HTC coming out of the doldrums: forecasts Q2 profit and doubling the revenue
posted by Daniel P. / May 06, 2014, 7:15 AM
Revenue in the second quarter is expected to fall a bit year-on-year, from 70.7 billion New Taiwan dollars, to between NT$65 billion (US$2.16 billion), and NT$70 billion. This means that the improvement compared to Q1 will be very be significant, though, more than doubling the puny NT$33.1 billion that HTC raked in the previous quarter. The gross margins are expected to scale back a bit from 23.2% a year earlier, to 21.3%-22.0% now, which can be expected, given the launch of new products like the flagship HTC One (M8).
It looks like HTC's turnaround strategy might be paying off. The company introduced new affordable entrants in the low- to mid-range realm, and doesn't have any supply issues with the One (M8), as it had last year with its predecessor. Moreover, Chairman Wang received a more active role in managing the daily operations of the company, and HTC is also prepping to outsource production for some of its handsets, which should further help lower costs. Given the rumors about an eventual top-shelf One (M8) Prime that is due in the fall, we are crossing fingers for HTC to overcome this period, and keep the competition on its toes, as we are all benefiting from stronger industry players, and more of them.
source: WSJ (paywall)
- Display 5.0" 1080 x 1920 pixels
- Camera 4 MP / 5 MP front
- Processor Qualcomm Snapdragon 801, Quad-core, 2300 MHz
- Storage 32 GB + microSDXC
- Battery 2600 mAh(20h 3G talk time)
Posts: 752; Member since: Jan 18, 2013
Good for you HTC! :) One of my favorites!
posted on May 06, 2014, 7:16 AM 6
Posts: 4562; Member since: Mar 13, 2014
I love my HTC One Great good to know there out of the red Taters would not like this news
posted on May 06, 2014, 7:23 AM 12
Posts: 5629; Member since: Mar 08, 2013
Glad to hear it...Keep it up, HTC! HTC haters and FriendsOfSamsung must be crying about this right now lol.
posted on May 06, 2014, 7:43 AM 9
Sales gonna tumble next month, so why bother ignorance boy
posted on May 06, 2014, 7:53 AM 2
You aren't very bright are you? None of the folks fighting in this are ifans..plus you don't have to be a fanboy to understand that HTC is good for the android ecosystem.. god help us all if it's left to SS... With the creation of terms like hyperglaze and elegant yet powerful.. lazy designs that from the front all look the same for three gens.. I could go on and on
posted on May 06, 2014, 5:51 PM 0
Posts: 1095; Member since: Mar 25, 2014
No hate on HTC. But they must stop pretending to be Apple and selling ALUMINUNUM POS "MAGIC", and start making smartphones again.. This conrtact that they made with Apple and using apple's propaganda will not help . It will , in fact, kill them. "I love my Note3 Eyxnos" LOL. You never give up, the old dumb tricks?
posted on May 06, 2014, 4:40 PM 1
Idk why would he be crying. Their numbers are no where near Samsung's and I also remember they said the same last year and they even lied about selling 5m M7 during the 1st month of its release.
posted on May 06, 2014, 8:06 AM 0
Posts: 5629; Member since: Mar 08, 2013
Fanboys love to see other manufacturers go down, so why would they not be crying when they see this? Maybe I exaggerated it a bit, but we also can say that they will feel insecure and uncomfortable when they see a manufacturer that was going down but go up suddenly. Even if HTC lied before, that doesn't mean they're lying all the time. This doesn't sound like they're lying right?
posted on May 06, 2014, 8:18 AM 2
Posts: 6474; Member since: Jan 28, 2013
So they are resorting to using a Windows phone type declaration to prevent stock prices from falling now eh? Double of nothing is still nothing. Lol
posted on May 06, 2014, 8:08 AM 0
Posts: 1190; Member since: Jan 24, 2012
Even though I don't like HTC phones, I am very happy after seeing this news... Competition is good for every one of us here...
posted on May 06, 2014, 8:53 AM 3
Posts: 6023; Member since: Dec 30, 2010
Same here. I dont like Samsung phones either. I'm a Moto fan.... But I dont root against Samsung or HTC. I only root against Apple...lol. WP....thats a lil more complicated...because I can see myself using WP if I ever got tired of Android or Android just disappeared one day. I dont want to see WP kill off Android, but I dont wanna see WP fail. Same for BB. I wouldnt mind seeing an equal split with Android, WP and BB... iPhone....it can just go away somewhere, go under a rock...
posted on May 06, 2014, 1:11 PM 0
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