{"id":651173,"date":"2013-04-08T12:46:03","date_gmt":"2013-04-08T16:46:03","guid":{"rendered":"http:\/\/www.talkandroid.com\/?p=157491"},"modified":"2013-04-08T12:46:03","modified_gmt":"2013-04-08T16:46:03","slug":"htc-profits-continue-in-wrong-direction-in-record-setting-fashion","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/651173","title":{"rendered":"HTC profits continue in wrong direction in record-setting fashion"},"content":{"rendered":"

\"htc_logo_400\"<\/a><\/p>\n

Over the past 18 months or so, we have watched HTC’s financial deep dive as it keeps setting record-low quarterly profit numbers. HTC was banking on the HTC One<\/a> leading a rebound<\/a> for the company. That could still happen, but after delays, the HTC One was not able to ship in any meaningful numbers during the first quarter of 2013, leading to more disappointing financial results for HTC. According to HTC’s just released report, net income for the first quarter was NT$85 million ($2.84 million USD), a mere pittance compared to the NT$10.9 billion ($363 million USD) for the same period a year earlier.<\/span><\/p>\n

In addition to yet another disappointing quarter, HTC also missed analysts’ revenue forecasts. HTC was expected to post net income of NT$467.5 million on first quarter revenue of NT$50-$60 billion. Instead, revenues were only NT$42.8 billion. The delay of the HTC One is expected to reverberate throughout 2013 for HTC. Despite opening against the Samsung Galaxy S 4<\/a>, analyst Dennis Chan with Yuanta Securities thinks HTC will experience a rebound in the second quarter. However, that will be short-lived as it will “be very difficult to push on the mid- and low-end phones when HTC launches them in Q3-Q4.” Daiwa analyst Birdy Lu is also skeptical that the recently announced partnership with Facebook will be of much help because Facebook Home will only be sought by “Facebook addicts, and the distribution channel for HTC First is very limited.”<\/p>\n

source: Reuters<\/a><\/p>\n

\nCome comment on this article: HTC profits continue in wrong direction in record-setting fashion<\/a><\/strong>
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Visit TalkAndroid for Android news<\/a>, Android guides<\/a>, and much more!<\/small><\/div>\n<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the past 18 months or so, we have watched HTC’s financial deep dive as it keeps setting record-low quarterly profit numbers. HTC was banking on the HTC One leading a rebound for the company. That could still happen, but after delays, the HTC One was not able to ship in any meaningful numbers during […]<\/p>\n","protected":false},"author":7608,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-651173","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/651173","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/7608"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=651173"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/651173\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=651173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=651173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=651173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}