HTC posts Q2 2012 financial results, profits tumble
posted by Nick T. / Jul 06, 2012, 5:48 AM
While Samsung managed to rake in quite a lot of money during the year's second quarter, other major players on the smartphone market were not doing that well, it seems. And we are looking at you, HTC; you and your not-so-pretty Q2 financial report that was just released.
So, here are the most significant figures: HTC generated sales of $3.05 billion between April and June of 2012, which is way below the $4.32 billion worth of sales they made in Q2 of 2011. But more importantly, the company posted a Q2 2012 net profit of $248 million. That is 57% less than what HTC accumulated in Q2 of 2011. The drop in earnings does not actually come as a surprise as it lines up with HTC's earnings forecast.
the HTC One lineup is not selling well in Europe. Even with the HTC One X flagship on the market, smartphone sales have not met the company's expectations. Besides, let us not forget that the HTC EVO 4G LTE was stuck at customs, which lead to a delay in its U.S. launch.Some say that these disappointing figures are partially because
HTC has not yet commented on its Q2 financial results. The company's shares went down 5% on Friday closing at 322 Taiwanese dollars apiece.
Posts: 163; Member since: Feb 07, 2012
It's not surprising, If the One series was as good as it was advertised then the results would have been different. And to top it, many asian people consider they are cheated with the One S which were eagerly waiting, and HTC launched it with old S3.
posted on Jul 06, 2012, 6:35 AM 3
Posts: 2; Member since: Jul 05, 2012
Was looking hard at the One S but the fact that there is no removable battery and especially no SD card slot was a deal breaker for me. Looks like the S3 is gonna be my next phone.
posted on Jul 06, 2012, 6:45 AM 2
Posts: 7305; Member since: Dec 05, 2009
Well let's look at the US's current HTC lineup (prior to the One series launch): Verizon: Droid Incredible 2 (not particularly compelling sequel to the original Incredible) HTC Rezound: Great phone specs wise, but not too attractive looking. Besides, we haven't had it in stock in months. Sprint: Evo Design (budget phone that's usually overpriced) Evo Shift (only remarkable for its physical keyboard) Evo 3D (discontinued during the quarter, kinda a s**tty phone anyway) AT&T: Inspire (only good as a free phone, completely overshadowed and then discontinued during the quarter) T-Mobile: Amaze (seems like a decent phone) MyTouch 4G Slide (almost a year old) So basically, the One was the first big launch for HTC since last year, and it happened really late in the quarter. The One X is less attractive to people because of its lack of expandable memory (with only about 11 gigs usable to start with) and the inexplicable decision to make the white version the only one sold in store (at least for Best Buy). The EVO was delayed until the beginning of June, and Sprint is still the second smallest of the "Big 4" by a large margin. Getting the Incredible LTE out there will help, as well as a full quarter of EVO sales, especially as Sprint launches its LTE network.
posted on Jul 06, 2012, 6:47 AM 4
Posts: 26; Member since: Jan 23, 2012
Sadly Verizon doesn't help with HTC sales as they push the Motorola's a lot harder than any other manufacturer in their line up. I have the Rezound on ICS with Sense 4.0 and I have noticed a big difference in speed and battery life is a lot better. I would definitely get a One series phone if VZW would offer it.
posted on Jul 06, 2012, 8:33 AM 1
Posts: 874; Member since: Oct 17, 2011
htc one x is a great looking phone, much better looking than samsung galaxy s3. but the advantage ends there. htc should look and learn from samsung and not at iphone if it wants to gain back market share.
posted on Jul 06, 2012, 6:51 AM 8
Posts: 70; Member since: Feb 14, 2012
what's so great about s3? same phone except with a crappier screen. Plus a bunch of geeks whining about no sd card slot and removable battery. That's it. There's nothing else different betweens these phones and touch wiz is ugly.
posted on Jul 06, 2012, 8:58 AM 5
Posts: 4275; Member since: Jun 26, 2011
Well, if we're talking about international, the GS3 also has the Exynos quad, which is, and probably will be for a while, the most powerful quad-core processor in the mobile market, though the Tegra 3 runs ICS and Sense without any lag, more power = better in the tech industry (if you can balance battery life with it). U.S. wise, the GS3 has twice the RAM, though not exactly necessary, is always good. HTC has better design and display, but removeable battery and SD card slot is important to a fair margin of people. And the new TouchWiz isn't bad; older versions, meh.
posted on Jul 06, 2012, 10:25 AM 1
Posts: 84; Member since: Jun 14, 2012
I don't understand HTC. They have the potential to build the best androids phones, but they just mess everything up! I was really going to buy the HTC One V, because it is a quite good low-end device. After some time, its prices just increased and now is about the same as the Xperia Sola, which comes with NFC, Dual-core, Floating-Touch and SD Card slot. So what is the advantage to buy it now? The fast camera? After I looked the samples, the Sony camera seems to have a better quality than the HTC One V Image Sense! Some people may say, It comes with ICS! Sony already delivery the ICS update for some devices and soon the Sola will have it. Anyway, so I gathered more money to go for a mid-range device hopping that the HTC One S arrives with an affordable price here. Then, HTC announced the One S with the S3! Okay, even if it wasn't a very good news, at least I was expecting that it would be at least more affordable than the original one. But NO! Its price here are just few bucks less than the One X! Now I see a lot of HTC Desire devices out there, showing that HTC ONE devices didn't work very well. It's sad, but IMO, 2012 is already over for HTC....
posted on Jul 06, 2012, 8:24 AM 1
Posts: 2156; Member since: Oct 17, 2011
Sigh, the phone market is obviously turning into a battlefield of two behemoths - Samsung and Apple. Majority of those considering a top android phone opt for the best at the moment and that is the galaxy. It edges out One x just slightly but still clearly. Plus its popularity makes people gravitate towards it because it feels like a safer buy etc. I hope Motorola and Sony can start to change the picture soon. They're the only two vendors I see having what it takes to challenge Samsung and Apple.
posted on Jul 06, 2012, 8:33 AM 1
Posts: 216; Member since: Dec 28, 2011
in this day and age, marketing is power. even if you have the greatest device and you don't market it well, it is not bound to succeed. it is why iphone is immensely successful. and samsung has learned so much from apple, flexing its muscle, leverage and influence by launching the gs3 almost simultanously all over the world? the result? gs3 breaking samsung's sales records, and making the gs3 the only iphone competitor in terms of sales and popularity. unless moto and sony pull out ala-apple and samsung, their flagships will never take off.
posted on Jul 06, 2012, 7:12 PM 0
Posts: 285; Member since: Feb 28, 2012
No sd slot is a big problem atleast for the asian users who don have the luxury of connecting to cloud service with high speed internet every now and then. I think the case is similar with majority american and european users. And the obvious preference for them will be samsung which i believe is yet to have no sd slot phone.
posted on Jul 06, 2012, 9:24 AM 1
Posts: 3614; Member since: Jan 19, 2011
My Wife's HTC Titan has had nothing but problems. Poor call quality, slower loading of web sites than any Windows Phone should have, and screen freezes galore. She is on her third warranty. My Samsung Focus S is trucking right along, still as efficient and dependable as can be. Now, obviously both companies are way more supportive of Android, but this kinda shows where the smart phone food chain is sitting right now. I like HTC, and think they will have zero problems bouncing back. (LG and Sony are examples of companies working from a way weaker position.) But they need to really show me they are on top of their game before we jump on another HTC.
posted on Jul 06, 2012, 9:35 AM 1
Posts: 1225; Member since: May 03, 2012
When you havent released any notable phone on Americas largest carrier what do you expect.. when you release the same spec phone continuously....thunderbolt.incredible 12 and Lte. Rezound.rhyme..of course your profits are gonna decline. When you fail to release your flagship phone on Vw and trade the One series for a incredible lte of course your sales will decline and it doesnt takr bloomberg to tell you..its common sense
posted on Jul 06, 2012, 10:43 AM 0
Posts: 1237; Member since: Mar 06, 2012
Expected, the product was filled with bugs. In the US market, they didn't even bother to place it on all carriers. You have a flagship, don't change it, don't modify it, just sell it. The moment when the One X was only announced on AT&T, it was destined to be forgotten.
posted on Jul 06, 2012, 11:16 AM 0
Posts: 1313; Member since: Jan 17, 2011
Prehistoric design. Unattractive, disconnected, boring, over rot, Sense skin. Baseless Customs excuse. Did not even last 3 weeks. HTC showing its age. Or Android has aged and there's not much more HTC can do with it. Despite all google updates, sense UI destroys the integrity of Android UI. Whatever it is, HTC must change something. WP will make half profit for HTC and HTC will continue to drown using Android unless they reboot their R&D department
posted on Jul 06, 2012, 7:53 PM 0
Posts: 286; Member since: Oct 20, 2011
HTC didn't have much to go on last quarter, but this quarter should be different. Htc now has out: Evo 4G LTE One x One s Incredible 4G All relatively new and powerful! I compared the Evo LTE next to the SG3 and I have to say I'm not very impressed with the SG3!
posted on Jul 07, 2012, 1:24 AM 0
Posts: 963; Member since: Feb 12, 2012
I'm a fan of HTC, but seeing the flagship of this year, i think it is inevitable that the sales will plummet.. HTC, wake up! release source code faster! stop locking the bootloader! people have been lured to samsung knowing how easy it is to root samsung phones! Also, don't make a half baked phones that has no expendable memory and no removable battery and no native USB-OTG/Host mode support.. Stop being so apple-ish.. You are not apple with all its restriction, you are HTC, one of the biggest players in Android.. Please.. stop being such a conservative and go all out.. seems that only Samsung is leading the Android OEMs, and i want to see all other OEMs take their chances, but in order to do so, you all need to be all-out and stop making half baked phones!
posted on Jul 07, 2012, 4:56 AM 0
Posts: 173; Member since: Jul 07, 2012
oh well read all the comments. and i think sense is the only thing that makes HTC DIFFERENT from other phones. its unique. and as far as the clock is concerned u can just remove it from the screen just by one click. so that point is baseless. the only thing htc needs to do is good marketing strategy and nothing else. we talk about samsung, literally they r doing good but only bcause of one reason.... their marketing is good. as far as build quality is concerned, nothing comes in way of HTC. they make best quality phones. i have used samsung phones but then changed to htc....---- reason----- CRAP SAMSUNG QUALITY.. i rather broke the back cover of galaxy s3 while opening.ewww........ look at samsung ui it sucks big time. and i ve seen widgets as compared to htc... where samsung widgets look like cheap and childish with no quality at all..... so htc will come with a big bang... soon after they update to ANDROID 4.1 JELLYBEAN. GOOD LUCK.
posted on Jul 07, 2012, 10:50 PM 0
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