HTC reports less than great Q4 profits

HTC reports less than great Q4 profits

HTC, a name synonymous with popular android hardware, just posted their financial report for Q4 of 2012, and the results aren’t terrific. In a quarter where most electronics manufacturers excel due to the holiday season, HTC announces that they pulled in about $34.5 million in profit out of around $2.7 billion in total sales.

That may sound like a lot to Joe Everyman, but when compared to companies like Apple, Samsung, and others, the profit margin just doesn’t cut the mustard. Fortunately, HTC has taken the first step in fixing the problem by recognizing it exists; The Taiwanese manufacturer has hired a new chief of marketing, and also plans to focus more on design in 2013.

via htc

About author

AndroidGuys
AndroidGuys 4627 posts

Founded on November 5, 2007, we've enjoyed bringing you the latest in Android news and rumors. Updated daily, we strive to deliver reviews, opinions, and updates on all things related to Android.

You might also like

News and Rumors

Pre-Alpha Release of Firefox Mobile (Fennec) Available

A very early look at the upcoming Firefox Mobile “Fennec” browser is now available to Android users thanks to one the developers behind the project.¬† Before you go running off

Featured

AT&T scores exclusive Samsung Galaxy S4 Active

AT&T announced on Thursday that it has scored exclusive rights to the U.S. version of the Samsung Galaxy S4 Active. Priced at $199.99 with a two-year service agreement, the waterproof

News and Rumors

ShopSavvy Spotted on 142 Android Devices, 239 Firmware Versions, and Few BlackBerry Models

Big in Japan recently shared some statistics that put their ShopSavvy app on more than 140 Android phones and a trio of BlackBerry phones. Yep – an Android app on a RIM device. Sounds familiar, no?

24 Comments

Leave a Reply