HTC was in the black for February

HTC was in the black for February
Has HTC turned the corner? After struggling throughout 2015 and the first month of the new year, the company reported a profit of $25.09 million for February. That works out to a gain of 3 U.S. cents a share for the month. For the first two months of the year combined, the company reported a loss of 2 U.S. cents a share. The February profits followed a net loss of $37.2 million USD in January. That worked out to a loss of 5 cents a share for the first month of the year. Revenue was $197.4 million USD for January.

The company recently started taking pre-orders for its HTC Vive VR headset, and grossed more than $12 million in the first ten minutes. The company has also started teasing its next flagship, the HTC 10 (M10). The manufacturer is saying that the camera on the back of the phone is "world class."

HTC's beleaguered shares have risen in the last month from $2.44 to $3.61. That's an impressive 48% pop in a short period of time. Whether that has to do with the apparent strong demand for the Vive, or optimism about the HTC 10 (M10) remains to be seen. The shares are a long way from the all time high of $39.62 USD set on April 29, 2011. At that time, the HTC EVO 3D was less than two months away from being released.


source: Digitimes

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8 Comments

1. NoToFanboys

Posts: 3231; Member since: Oct 03, 2015

Please be good HTC 10. It's pretty boring always seeing iPhones and Galaxies everywhere.

2. Adreno

Posts: 755; Member since: Mar 12, 2016

That's the outcome of the over-hyping of Apple and Samsung's marketing. In fact, marketing and publicity is was drives up their popularity and sales. HTC's marketing is pretty low... So is their fanbase as well.

15. KONICHIWA-ANNYONG unregistered

HTC fanboys... don't get it. People (e.g. me) would get an HTC, if it was worth getting. Nope.

12. engineer-1701d unregistered

the 1st pic os not a evo 3d i had the evo 3d after the evo

3. torr310

Posts: 1624; Member since: Oct 27, 2011

I miss the 4 capacitive buttons!

4. Plasticsh1t

Posts: 3091; Member since: Sep 01, 2014

"Noone makes money with Android" Bobbybuster.

6. IAMBLCKJ3ZUS

Posts: 400; Member since: Sep 29, 2015

Technically speaking Sony and Samsung do just not major money like iphone.

5. tiara6918

Posts: 2263; Member since: Apr 26, 2012

Even though I hate and somehow like the design of the leaked m10. I don't know if they'll buy their next flagship

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