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iPhone 4S launch helps end HTC’s record revenue run

HTC has been on a tear this year, registering month after month of record revenue thanks to strong demand for its Android-powered smartphones. The Taiwan-based vendor saw six straight months of record revenue until October, when it recorded revenue of NT$44.11 billion, a 2.8% dip compared to September. Revenue was up 36% over October 2010, however. Apple’s iPhone 4S sold more than 4 million units during its launch weekend alone following the device’s release on October 14th, and while the new Apple smartphone may have had some impact on sales of HTC phones, the company had already issued light fourth-quarter guidance during its third-quarter earnings report. HTC clarified on Monday that fourth-quarter sales would grow between 20% and 30% compared to the same quarter last year, but would decline from the NT$135.8 billion reported last quarter.

Zach Epstein

Zach Epstein has worked in and around ICT for more than 15 years, first in marketing and business development with two private telcos, then as a writer and editor covering business news, consumer electronics and telecommunications. Zach’s work has been quoted by countless top news publications in the US and around the world. He was also recently named one of the world's top-10 “power mobile influencers” by Forbes, as well as one of Inc. Magazine's top-30 Internet of Things experts.

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