HTC released its results for the second quarter of 2018 and they don't look good, nor surprising.
In the period spanning April 1 to June 30 HTC made NT$6.8b in revenue (€191m) and an operating loss of NT$3.4b (€99m) and a net loss of NT$2.09b (€82m).
HTC's quarters are looking worse and worse. HTC made NT$6.8b in Q2 this year compared to NT$16.1b in the same period of 2017.
That puts HTC's numbers for the first half of 2018 at NT$15.6b in revenue and NT$8.3b in operating loss.
This is a reduction of 53% over the first half of 2017. So far this year HTC sold off its Pixel division to Google, laid off 22% of its workforce and exited the Indian smartphone market - all signs of a company about to go belly up very soon.
Don't forget Snapdragon 9xxx. Keep dreaming. HTC has been dying since 2012. It's death is long overdue.
It is heartbreaking watching my own country's company fall into the abyss, I loved HTC from the start... I hold my HTC 10 very dearly, and see the potential in my Sony XZ1 HTC may fall very soon... Sony may not be popular, but Sony will stand.....
All comments aside I have one opinion for htc downfall "Weak and poor Marketing" People are complaining for no headphone jack. Here are the facts Apple got rid of headphone jack since iphone 7 and Galaxy 8 had no headphone jack. Samsung did out...