HTC announces final Q2 results, 12.1 million phones shipped, $349 average selling price

HTC announces final Q2 results, 12.1 million phones shipped, $349 average selling price
HTC announced its second quarter financials on 7/6, but it didn't specify the average selling price (ASP) and number of handsets it sold, only said it did beat the 11 million target. We got to know then that HTC more than doubled its revenue year-on-year, to the tune of $4.3 billion, and its net profit was above the analysts' estimates, at $608 million.

Now we learn that the average selling price of HTC's handsets rose to $349 despite more than doubling the number of handsets shipped compared to the second quarter of last year, to a cool 12.1 million handsets. Moreover, the operating margin was slightly increased to 15.5% compared to Q2 2010. HTC is in the big four of handset makers that actually turned a profit last quarter, the others being Apple, RIM and Samsung.

It wouldn't be nice for HTC to see such a flourishing model get slammed with patent royalties if Apple has its way with the courts, but that's the way to do business in the mobile industry recently, something has to give in Android's quest for world domination.

HTC had a press conference to discuss its second quarter, clarifying that it will have six to eight new smartphones and tablets by the end of 2011, predominantly Android devices. We know about a few Windows Phone Mango handsets, as well as about the female-oriented HTC Bliss, but there is obviously more to look forward to this year from HTC.

source: HTC


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