HTC posts impressive Q1 earnings report

Given the recent problems experienced by rivals including Palm and Motorola, it’s nice to see a little bit of forward progress every now and then. Today’s heart warming story comes to us courtesy of HTC. The company has just posted their 2008 Q1 earnings report, and things seem to be looking pretty good for the Taiwanese manufacturer. The company earned $1.08 billion in the first quarter of this year, which marks a 38.6% increase from the same period last year. Everything isn’t roses and chocolates, however, as they still saw a 16.2% decrease from Q4 of last year, but given the Holiday frenzy we’re inclined to give them a free pass on this one. Nice work, HTC. Now if only some of that success could rub off on those who will not be mentioned.


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