HTC releases Q3 results, profits continue to slide down

08 October, 2012 | Comments (94) | Post your comment

Tags: HTC, Android, Touch UI

HTC released its unaudited Q3 financial results and the numbers show a net profit of $133.2 million and $2.4 billion in revenues.



Although a positive quarter it shows a serious decline from this year's Q2 when HTC achieved $3 billion in revenues and $273 million in profits. The numbers compare even less favorably to those from the same period of last year - in Q3 2011 HTC managed $4.54 billion in revenue with a net income of $625 million. This represents a YoY slow-down of about 79%.

Things could still pick up for HTC in Q4 as it coincides with the holiday season, the release of the HTC One X+ and the Windows Phone 8X and 8S.

Announcements

Posted Oct 8, 2012

HTC RELEASES UNAUDITED RESULTS FOR 3Q 2012

1.Date of occurrence of the event:2012/10/08

2.Company name:HTC Corporation

3.Relationship to the Company (please enter ”head office” or ”affiliate company”):Head Office

4.Reciprocal shareholding ratios:N/A

5.Cause of occurrence:Taoyuan, Taiwan–Octoboer 8, 2012–HTC Corporation (TWSE: 2498), a global leader in mobile innovation and design, today announces unaudited consolidated results for 3Q 2012. For the third quarter of 2012, total revenues reached NT$70.2 billion. Unaudited operating income was NT$4.9 billion, net income before tax was NT$4.0 billion, net income after tax, excluding minority interest, was NT$3.9 billion, and unaudited earnings per share after tax were NT$4.70 based on 831,227 thousand weighted average number of shares.

6.Countermeasures:None

7.Any other matters that need to be specified:None

Source | Via


 

 

HTC releases Q3 results, profits continue to slide down - reader comments

  • Anonymous

So you say the Snapdragon S4 in the One S is outdated?

  • Reply
  • 2012-10-26 19:38
  • 3Kbq
  • RichGamer

I totally agree with you man! I used to love my iphone 4 because it was the best for a long time, now my One X is already bested by the plus. Im still in school so to have everyone say, "aw youre phone is old, have you seen the HTC One X Plus?&q...

  • Reply
  • 2012-10-16 23:26
  • mxsW
  • pissed>_

the problem is not in their product,it's the way they market them,they should put billboards for their phones in almost every where,shit Samsung even has commercials in Iraq,every fucking where,I just did't see any HTC commercials since the sensation...

  • Reply
  • 2012-10-16 15:45
  • 6vUE