HTC’s April revenue balloons 113% to hit record high

Business

HTC’s revenue in April 2011 hit a record high, Taiwan Economic News reports. The publication cites a financial statement from HTC in claiming the smartphone maker saw revenue in April grow to NT$38.729. Equivalent to approximately $1.35 billion USD, HTC’s April revenue was up 4.5% sequentially and up over 113% compared to April 2010. Aggregate revenue over the first four months now totals NT$142.885, up 154% over the same period last year. The company said continued strong sales of devices like the Desire HD played a large role in helping HTC achieve the new record, and heavy shipments of newer phones like the Incredible S and Desire S  should keep revenue up through the remainder of the quarter. HTC projected second-quarter revenue of NT$120 billion on smartphone shipments of between 11 and 11.5 million units when it reported its first-quarter earnings last month.

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25 Comments
  • Anonymous

    Another pro apple article by bgr?

    • BlindFanboy

      Yes! Enough of this already!!

  • Scott

    Come on HTC! Make another Nexus to replace my N1.

    • http://www.facebook.com/people/Edmond-Chou/598254704 Edmond Chou

      +1. I don’t want any samsung crap

  • http://twitter.com/llckll Charlie Kim

    HTC comes out with a new phone weekly. That’s why.

    • Anonymous

      Seems to be working out for them

    • http://www.droiddoes.com/ Norm

      Sorry that DROID offers choice. You must be an iPhone user. lol

      • IamEzio

        no ,”droid” offers fragmentation

      • Droidman101

        It doesn’t matter anyways with fragmentation.
        Google will solve that with ICS.

    • Anonymous

      So offering a wide range of products is a bad thing?

  • Bringit

    In related news, Taco Bell has seen impressive growth.

    • Anonymous

      I guess that makes Apple just like McDonalds then.

      • Bringit

        wrong guess.

      • Steve Hillshire

        Awe, Flingit got *burned* on his usual bullshit statement and that was the best he could retort? Must be too busy with the Flipits of Mickey D’s burgers. When you going to get things right and fetch me my fries boy?

      • Bringit

        @82636ea1a5daf7d66d16ffcc621e4c62:disqus  my retort was correct, sorry if it’s not as catchy as your racist “fetch” and “boy” comments.  Fries come with every Android “purchase”.  Am sure you have plenty to eat in your moms Kia.

      • Steve Hillshire

        Since when is that comment “racist”?  I hate it when people pull the race card stupidly.  Grow up and keep practicing flipping those burgers.

      • Bringit

        @82636ea1a5daf7d66d16ffcc621e4c62:disqus  in addition to being racist, you clearly are an idiot.    Step and Fetchit was an old movie character showing stereotypical racist things.  ”Fetch” has become a common racist term from that.    ”Boy” has long been a racist slur – especially in your case when acting like someone who works at McDonalds is below you by saying “fetch me my fries boy”.  
        But keep hiding your blatant racism behind ignorance and stupidity dumb ass.

      • RDiddy

         @82636ea1a5daf7d66d16ffcc621e4c62:disqus those are typical racist words, have to say. those are typical racist words, have to say.

  • http://profiles.google.com/dmatthews85 David Matthews

    HTC….quietly ballin

  • Anonymous

    Wait. I thought the average iPhanboy said that the Android operating system didn’t make phone manufacturers any money…?

    • Anonymous

      HTC never breaks down shipments or releases audited quarterly reports. There is much more to their business than Android phones.

      • Steve Hillshire

        “The company said continued strong sales of devices like the Desire HD
        played a large role in helping HTC achieve the new record, and heavy
        shipments of newer phones like the Incredible S and Desire S should
        keep revenue up through the remainder of the quarter.”

        So I guess that’s not enough for you huh? Come on iFanboys, Android is not a sustainable model for hardware manufactures!!!! They will all die from each other and can’t possibly post positive revenues. Only apple can post profits because they are it.

        Watch, the only reply here will be typical…”apple is smoking them all and on their way to a trillion dollar company” which isn’t the topic/question here, but will be the only retort the geniuses will be able to come up with.

      • Anonymous

        That’s a statement that contains no financial information. Even these monthly numbers they release haven’t been audited. Some of their quarterly statements don’t even include the number of devices shipped.

        HTC is a profitable company, but there are 36 OEMs (from Google’s own announcement). Holding up one company and claiming victory for Android as a business model while ignoring the troubles witnessed by others is rather biased.

        It would also help the argument if HTC didn’t bury Android underneath their own UI layer.

      • Steve Hillshire

        So besides actual numbers, you don’t believe anything HTC just said there, huh? Unless there’s figures, what they said means nothing?

  • http://www.destructoid.com/elephant/?t=PS3 Playstn-3000

    High Tech Computers > apple

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