x PhoneArena is hiring! Reviewer in the USA
  • Hidden picShow menu
  • Home
  • News
  • HTC returns to the black in Q2, thanks to the HTC One (M8)

HTC returns to the black in Q2, thanks to the HTC One (M8)

Posted: , by Alan F.

Tags :

HTC returns to the black in Q2, thanks to the HTC One (M8)
After reporting operating losses for the last three quarters, HTC finally returned to the black for the second quarter, thanks to the well received HTC One (M8). For the three month period ended on June 30th, the manufacturer reported a profit of $75.5 million. That is an 80% increase from the results reported a year ago by HTC. In the previous quarter of 2014, the company reported a loss of $62.8 million.

The turnaround is led by the HTC One (M8), the company's current flagship Android flavored handset. Taking the same award winning design it used for the HTC One (M7) in 2013, HTC expanded the size of the screen to 5 inches for the HTC One (M8), and added the much requested microSD slot. And instead of settling for the Snapdragon 600 processor, HTC opted for the Snapdragon 801 CPU. On the back, the Duo camera set up allows HTC One (M8) users to change the focal point of a photograph, even after it has been processed. While the 2600mAh battery doesn't offer the capacity seen on the cells used by the competition, HTC has done a good job of optimizing the battery so that users can get a full day of usage without having to recharge the phone.

Despite turning a profit in the quarter, some analysts are concerned that the HTC One (M8) is going to run out of steam once the rumored Samsung Galaxy F is released, and the Apple iPhone 6 is launched.

"Growth for someone like an HTC is going to be really difficult in this extremely competitive environment. Things are only going to heat up with the iPhone 6 making it more difficult for HTC to grow market share."-Hugues J. De La Vergne, prinicipal analyst, Gartner

Also helping HTC's fortunes in the quarter was the release of the entry-level HTC Desire 816, designed for emerging markets. And the company also reduced its marketing, something that Chief Financial Officer Chialin Chang had forecast in May.

source: LATimes

  • Options

posted on 03 Jul 2014, 15:08 11

1. Furbal (unregistered)

Glad to hear. Just picked one up on Monday! My s5 is boring now.

Already rooted and playing with Roms.

posted on 03 Jul 2014, 15:21 2

2. jaytai0106 (Posts: 1888; Member since: 30 Mar 2011)

Same here. HTC did need a break from its financial problem they were having for a long time.

posted on 03 Jul 2014, 15:23 4

4. Commentator (Posts: 3722; Member since: 16 Aug 2011)

It's nice to see, but it's hard to sympathize with their financial troubles. They made their own bed with investments in the likes of OnLive, Beats Audio, and Ultrapixel cameras. The thing about swinging for home runs is that you're going to strike out quite a few times too.

posted on 03 Jul 2014, 16:16 3

6. CanYouSeeTheLight (Posts: 1122; Member since: 05 Jul 2012)

How was Beats Audio a bad investment? They actually sold it for more than what they bought it so i don't see how it was a bad investment...

posted on 03 Jul 2014, 16:31

9. Commentator (Posts: 3722; Member since: 16 Aug 2011)

It never did anything to really enhance HTC's brand. If HTC were in the game of buying low and selling high, they should just get a good stockbroker.

posted on 03 Jul 2014, 19:04 2

14. VLaRueC (Posts: 182; Member since: 18 Dec 2012)

I take it you're not in sales. If so, you'd rethink your post.

posted on 03 Jul 2014, 15:23 3

3. amats69 (Posts: 1509; Member since: 12 Nov 2012)

And the well receive HTC one E8 will help hTC earn more profit. It is so glad to hear that a good company like HTC is still surviving and not giving up on the fight that easily.. Good Luck!

posted on 03 Jul 2014, 15:39 1

5. Planterz (Posts: 2110; Member since: 30 Apr 2012)

Put a proper camera on the M9 and I'll help with their profits.

posted on 03 Jul 2014, 22:28

16. Arte-8800 (banned) (Posts: 4562; Member since: 13 Mar 2014)

And a 3000mah


posted on 03 Jul 2014, 16:26 2

7. twens (Posts: 1054; Member since: 25 Feb 2012)

Nice job htc.

posted on 03 Jul 2014, 16:36 1

10. Lycan155 (Posts: 254; Member since: 24 Nov 2013)

Good for them :) front boom sound ftw

posted on 03 Jul 2014, 17:07 3

11. leftheodo (Posts: 106; Member since: 21 Oct 2011)

Good for HTC. They deserve more than they get. The M8 is an excellent phone and Sense has become the best android overlay as it was back in 2008. It's nice to see the company that made the first nexus and the first popular android phone ( HTC EVO ), getting back to the game. Btw I own a NOTE 3

posted on 03 Jul 2014, 17:13 2

12. newbey123 (Posts: 631; Member since: 19 Mar 2012)

Great job HTC. Welcome back!

posted on 03 Jul 2014, 20:11

15. youlookfoolish (Posts: 177; Member since: 14 Dec 2012)

Top marks, HTC. Great product. Put a real camera in the M9 and you might dominate the world.

posted on 03 Jul 2014, 22:31

17. Arte-8800 (banned) (Posts: 4562; Member since: 13 Mar 2014)

Along with a exclusive Cpu, not Snapdragon, cause there are way much better Socs than snapdragon. And PwvrRouge Gpu6630.

posted on 03 Jul 2014, 22:51 1

18. Slammer (Posts: 1515; Member since: 03 Jun 2010)

This editorial is skewered. From what I'm hearing and reading elsewhere, sales have been stagnant. It is cost cutting measures that have given profit margin for HTC. Not sales.

John B.

posted on 04 Jul 2014, 13:55

23. pulkit1 (Posts: 354; Member since: 03 Jul 2014)

still a great news man .

posted on 04 Jul 2014, 05:18

21. mojtaba_mn (Posts: 268; Member since: 22 Feb 2013)

m8 is great and galaxy f is also toooo ugly like s5

Want to comment? Please login or register.

Latest stories