HTC turns in first profitable quarter in a year

HTC turns in first profitable quarter in a year

At this point we could say HTC is used to losing money. They make great devices and yet the are unable to turn profit by selling them. Q2 was finally a successful quarter for the company, they turned first profit this year.

HTC’s revenue in Q2 was NT$65 billion ($2.17 billion) out of which they got NT$2.26 billion ($75 million) in profit. They actually had lower revenue this year than they did last year in the same period, but that’s quite normal considering they cut unnecessary costs. Besides, their net profit is higher. We hope HTC will continue turning profit in the coming months, but we’re afraid that won’t happen. We assume HTC One (M8) boosted their profit in Q2 quite significantly considering its been praised all around and has been recognized as one of the best phones this year.

Do you think HTC can keep the momentum going?

Source: HTC
Via: The Verge

About author

Kristijan
Kristijan 174 posts

Please forgive any grammatical or syntax errors as English is not my primary language.

You might also like

News and Rumors

Meet Capta, the Tripod Mount, Stand and Cable Management Hybrid for Your Android Phone

We just learned of a new Kickstarter project that we’d really love to see come to fruition.  The product is called Capta and it’s all-in-one design that combines a tripod

News and Rumors

Android 5.0 Lollipop Upgrade Watch

Wednesday was a big day in the Android world, as Google announced the biggest update to Android ever: Android 5.0 Lollipop. While this is great news for Android enthusiasts, the

Reviews

5 reasons you should be excited about Android 5.0

You may be under the impression that Android 5.0 Lollipop is just another software update from Google. And, to the undiscerning eye, that might be true. Sure, apps look a

2 Comments

Leave a Reply