Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Wednesday, 25 April 2012 08:19

HTC’s earnings slump in Q1

Written by Nedim Hadzic

htc

Second consecutive quarter

HTC’s financial report claims that the company’s business operations took a hit in Q1 2012 for the second consecutive time.

The company’s consolidated revenues for Q1 2012 stand at $2.29 billion. The gross margin was 25.03 percent, which is a 2.08pp on-quarter drop and 4.22pp on-year drop.

HTC’s CEO Peter Chou attributed the drop to strong iPhone 4S competition in the US. Chou confirmed that the company will launch its LTE and HSPA+ supporting, One-branded smartphones via AT&T and T/Mobile as well as LTE supporting EVO with Sprint Nextel in Q2.

Although the LTE and HSPA+ charge should increase the company’s market share in the US, Chou conceded that it is impossible for HTC to retake the dominant market share it once had there. On the other hand, the company has done quite well in Europe and Asia and expects further growth in these regions, particularly China. 

More here.


Last modified on Wednesday, 25 April 2012 09:01
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments