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)
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.


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

Related phones

One (M8)
  • Display 5.0" 1080 x 1920 pixels
  • Camera 4 MP / 5 MP front
  • Processor Qualcomm Snapdragon 801, Quad-core, 2300 MHz
  • Storage 32 GB + microSDXC
  • Battery 2600 mAh(20h 3G talk time)
Desire 816
  • Display 5.5" 720 x 1280 pixels
  • Camera 13 MP / 5 MP front
  • Processor Qualcomm Snapdragon 400, Quad-core, 1600 MHz
  • Storage 8 GB + microSDXC
  • Battery 2600 mAh(21h 3G talk time)

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18 Comments

1. Furbal unregistered

Glad to hear. Just picked one up on Monday! My s5 is boring now. Already rooted and playing with Roms.

2. jaytai0106

Posts: 1888; Member since: Mar 30, 2011

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

4. Commentator

Posts: 3722; Member since: Aug 16, 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.

6. CanYouSeeTheLight

Posts: 1122; Member since: Jul 05, 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...

9. Commentator

Posts: 3722; Member since: Aug 16, 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.

14. VLaRueC

Posts: 189; Member since: Dec 18, 2012

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

3. amats69

Posts: 1527; Member since: Nov 12, 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!

5. Planterz

Posts: 2120; Member since: Apr 30, 2012

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

16. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

And a 3000mah Great Good News

7. twens

Posts: 1156; Member since: Feb 25, 2012

Nice job htc.

10. Lycan155

Posts: 254; Member since: Nov 24, 2013

Good for them :) front boom sound ftw

11. leftheodo

Posts: 108; Member since: Oct 21, 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

12. newbey123

Posts: 696; Member since: Mar 19, 2012

Great job HTC. Welcome back!

15. youlookfoolish

Posts: 192; Member since: Dec 14, 2012

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

17. Arte-8800

Posts: 4562; Member since: Mar 13, 2014

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

18. Slammer

Posts: 1515; Member since: Jun 03, 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.

23. pulkit1

Posts: 354; Member since: Jul 03, 2014

still a great news man .

21. mojtaba_mn

Posts: 268; Member since: Feb 22, 2013

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

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