HTC first-quarter profit triples, thanks to Android

There is no doubt that HTC is one of the leading mobile phone brands in the world. They have created some amazing handsets like HTC Desire, HTC Hero and many more. In 2008, HTC and Google officially launched the first ever Android powered handset in the market which is known as the G1, a.k.a HTC Dream. They launched a lot of Android handsets and they are still hard at work on pushing the envelope when it comes to Android.At the moment, Android is the backbone of HTC mobile industry and it was proven on Friday when HTC reported their Q1 2011 earnings. Industry changing  Android phones like the EVO 4G and Thunderbolt helped HTC to achieve a profit of $511 million (NT$14.83 billion) and analysts were expecting that they will achieve NT$12.99 billion.  Coming in well above projections. HTC’s Q1 revenue grew 174% to NT$104.2 billion which is just amazing and analysts are saying that Android will help HTC to grow up to 20% in the Q2 of 2011.

Here is to seeing what HTC can come up with in the future!  Something “quietly brilliant” perhaps?

Source: BGR

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Asad Rafi
Asad Rafi 725 posts

Back in 2011, Asad started as an intern at AndroidGuys, and today he is one of the youngest and active members of the team. He's writing about Android from almost 4 years, and when he is not doing that, he is either watching Suits, Breaking Bad, watching a Manchester United game, or just studying..

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