and consumer balance is more important than them trying to force us what is goog and what isn't. I also called Samsung and commended their stance in retaining the accessibility of important components such as SD cards and removable batteries. Samsumg was equally receptive and very proud that customers acknowledge one of the many reasons they are sought after.

John B.

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