HTC

HTC posts 42% higher September revenue, likely due to making the Pixel smartphones



Soon after the Pixel smartphones which it made for Google debuted, HTC published its September revenue report. The Taiwanese company reported NT$ 9,332 billion, the highest number posted by the company for this year. September's revenue is 42% higher than August's and represents a year-on-year increase of 31.3%.

All in all, HTC made NT$ 22.23 billion for the third quarter, which is 3.75% higher on a yearly basis. Thus, there's a good chance that HTC has turned a profit for the July-August-September quarter (Q3 2016) after suffering losses for five consecutive quarters.

There's no official indication that the revenue increase has anything to do with HTC's partnership with Google in manufacturing its Pixel and Pixel XL smartphones. However, with the handsets ready to hit retail on October 20, it is safe to assume that the company has already completed the first batch of units for distribution, which must have contributed to its quarterly financial well-being.

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22 Comments

1. newbey123

Posts: 700; Member since: Mar 19, 2012

Considering that all the 128GB versions are already sold out on the playstore, that's not hard to believe! Guess have to wait til back in stock to order.

5. trojan_horse

Posts: 5868; Member since: May 06, 2016

Pretty much it. Good to see HTC cashing in on the Pixel devices. I hope this 3-year deal with Google will save the iconic HTC from exiting the smartphone market so soon!

2. heyorovka

Posts: 3; Member since: Oct 06, 2016

Keep it up HTC! I wish the best luck for next year. :)

19. iC-118

Posts: 260; Member since: Sep 29, 2016

And stop making ugly chamfered round curve phones.

3. truthwins unregistered

Soon htc will be bought by google .

6. Subie

Posts: 2348; Member since: Aug 01, 2015

This is exactly was I was thinking earlier this year. It could be a good move by Google. Remove all HTC's execs that failed the company over the last number of years and what remains is a great hardware division for Google.

13. JesseJames

Posts: 226; Member since: Feb 22, 2015

This would be cool but I don't really see this happening since I don't see what htc will have to offer that google doesn't already have or can get. Google can get any other android oem to manufacture phones, so why spend money on htc?

15. Subie

Posts: 2348; Member since: Aug 01, 2015

16. tedkord

Posts: 17289; Member since: Jun 17, 2009

They couldn't hire them. They could probably buy them many times over.

17. Subie

Posts: 2348; Member since: Aug 01, 2015

Thats exactly what I'm saying though. I was replying to the last half of post 13.

8. jellmoo

Posts: 2562; Member since: Oct 31, 2011

Considering the loss they took on Motorola, I'm not so sure that Google wants to go down that road again.

10. Subie

Posts: 2348; Member since: Aug 01, 2015

Google didn't really lose as much as some think as they kept the patents that they wanted. Whether Google lost in the long run who really knows... https://techcrunch.com/2014/01/29/google-keeps-vast-majority-of-motorola-mobility-patents-in-sale-to-lenovo/

12. JesseJames

Posts: 226; Member since: Feb 22, 2015

Loss on motorola? Not even close bro. Google bought moto, kept what they needed and sold off what they didn't need and that was that.

14. jellmoo

Posts: 2562; Member since: Oct 31, 2011

They bought Motorola for $12.5B, and sold it for just under $3B in one deal and $2.5B in another. What they originally made the purchase for were the patents, that largely didn't help them as most were not allowed to be used in the lawsuits they were directly or indirectly involved in. Google gained value from the deal overall, sure, but it was absolutely a money loss for them.

4. Plasticsh1t

Posts: 3097; Member since: Sep 01, 2014

The Google "nexus" magic is starting to take course.

7. IAMBLCKJ3ZUS

Posts: 401; Member since: Sep 29, 2015

I cancel my pre-ordered to get the 32gb and wow almost every one is sold out. People may be talking crap, but I think Google and HTC just hit gold can't wait to get my pixel.

9. Awalker

Posts: 1973; Member since: Aug 15, 2013

They're marketing the phone to the general public and they're offering interest free financing. Maybe it's working out for them.

11. CreeDiddy

Posts: 2143; Member since: Nov 04, 2011

Each quarter for HTC is pins and needles...

18. omnitech

Posts: 1131; Member since: Sep 28, 2016

I think the Note 7 thing is actually pushing some customers to them lol

20. LanjaKodaka

Posts: 219; Member since: Sep 27, 2016

Time for the Legend to come back !

21. ibend

Posts: 6747; Member since: Sep 30, 2014

3.75% higher than Q3 last year? isn't it because they fail really hard with M9 last year? (pixel had just released, ho can it instanly increase revenue? :v)

23. Mr.C4

Posts: 64; Member since: Oct 07, 2016

This has nothing to do with the Pixel phone. HTC have been doing a great job lately!

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