HTC on Tuesday forecast lower revenue for the second quarter this year, trimming its profit margin guidance at the same time. The struggling Taiwan-based vendor sees revenue falling 16% from the second quarter last year to NT$105 billion, and gross profit margin is expected to slide to 27% from 28.8% during the same period a year earlier. HTC’s anticipated second-quarter revenue represents a 55% improvement over the first quarter of 2012, which saw HTC’s net profit decline sharply to its lowest point since 2006. The vendor’s new One-series smartphones recently began rolling out internationally, and both AT&T and T-Mobile will launch new HTC handsets in the coming weeks. BGR reviewed the HTC One S last week and called it the best smartphone ever to come to T-Mobile, but HTC has its work cut out for it — Apple’s iPhone 4S remains the best-selling smartphone in the world and Samsung will unveil its next-generation flagship Galaxy phone next week, just three days after HTC’s One X goes on sale at AT&T.
HTC sees decline continuing in Q2 as Apple, Samsung dominate smartphones
Updated Dec 19th, 2018 8:24PM 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.
His work has been quoted by countless top news organizations, and he was recently named one of the world's top 10 “power mobile influencers” by Forbes. Prior to BGR, Zach worked as an executive in marketing and business development with two private telcos.
