HTC reiterates commitment to Windows Phone, issues strong Q2 revenue guidance on HTC One sales

HTC reiterates commitment to Windows Phone, issues strong Q2 revenue guidance on HTC One sales
HTC's stock got upgraded recently by analysts, but it wasn't because of a stellar last quarter, as today's financial release for Q1 shows, but rather the expectations going forward.

As the unaudited figures hinted last month, today's audited official report lists just $2.88 million net profit on $1.45 billion in revenue. For the current quarter, however, HTC gave much more optimistic guidance, thanks to the start of HTC One sales, and said revenue is expected to go up 63% to $2.5 billion. Gross margin is expected to hit 22-24%, while operating margin is to get to 1-3%.

As for the state of the industry, CEO Steven Chou had good things to say about the HTC One, unsurprisingly: "In February our teams set a new standard for smartphones, launching the new HTC One. The reviews of fans and critics alike have been overwhelmingly positive and we look forward to delivering on the promise of this device... We are working as hard as possible to meet the demand everywhere.”

Asked about the financial status of the company, Peter Chou said they are fine "in terms of cash flow," so no underfunded worries, and confirmed HTC plans to stick with both Android and Windows Phone going forward. On the topic of innovation, and copying it thereof, HTC's CEO stated: "In this industry, everything can be copied. I think there's no point [in] thinking you can prevent this... but whether they would get this original quality -- I think the most important [thing] is that you are first."

source: HTC via Engadget

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30 Comments

1. darkskoliro

Posts: 1092; Member since: May 07, 2012

Like I said, they just needed one more quarter :)

2. Timmehor

Posts: 599; Member since: Mar 09, 2013

Nice to see HTC keeping close to Windows Phone, it means they trust it with sales.

3. TheBitterTruth unregistered

Not like the Samesung.

32. chocolaking

Posts: 495; Member since: May 22, 2012

I think they are on the right track. It's good to have the smartphone market to be so competative. the only benefit is to the consumers.

4. TheBitterTruth unregistered

HTC the BEST!

11. the_best

Posts: 139; Member since: Oct 14, 2012

i actually use a nokia right now =P

29. TheBitterTruth unregistered

^Same here dude.

5. tiara6918

Posts: 2263; Member since: Apr 26, 2012

Htc always the first when it comes to innovation!

13. MultiYouTroll

Posts: 29; Member since: Apr 19, 2013

Not really..

15. tashreef

Posts: 476; Member since: Nov 24, 2012

mention some of them?

16. SleepingOz unregistered

Aluminium body, stereo speakers, blinkfeed.. Oh wait..

17. MultiYouTroll

Posts: 29; Member since: Apr 19, 2013

Aluminum body = N8 has it first Stereo speakers = Nokia phones had it first Blinkfeed = really close to timescape and flipboard

26. Muayyad

Posts: 240; Member since: Oct 05, 2012

you realise HTC was first in many things. First touch screen for example. They had many aluminum smartphones before, like the nexus one.

18. Martine

Posts: 102; Member since: Oct 20, 2011

- Stereo speakers have been way before HTC One. Old Nokia phones, Samsung phones, and especially Pureview 808, all had great dual stereo speakers. - Front speakers were first used by Samsung Galaxy Tab 10.1N. Galaxy Note 10.1, Nexus 10 also had dual front speakers. Aluminium body has been used before HTC One. Nokia N8, Omnia 7, Samsung Wave, Nokia 8800, iPhone 5, Nokia E7, etc Blinkfeed is not even an innovation, it was inspired by others work E.g Flipboard, pulse widgets and the windows phone Metro UI. I'll give them the Ultrapixel noise, but that also sounds like a remodel of what Nokia has already done

19. MultiYouTroll

Posts: 29; Member since: Apr 19, 2013

Prepare for thumbs downs.. and I always thought that pureview(808) is the same as ultrapixel.. i mean, the technology is almost the same

25. b1acktiger

Posts: 223; Member since: May 19, 2012

Its about the combination of those perfect technology into one phone. -Front facing speakers on a Flagship Phone with Android OS is 1st. - We had many Aluminium devices, But those made before the booming of smartphones.

27. LionStone

Posts: 1048; Member since: Dec 10, 2010

Yea nice try...Front facing stereo speakers on a mobile device! Innovate doesn't mean invent. So yea, Blink feed is an innovation. HTC has been first as an LTE device on VZW and the first Nexus and the first to put a 1080p screen on a MOBILE phone.

6. Neurone

Posts: 54; Member since: Mar 05, 2013

With HTC One sales, hope Htc regains its lost ground in terms of market shares

7. poopApple

Posts: 38; Member since: Apr 12, 2013

hurts to know that s4 will sell more than this beautiful device. even though htc has increased its marketing budget, its still not enough.

22. cornerofthemoon

Posts: 619; Member since: Apr 20, 2010

I played with both phones at Best Buy the other day. Actually the S4 looked better in person than I anticipated, but the One obviously trumps in the looks department. The Galaxy definitely has some bugs to work out as the cute sales lady couldn't get many of the features such as eye tracker and the "hand hover" mode to work and the display phone crashed in mid-demonstration. I didn't mind as I got to hang out with her a little longer...: ) Anyway the HTC One seemed quick and flawless. The interface is almost Windows Phone-esque which I consider a plus.

24. chocolaking

Posts: 495; Member since: May 22, 2012

It must be giving the sales a hard time when they have to come up with samsung's bulshhit and theose gimmick features. I feel bad for that cute girl..

31. Taters

Posts: 6474; Member since: Jan 28, 2013

Read my post on the bottom. I haven't used a GS4 yet, but based on the GS3, the GS4 is much much nicer to use than this POS HTC One I have.

8. mr.techdude

Posts: 571; Member since: Nov 19, 2012

Very happy with my one x and soon upgrading to 4.2.2 with sense 5 (tegra 3 version)=BOSS plus my mate's and family r all buying the HTC one mainly due to the sxcy design and front stereo speakers, I have hope for HTC windows phone but has to have high end specs and new innovation like the HTC one to take out the stuburn Nokia. Samsung s4 decent but just filled with gimmicks. I love HTC :)

9. Edmund

Posts: 656; Member since: Jul 13, 2012

android is fugly and boring. The best word to describe it would be "outdated".

12. amro99

Posts: 114; Member since: Nov 29, 2012

No offense, but based on your comment i think you have never had any smartphone in your life, irrespective of its OS!

20. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

You're the first person to say Android is fugly, boring and outdated! Well done, here's an expired cookie for ya and STFU! :P

21. cornerofthemoon

Posts: 619; Member since: Apr 20, 2010

I'd hardly call Android boring. Frequent bugs and crashes is actually pretty exciting.

10. roldefol

Posts: 4744; Member since: Jan 28, 2011

My wife works for a major US based corporation that used to issue employees BlackBerry Bolds. Their standard issue phone is now the Windows 8X. I think both HTC and WP8 have a promising future.

28. xsmartphonex

Posts: 41; Member since: Mar 14, 2013

Htc gained a lot of d**k riders this year.

30. Taters

Posts: 6474; Member since: Jan 28, 2013

HTC fan boys don't get the big picture. The reason HTC fails is not because of marketing it. It is because of stupid crap like not receiving notifications on the One X and having to wait 6 months for the update that fixes it. Now with the HTC One, the capacitive buttons go dead for 20 - 30 seconds and that fix for the carrier versions seem nowhere in site. Apple and Samsung sell because you can buy a first batch iphone 4s, GS3, and GS4 and not be incredibly frustrated by some problem that never should have been there in the first place.

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