After the iPhone 4S announcement shares of HTC rose a bit in a down Taipei market yesterday, a tribute to the investors' thinking that HTC will have more chance to sell its high-end smartphones now.
The company just released its unaudited Q3 results, and announced profits of $609 million - a 68% increase from Q3 2010. Only a 6% increase, however, compared to Q2, but still a pretty strong performance, considering its purchase of S3 Graphics for $300 million last quarter, the royalties it started paying Microsoft for the use of Android, and the ongoing patent feud with Apple.
Investors are more worried about the Q4 guidance, which, with the 2011 edition of the financial crisis raging in Europe, might hurt sales more than anything else. Indeed, reports in August claimed that Apple, HTC and others are cutting back on orders because of the expected global slowdown, but we'll wait until HTC posts its official guidelines for the holiday quarter.
Analysts say that the margins are going slightly down, which we confirmed firsthand when we compared last quarter's performance of the eight major manufacturers, but the increased expenses are possibly going into the development of new models.
Daniel, a devoted tech writer at PhoneArena since 2010, has been engrossed in mobile technology since the Windows Mobile era. His expertise spans mobile hardware, software, and carrier networks, and he's keenly interested in the future of digital health, car connectivity, and 5G. Beyond his professional pursuits, Daniel finds balance in travel, reading, and exploring new tech innovations, while contemplating the ethical and privacy implications of our digital future.
Recommended Stories
Loading Comments...
COMMENT
All comments need to comply with our
Community Guidelines
Phonearena comments rules
A discussion is a place, where people can voice their opinion, no matter if it
is positive, neutral or negative. However, when posting, one must stay true to the topic, and not just share some
random thoughts, which are not directly related to the matter.
Things that are NOT allowed:
Off-topic talk - you must stick to the subject of discussion
Offensive, hate speech - if you want to say something, say it politely
Spam/Advertisements - these posts are deleted
Multiple accounts - one person can have only one account
Impersonations and offensive nicknames - these accounts get banned
Moderation is done by humans. We try to be as objective as possible and moderate with zero bias. If you think a
post should be moderated - please, report it.
Have a question about the rules or why you have been moderated/limited/banned? Please,
contact us.
FCC OKs Cingular\'s purchase of AT&T Wireless
Things that are NOT allowed: