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HTC reports sales dropped 45% in July from last year

Posted: , posted by Alan F.

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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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