HTC sees record revenue in June

By on July 4, 2011 at 9:45 AM.

HTC sees record revenue in June

HTC continued on its warpath toward becoming the No. 4 smartphone vendor in the world last month as the company recorded record revenue of NT$45 billion ($1.55 billion USD) in June. This marks the third straight month that the Taiwan-based mobile giant saw revenue hit a new high, and it was up 10.9% over May. HTC’s second-quarter revenue totalled NT$124.3 billion ($4.2 billion USD), topping the company’s earlier projection of NT$120 billion, and growing 19.43% over the first quarter of 2011. HTC has not yet reported its full earnings for the month of June, but analysts estimate that the company shipped 11.6 million smartphones in the second quarter, bringing first-half shipment totals to roughly 21 million units. More →

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HTC sees record revenue for second consecutive month in May

By on June 9, 2011 at 3:10 PM.

HTC sees record revenue for second consecutive month in May

HTC saw its monthly revenue in May surpass NT$40 billion for the first time in the company’s history. Taiwan Economic News reports on Thursday that HTC’s May revenue came in at NT$40.6 billion, or US$1.6 billion, thanks to continued high demand for its smartphones. Revenue was up 115% compared to the same month last year, and up from NT$38.73 billion last month, which had also set a company record. The cell phone maker’s revenue now totals NT$183.5 billion (US$6.3 billion) through the first five months of 2011, up 145% compared to the same period in 2010. The trend is expected to continue, as analysts project HTC’s June revenue to climb 10% to NT$44 billion. More →

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

By on May 12, 2011 at 2:41 PM.

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

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. More →

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HTC reports record revenue in Q4

By on October 29, 2010 at 8:44 AM.

HTC reports record revenue in Q4

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. More →

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