HTC

HTC pulls a 180 degree reversal; company now expects revenue to fall in 2009

HTC pulls a 180 degree reversal; company now expects revenue to fall in 2009
Earlier this year. HTC said it would grow revenues about 10% during 2009. Now, after what the company is calling unexpected slowdowns in unit shipments and other product delays, the Taiwanese manufacturer now expects a low to mid-single digit decline in revenue this year. HTC chairman Peter Chou said, "Our momentum in the second half of this year may not be as strong as we initially thought". And while not mentioning any particular handset by name, the HTC exec added, "Momentum on both the Windows Mobile and Android platforms are also turning out to be weaker than expected."

The company earlier this month reported second quarter earnings of  $197.1 million dollars. That figure was higher than analysts had expected for the period and HTC said that full year shipments would be 20% higher than an earlier prediction due to the strength of their smartphone models. But the momentum has slowed down despite good reviews and public demand for HTC phones like the Windows Mobile powered Touch Pro2. That handset is about to launch in the U.S. on August 12th with T-Mobile. On the Android side, the HTC Hero has had strong reviews and is the first phone with Google's open source OS to support flash. As we've reported, a list of upcoming devices for Sprint shows the Hero being released for the pin-dropping network on October 11th.

HTC Hero Specifications
HTC TouchPro2 Preliminary Specifications | Review (EU)

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6 Comments

1. Kiltlifter

Posts: 742; Member since: Dec 11, 2008

HTC is from Taiwan... not Korea

5. PhoneArena Team

Posts: 258; Member since: Jun 27, 2006

We are sorry for the mistake. It has been corrected to "Taiwanese".

6. Kiltlifter

Posts: 742; Member since: Dec 11, 2008

No problem phonearena... I am not judgemental, just correcting the article... unlike some of the tools that complain about the information on this sight, but still always blog about it and constantly visit. You provide good information and I enjoy coming to this site.

2. idiotwind13

Posts: 80; Member since: Dec 29, 2008

" Now, after what the company is calling unexpected slowdowns in unit shipments and other product delays, the Taiwanese manufacturer now expects a low to mid-single digit decline in revenue this year." Um. Yeah. I didnt see a Korea in there.

4. Kiltlifter

Posts: 742; Member since: Dec 11, 2008

That is because they corrected it you moron... i guess your name says it all.

3. zaidou86

Posts: 1; Member since: Aug 02, 2009

In France, HTC use to lead smartphone runing on Windows Mobile. But untile iPhone event, french users are looking for more features on their device. I think androïd phones could bring momentum to HTC in mass market.

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