HTC posts stellar quarter; revenues up 104%, 12.1 million handsets shipped

mobile

HTC posted impressive second-quarter results on Friday noting that its profit of NT$17.52 billion was up 104% year-over-year and up 19% over the first quarter. The Taiwanese phone maker’s shipment total of 12.1 million devices during the quarter was up 24% year-over-year and 25% quarter-over-quarter. The company also noted that it shipped a total of 21.8 million devices during the first half of the year, a big jump from the 8.7 million it shipped during the first half of 2010. HTC noted that much of its growth came from the Americas, Europe and Asia. The average selling price of an HTC smartphone is currently $349, down from the average price of $359 last quarter thanks to new entry-level handsets. HTC expects its third quarter revenue to jump 10% quarter-over-quarter and 90% year-over-year, and plans to sell “around” 13.5 million handsets. Read on for a link to the PDF of HTC’s second quarter results.

Read [PDF]

36 Comments
  • http://www.droiddoes.com/ Norm

    Finally! Non-crApple news. HTC has taken over and it’s all because of DROID OS! These numbers are far more impressive a well

    • Anonymous

      OMG, you read my mind.  I read this story and thought, “everyone including Fortune, Barron’s, Bloomberg, et al, reported Apple so excitedly, when THESE are real results, not Apple’s crappy numbers!”  It’s obvious to me that all these other publications don’t have a clue of what a successful company is and don’t get me started on the “analysts”!  They give Apple a “strong buy” rating???  What the heck is that.  Obviously it should be SELL SELL SELL!!!! Apple is a bad company with bad products and bad management. It’s an embarrassment to American industry!

    • http://www.youtube.com/jeromeo1980 Jeromeo

      ‘…much of its growth came from the Americas, Europe and Asia.’
      Okay, so excluding Antarctica, much of its growth came from planet Earth.

      • Someguy

        I was thinking the same thing. 

  • Itguy247

    how many returned?

    • Anonymous

      About 7 million. I know I returned one.

  • Bringit

    HTC is great at shipping.

    • http://www.20b.org/rickroll.html Laurențiu Roman

      …great phones. :)

      • Bringit

        …we all have different standards of great.

  • Anonymous

    Same thing you see with all
    Android manufacturers. Shipping more handsets but dropping ASP’s. It’s a race to the bottom. Android will be dead in two years.  true story™©®

    • Daithi

      Motorola was struggling before Android came along. In fact it was largely due to sales of Android handsets that Motorola became marginally profitable towards the end of last year and start of this year.

      LG’s major losses were in flat panel sales (common theme at the moment – Samsung’s TV business is losing money too). Their handset business has improved markedly. Which you would know if you bothered to read more than the headlines.

      HTC’s profits have gone through the roof in the last year as a result of their Android sales, so that point alone proves you wrong.

      Apple fans tend to be quite ill-informed, I’ve noticed.

      • Anonymous

        Lol. I did look into the financials. Both companies mobile divisions are LOSING money. Maybe u should recheck LG 2011 2nd quarter and when u see a loss for the handset division u will shut the fuck up dumbass  true story™©®

      • Anonymous

        HTC is doing well for now. Converted dollars is about 4.5 billion revenue and 500 million profit but they are still operating at about 12% profit margin. Who knows how much losing to apple will cut from that.

      • Anonymous

        uhm, none? First of all it only got blocked initially, aka HTC still can appeal and get those patents removed for being generic. Second of all HTC has the upper hand as they has S3 Graphics patents which can ban not only iphones but macs as well.

        And lastly, 12% profit margins is not that bad for a large company. The economy is getting worse and worse by the day, and cheaper items(due to companies taking smaller profit for themselves, not lose of quality) become more and more attractive to consumers.

      • Anonymous

        Lol. U r soooo uninformed. Check the S3 patents again. They were ruled to NOT include ANY iOS device and ONLY macs with intel gpu’s not nvidia gpu’s. And I’m hearing the S3 patents were ruled invalid by the patent office after the ITC ruling. Not sure if this is true. Anyways HTC in no way has the upper hand.  true story™©®

    • Stfu

      Obviously this guy is a fucking idiot and mad that apple is currently shit and will be dead in two years.

      • Anonymous

        2 years!  2 YEARS????  Try two weeks buddy!  THAT MY FRIEND IS A TRUE STORY!

    • http://pulse.yahoo.com/_ZGKWDCZLXDOE5ANIPQAX2A7ZYI Meredith Stokes

      I just paid $22.87 for an iPad2-64GB and my girlfriend loves her Panasonic Lumix GF 1 Camerathat we got for $38.76 there arriving tomorrow by UPS. I will never pay such expensive retail prices in stores again. Especially when I also sold a 40 inch LED TV to my boss for $675 which only cost me $62.81 to buy. Here is the website we use to get it all from, WildCent.çom

  • Anonymous

    LMAO @ 12.1 million phones shipped! lol! Start reporting sales figures! No one wants to know how many of your devices are sitting on store shelves. These Koreans think that the buyers are the same “dumb” consumers from the ’90s that would buy anything & not complain about it! Times have changed. Today’s consumer wants quality products with reasonable pricing. Not cheap plastic that has no real shelf or road life. 

    • Daithi

      Yeah. Nobody is buying them. That’s why their profits are increasing every single quarter. Because they’re shipping millions of phones that nobody wants. And they’re shipping them to sellers who just love having shelves full of unsold phones – so much so that they keep ordering more every quarter.

      You just blew this case wide open, buddy. Well done.

      HTC is Taiwanese, by the way. Not Korean.

      • Anonymous

        Well, damn Daithi.  You just took off your belt, and smacked him on the mouth.

        Don’t be surprised if SBMobile calls the authorities and claims to have been assaulted.  

      • Daithi

        It’s the only way they learn.

      • Anonymous

        You give them too much credit. In order to learn one must possess an adequate amount of intelligence. SBM’s brain stopped maturing at age 10, hence his penchant for stupidity and false laughter (i.e. littering his posts with “LoL, LMAO”).

      • SBMobile

        Luckily I live in the real world that has Google. HTC just reported their quarterly figures & decided not to report sales for phones or tablets (big surprise). They’re obviously embarrassed by their tablets sales & how a number of multiple phones can’t sell more than 2 iPhones (20M+, in just 3 months). When HTC drops Android, goes to WP7 & is out of mobile in a few years, I’ll be waiting for your response. Did I mention that HTC is doing so well that their profits have fallen 18%!? I’ll let you go back to your daydreams where Apple isn’t on top! Later.

    • Anonymous

      LOL, HTC is a Taiwanese Co. not Korean, It’s OK for the mistake, they look the same anyway

  • Anonymous

    All companies report “shipped” numbers.

    • Anonymous

      Actually all companies do announce shipped products but companies doing well also announce channel inventory as well.

      Last week Apple reported 20.34 iPhones sold with just over 5 million riding the channel.
      They also shipped 9.25 million iPads with 1.05 million channel surfing.

      When you are not doing as well as expected or want to make it appear you are doing better than you are you don’t give breakdowns by OS and you don’t give sell through numbers.

      Rim at one time gladly gave sell through numbers but now does not.

  • Anonymous

    They have to sell 2 devices to match the revenue of one iPhone. Ouch.

  • Anonymous

    Very nice quarter. BUT…. All the major players have posted their relative quarters. Apple, samsung, RIM, HTC, Sony Ericsson, LG, Nokia and Motorola. The global mobile industry profit shares are in.
    Apple-66%
    Samsung-15%
    RIM-11%
    HTC-7.4%
    nokia, motorola and LG all LOST money.

    Apple will rule the world.  true story™©®

    • ScroatIsAMoron

      they will rule the world because you are over paying for their products to swell their bank account. Yeah….ok

      • Anonymous

        Funny. I paid 199 to get the iPhone on contract. Most of the high end androids sell for same price. Mind u a few days later they discount them because they are unwanted pieces of shit.  true story™©®

      • Anonymous

        Btw. I own 200 shares of apple. Average price of about $240. I’m loving it. Every cent I have ever paid to get an Apple product was money Apple earned for me anyways.  true story

      • Sackbauer

        I have HTC shares. I got my cell plan payed from HTC for 2 phones for 3 years, and get 2 new devices each year…

  • http://rmbo47.myopenid.com/ rmbo47

    So now it’s time for HTC to quit crying, put on their big-girl panties, and settle up with Apple. Then move on.

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    • Jack Makokov

      Here’s what siteadvisor says about your “good fashion stuff” website:

      Scam from China selling copyright infringing items. Either you get some low quality junk, or they just steal your money.

      But I’m sure that’s just a typo.

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