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HTC reports sales dropped 45% in July from last year

By Alan Friedman

Published: Aug 06, 2012, 11:55 PM

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HTC

HTC reports sales dropped 45% in July from last year

HTC's flagship model

July was not a good month for Taiwan based handset manufacturer HTC. Despite the good word of mouth from users of the flagship HTC One X, the freight train called the Samsung Galaxy S III took sales right from HTC's high-end model leading to a 45% drop in revenue for the month. The company reported July sales of T$25 billion ($834 million USD). Last year HTC reported T$45.11 billion ($1.51 billion USD) in sales and T$30 billion ($1 billion USD) in June 2012. July is part of Q3 and HTC has already forecast a 23% drop in revenue for the period.

To refresh the HTC One line, there is speculation that a Quad-core 1.7GHz Tegra 3+ powered model is coming to T-Mobile in the U.S. and will be called the HTC One X+. Additionally, this past weekend we told you about a device called the HTC Proto that could be launching before the end of the year as a refreshed model of the HTC One V with a 4 inch screen.

As if losing sales to the Samsung Galaxy S III weren't enough, we could see the 6th generation of the Apple iPhone introduced in early September and launched by the end of that month.

source: Reuters

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Alan, an ardent smartphone enthusiast and a veteran writer at PhoneArena since 2009, has witnessed and chronicled the transformative years of mobile technology. Owning iconic phones from the original iPhone to the iPhone 15 Pro Max, he has seen smartphones evolve into a global phenomenon. Beyond smartphones, Alan has covered the emergence of tablets, smartwatches, and smart speakers.

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