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HTC reconsidering S3 purchase after lost lawsuit, lowers Q4 estimate

Posted: , by Victor H.

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HTC reconsidering S3 purchase after lost lawsuit, lowers Q4 estimate
You’ve probably already heard about S3 Graphics surprisingly losing a legal battle with Apple leaving HTC puzzled about what it has to do with the already announced acquisition of the company. The Taiwanese however didn’t stay confused for too long and are now saying that they will re-evaluate the deal, so it could be cancelled. 

Earlier, HTC said that it will appeal the ruling jointly with S3, but it seems that it has lost its most important arguments. In either case, it seems that this acquisition was mostly planned to fortify HTC’s patent stands. The Taiwanese phone maker was ready to spend $300 million on the S3 Graphics deal.

At the same time, the company has cut its sales forecast for the last quarter of the year after several record quarters.

“Due to global macroeconomic downturn and market competition, the assumptions of 2011 Q4 financial forecast provided earlier are no longer applicable,” HTC said.

The revised estimate puts revenues at around $3.4 billion or NT$104 billion, down from an initial forecast for between NT$125 billion to NT$135 billion. The market competition mentioned in the report possibly refers to Samsung which offers handsets in all price categories while HTC has largely neglected the low and partially mid-end. But it’s also worth mentioning that Apple is recording very strong initial sales of the iPhone 4S.

source: Blooomberg

35 Comments
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posted on 23 Nov 2011, 09:50 12

1. bayhuy (Posts: 306; Member since: 23 Jun 2011)


Every judge has an iPhone or iPad...well known fact.

posted on 23 Nov 2011, 10:01 4

2. lubba (Posts: 1311; Member since: 17 Jan 2011)


I'll agree to that.

posted on 23 Nov 2011, 11:23 1

8. rf1975 (Posts: 249; Member since: 01 Aug 2011)


We know that HTC will lose this patent war. But these are just dramas. The thuth is that all companies copy each other when it comes to manufacturing.

http://www.roughlydrafted.com/2011/09/30/amd-claims-ownership-of-s3-graphics-patents-that-htc-aimed-at-apple/

posted on 23 Nov 2011, 11:51 1

13. LewsTherin006 (Posts: 140; Member since: 18 Nov 2011)


it is known.

posted on 23 Nov 2011, 10:05 1

3. lubba (Posts: 1311; Member since: 17 Jan 2011)


They may have better chance tying knot with MS.

posted on 23 Nov 2011, 10:28 1

4. gallitoking (Posts: 4690; Member since: 17 May 2011)


so does every hospital... airlines, department stores... your point is?..... and you know what.. Obama also has one.. ok bad example...lol... but you get my message...

posted on 23 Nov 2011, 10:33 1

6. snowgator (Posts: 3289; Member since: 19 Jan 2011)


Okay Galli... that is kinda funny!! :-D

posted on 23 Nov 2011, 12:17 3

16. remixfa (Posts: 14145; Member since: 19 Dec 2008)


really.. i didnt see a single ipad in my hospital. however many are using ANDROID tablets. Smaller, easier to make apps for, and they do more. :)

posted on 23 Nov 2011, 12:28 4

23. gallitoking (Posts: 4690; Member since: 17 May 2011)


http://www.smartplanet.com/blog/thinking-tech/why-ipads-are-taking-off-in-hospitals/5002

posted on 24 Nov 2011, 02:54 1

35. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


Gallito posting facts confuses remix. It interferes with his talk track.

posted on 23 Nov 2011, 13:00 3

25. faisal8708 (Posts: 104; Member since: 15 Nov 2011)


Yea they are using Android tablets thts how they sold 1.2m of those so many hahahahahaha

Stupid dumba$$ Fandroids

posted on 23 Nov 2011, 11:53

14. LewsTherin006 (Posts: 140; Member since: 18 Nov 2011)


why would this be a bad thing for HTC? They now have a in house graphic company, along with beats audio. This will help keep production cost down.

posted on 24 Nov 2011, 01:48

33. snowgator (Posts: 3289; Member since: 19 Jan 2011)


Huh. Never been moderated before. Going back to put my nose in the Mobile corner.

posted on 23 Nov 2011, 11:24 4

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


If there's one thing I can't stand, it's bigotry. You deserve to be punched really frickin' hard in the gonads.

posted on 23 Nov 2011, 11:43

10. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


Hahahaa

posted on 23 Nov 2011, 11:51 2

12. LewsTherin006 (Posts: 140; Member since: 18 Nov 2011)


Sniggly PUNCH! *punches in balls*

posted on 23 Nov 2011, 14:36

27. ladyhaly (Posts: 106; Member since: 17 Jan 2011)


I second the motion. But let's have a girl do it. So it hurts freaking more.

posted on 23 Nov 2011, 12:18 2

17. remixfa (Posts: 14145; Member since: 19 Dec 2008)


what idiot trolls thumbed up this guys racist and completely off based comments? you guys really are idiots.

posted on 23 Nov 2011, 15:53 1

31. systamatics (Posts: 63; Member since: 16 Nov 2011)


its 2012 and stupid racists are still alive!! and what the f**k is wrong with phone arena keeping your post here , IDIOT!

posted on 23 Nov 2011, 11:44 3

11. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


HTC made a desperate attempt at patent trolling and ate it big time.

Now they have to face up to Apple's legitimate lawsuits

Lower sales estimates is called the iPhone 4S effect.

posted on 23 Nov 2011, 12:18 6

18. iamcc (Posts: 1319; Member since: 07 Oct 2011)


The iPhone 4S effect? I thought that was when people bought the same product as last year.

I must be confused.

posted on 23 Nov 2011, 12:19 3

19. remixfa (Posts: 14145; Member since: 19 Dec 2008)


lol.. its like groundhog day, but with an iphone. :)

posted on 23 Nov 2011, 12:24 1

20. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


Keep an eye out

posted on 23 Nov 2011, 12:26

22. networkdood (Posts: 6326; Member since: 31 Mar 2010)


LOL, it is, unless you are going from iphone 3GS and lesser models....

posted on 23 Nov 2011, 12:24

21. networkdood (Posts: 6326; Member since: 31 Mar 2010)


And, so, what do you get out if? Are you an APPLE employee?

posted on 23 Nov 2011, 12:54 1

24. taco50 (banned) (Posts: 5506; Member since: 08 Oct 2009)


I get the satisfaction of all the trolls back pedaling and making excuses.

posted on 23 Nov 2011, 13:09 2

26. networkdood (Posts: 6326; Member since: 31 Mar 2010)


Wow, seriously?? Must be a lonely existence for you.

posted on 23 Nov 2011, 14:42 1

30. ladyhaly (Posts: 106; Member since: 17 Jan 2011)


You only see yourself reflected back from other people.

posted on 23 Nov 2011, 14:38 2

28. BlowJobs (Posts: 25; Member since: 30 Jun 2011)


"Apple's legitimate lawsuits"

That's a good one.

posted on 23 Nov 2011, 14:39 1

29. ladyhaly (Posts: 106; Member since: 17 Jan 2011)


The iPhone 4S effect? I thought it was another name for "deja vu".

posted on 23 Nov 2011, 12:06 3

15. networkdood (Posts: 6326; Member since: 31 Mar 2010)


Just keep the company, HTC....I second Sniggly's anti-bigotry post.....

posted on 23 Nov 2011, 19:54

32. roscuthiii (Posts: 1873; Member since: 18 Jul 2010)


US justice system... best system money can buy.

posted on 24 Nov 2011, 02:32

34. farhan165 (Posts: 4; Member since: 22 Nov 2011)


Try Bada OS ok... :)

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