HTC reports record revenue in Q4

By on Oct 29, 2010 at 8:44 AM
General October 29, 2010

HTC reported a record quarter Friday as its 2010 smartphone shipments were more than double the previous year. HTC saw record revenue in Q4, topping $3.3 billion on shipments of 9.9 million units. The company reports that it shipped almost 25 million total units in its fiscal 2010. HTC, which went public just three years ago, has quickly built a smartphone empire on the back of Google’s Android operating system. HTC is now expanding to also build smartphones powered by Microsoft’s new mobile OS, Windows Phone 7, but it will continue to use Android as its main operating system. “We believe the overall pie is still big enough to have at least three to four tier-1 players enjoy the growth momentum,” the company said in a statement. Clearly, HTC has no plans to relinquish its place among those tier-1 players.

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17 Comments

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  • Norm

    This is mostly due to the DROID INCREDIBLE, which is the best selling phone of all time. 38 days straight battery life with heavy usage on a single charge. I can also run 40+ apps at a time with zero lag.

    • slammer

      I question your perception of the Incredible being “The best selling phone of all time”. However, I do love HTC and have consistantly purchased thier products. I support their direction in offering a great product in a very reasonable price point. I welcome this news and find it to be no surprise. This is a company I have suggested 5 years ago, for individuals to watch. It is nice that HTC has not proved me wrong.

      I currently own an Evo. It is hands down, the best phone I have ever touched. It has performed flawlessly on all levels of my business and leisure practices.

      Go HTC!

      John B.

      • Perspective

        Dude, Norm’s comment was sarcastic hyperbole. “Best-selling phone of all time”, “38 days straight battery life with heavy usage on a single charge” and “40+ apps at a time with zero lag” are your other clues.

      • PAPINYC

        Dudes, that’s Walterrrrr making that claim. He only feels that way about the Incredible because he can’t get the EVOOO on Verizon. He used to be as defensive about his Motorola Droid 1, until he upgraded to an HTC a couple of months ago; he now knows what a REAL smartphone is without having it Motoblurried. Walterrrr, we appreciate you but, as an EVOOO owner myself and someone who’s managed to hold on to my grandfathered Verizon Unlimited Data plan for Smartphones (sans voice requirement) for $49.99 plus corporate discount, while I consider the HTC Incredible a great phone, I will always consider it as the Mini-EVOOO (like Mini-Me in Austin Powers). If Verizon releases the rumoured HTC Incredible HD on November 23rd, then we can talk.

        BTW, Sandy S Schwartz is out of Kotex.

      • Steve Jobless
  • TheNewReign

    Strange, with them supposedly doing so well, wouldn’t they be higher up as far as world vendors go?

    http://blogs.computerworld.com/17253/apple_hits_top_five_handset_makers_sales_up_90

    Sure they were beaten by RIM and Apple but LG, seriously???
    And where is that other HUGELY successful Android supplier Motorola?

  • Logicknot

    dude all those LG rumours

  • Jason

    This is good news! It means Android IS a viable platform for OEMs to make money on, and means Google et al will continue to push everyone else to make even better phones! I am a huge apple fan but innovation must be driven by profits and viability and its good to see someone other than Apple and Microsoft going to the bank.

  • Freddyg

    Speaking of HTC, love the Inc.

    But when will VZW get off the schnide and release the Inc HD? I see Nov. 23rd as the date, anyone have any concrete proof, or at least and Rumor Updates???

    That sucker looks like a home run

  • Freddyg

    My fear also is that a VZW iphone will derail a ton of the progress the droid OS is making, as the Apple fan boys will flock to VZW for the network coverage, especially since the one major knock on the iphone is ATT

    • Perspective

      The Verizon iPhone will be a huge hit, but you need to re-think your comment. “Apple fan boys”(sic) aren’t going to grow iPhone’s market share, since they likely already have iPhones. After all, why would a “fanboy” let ATT get in the way of their purchase? Next time, you should think, then write.When you do it in reverse order, the results are tragic.

    • PAPINYC

      ‘Apple fan boys will flock to VZW for the network coverage’ ???

      While I think that part of your statement is founded on actual public polls and is true to fact, the rest of your comment needs serious review and consideration.

      Firstly, the iPhone has a few major knocks aside from the only U.S. carrier offering it (a.k.a. Cingular); it has a closed OS, meaning Open Development not allowed; it does not allow memory storage upgrades, you buy 16GB and you’re stuck with 16GB; it does not have a removable battery; EVERYTHING has to be done through iTunes, even if your phone is unlocked and jailbroken; and, those are just some basics.

      Those AT&T/Cingular customers looking for better coverage will absolutely flock to Verizon but, I seriously doubt that anyone using a high-end HTC Android Smartphone will settle for Apple’s “closed and controlled” software or hardware. BTW, I’ve had both Apple and HTC and, I can say without reservation that I like and prefer HTC.

  • Monique

    Have a Droid Incredible, love it…had the OG Moto Droid and the INC definitely outperforms it…although the INC’s battery life leaves much to be desired…but I think I will continue with using HTC’s phones, love the hardware and I really do like the Sense UI (can’t wait for the new Sense)

  • CleanGene17

    Are you sure you mean Q4 and not Q3?

    • Perspective

      Many companies use a fiscal year that begins October 1. For these companies, the quarter just ended would be Q4. On the other hand, if a company’s fiscal year starts January 1, this last quarter would have been Q3.

    • GT

      It might be HTC’s fiscal Q4. That is of course different to the years Q3.

  • MicroNix

    Glad to see Android pulling HTC and Moto to greater viability. Again, we see another article talking how Android is boosting hardware companies right in the face of everyone that said this model is not profitable or sustainable. With the fat profit margins Apple has on the iPhone, anyone should be able to compete for the same price point and still make a decent profit. Now if Apple shifted to a slim profit margin, then I’d worry about the ability of the smaller companies to compete, but as long as they are continuing to put in the same money into hardware as everyone else and stuffing their pockets with the rest of the cash, competition should remain healthy.

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