HTC (2498) saw a much-needed boost from holiday sales in November, but the sequential increase wasn’t substantial enough to stop the firm’s continued decline in 2012. The Taiwan-based smartphone vendor announced on Thursday that sales for the month of November totaled NT$21.23 billion, equal to roughly $732 million. The typical seasonal boost ahead of the holidays pushed revenue up 23% from NT$17.2 billion in October but sales were off more than 31% compared to November 2011, the month after HTC’s record revenue run came to an abrupt end. HTC’s total unaudited consolidated sales from January through November 2012 total NT$267.5 billion, equal to just over $9.2 billion.
HTC revenue grows in November but still down 31% from last year
Published Dec 6th, 2012 7:40AM EST
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Zach Epstein has been the Executive Editor at BGR for more than 10 years. He manages BGR’s editorial team and ensures that best practices are adhered to. He also oversees the Ecommerce team and directs the daily flow of all content. Zach first joined BGR in 2007 as a Staff Writer covering business, technology, and entertainment.
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