HTC

HTC's Q3 reports favorable - slight profit, but looks good after a series of losses

HTC's Q3 reports favorable - slight profit, but looks good after a series of losses
HTC has released its business report for Q3 2014 and it seems rather favorable, considering the series of losses the company endured last year. The report says that the One (M8)'s momentrum continued over from Q2, still selling well despite the cut-throuat competition, while the mid-range Desire 816 and Desire 820 "solid sales" in Asia as well.

HTC's revenue for the quarter is close to $1.4 billion, with a net profit of $19.7 million. Sure, that's not an extreme income, but at least it's not on the negative side. The company also predicts that its revenue will be slightly bigger next quarter – between $1.41 and $1.54 billion.

HTC has done a lot this year to ensure that it gets noticed. It partnered with Microsoft to release a Windows Phone version of its otherwise-Android-toting flagship device, which was a notable event, as manufacturers had long steered their premium devices away from Windows and there was (and still is) a shortage of flagship phones to represent Redmond's OS. Later, the company sought to bring innovation to the field handset camera usage, starting with the ZOE photo-sharing app, the reveal of selfie-centered phablet – the Desire EYE, the software update to bring all the newest camera features to older flagships – EYE Experience, and the peculiar and rather risky RE camera. HTC also struck a deal with Google to produce the latest and greatest Nexus-branded tablet.

How well the Nexus 9, the REcamera, and the Desire Eye will do remains to be seen. The next couple of months will show us whether fate has just given HTC a temporary break, or if the company has actually devised a successful strategy and turned its course around.

Will you be crossing your fingers for HTC?

source: HTC via Engadget

FEATURED VIDEO

10 Comments

1. android_hitman unregistered

They really don't have a good product. Period. They also don't have a product for the Holiday season, probably their new flagship will be on sale in April.

5. Finalflash

Posts: 4062; Member since: Jul 23, 2013

They should maybe stagger their release a bit with a Max and Compact in the winter time, with a mainstream phone in spring as it is currently. That would help them stay relevant hardware and presence wise.

8. CanYouSeeTheLight

Posts: 1122; Member since: Jul 05, 2012

You forgot a very essential part of your comment, "in my opinion".

2. xperiaDROID

Posts: 5629; Member since: Mar 08, 2013

Go HTC! 加油!

3. gaara6775

Posts: 738; Member since: May 20, 2014

Hope you have a very bright future. Hope you regain the supremacy you once had. Would love to see sd810/tegra k1 in your next flagship with a Sony imx#### sensor (with ois).

4. mercorp

Posts: 1045; Member since: Jan 28, 2012

Now make more value for money budget handsets,and htc will be even better.

6. HugoBarraCyanogenmod

Posts: 1412; Member since: Jul 06, 2014

I managed to sold thousands of desire 816, but the one m8 is so hard to sell considered with the premium price.

7. newbey123

Posts: 698; Member since: Mar 19, 2012

Good job HTC. Keep you the good work!

9. foreverjin08

Posts: 73; Member since: Sep 10, 2013

My first Andorid phone, HTC G3 Hero, the game-changer, makes me always wish to have another HTC phone. HTC is now the only manufacture that can provide us with smartphones in a fancy design. However, they have to produce smartphones that meet customers' needs instead of their needs. As long as they are clear about this point, their revival is only a matter of time.

10. Tolooei

Posts: 32; Member since: Oct 24, 2014

HTC M8 & Nexus 9 is Better ...

Latest Stories

This copy is for your personal, non-commercial use only. You can order presentation-ready copies for distribution to your colleagues, clients or customers at https://www.parsintl.com/phonearena or use the Reprints & Permissions tool that appears at the bottom of each web page. Visit https://www.parsintl.com/ for samples and additional information.