HTC announces 90% drop in profits

A couple of years ago, HTC was one of the most popular smartphone brands in the world but the Taiwanese company has taken a pounding from the likes of Apple and Samsung over the past twelve months.

The writing was on the wall as the company announced fourth quarter net profits of  T$1bn (£21m) – a far cry from the T$11 it was pulling in back in 2011.

The figures are a 90 per cent drop in net profit and well below analysts’ expectations. Many cite the faliure of HTC to deliver a killer handset last year that could take the fight to the likes of the Samsung Galaxy S3 or iPhone 5.

“This time 6 months ago, HTC products accounted for 37% of all mobile related searches on our site and this has now slipped to less than 8%. It is clear that they are falling behind the big brands not only in terms of innovation and design,

Source:t3.com

21 thoughts on “HTC announces 90% drop in profits

  1. This is a great tip especially to those fresh to the blogosphere. Simple but very precise information… Thank you for sharing this one. A must read post!

  2. An impressive share! I’ve just forwarded this onto a co-worker who was conducting a little research on this. And he actually ordered me lunch due to the fact that I found it for him… lol. So allow me to reword this…. Thank YOU for the meal!! But yeah, thanx for spending some time to talk about this issue here on your website.

  3. Your style is really unique compared to other folks I’ve read stuff from. Thanks for posting when you have the opportunity, Guess I will just bookmark this blog.

  4. I truly love your website.. Great colors & theme. Did you develop this web site yourself? Please reply back as I’m planning to create my own personal blog and would love to know where you got this from or just what the theme is named. Many thanks!

  5. I really love your blog.. Great colors & theme. Did you develop this site yourself? Please reply back as I’m hoping to create my very own site and would like to learn where you got this from or what the theme is named. Appreciate it!

  6. Hi there, I think your web site may be having web browser compatibility problems. Whenever I take a look at your site in Safari, it looks fine however, if opening in IE, it has some overlapping issues. I just wanted to give you a quick heads up! Aside from that, wonderful site!

  7. I’d like to thank you for the efforts you have put in writing this site. I really hope to see the same high-grade blog posts from you in the future as well. In fact, your creative writing abilities has inspired me to get my own blog now 😉

  8. An impressive share! I have just forwarded this onto a friend who had been doing a little homework on this. And he in fact bought me lunch due to the fact that I discovered it for him… lol. So let me reword this…. Thanks for the meal!! But yeah, thanks for spending some time to talk about this matter here on your internet site.

  9. Oh my goodness! Impressive article dude! Many thanks, However I am encountering issues with your RSS. I don’t know why I cannot subscribe to it. Is there anyone else getting identical RSS problems? Anyone that knows the answer can you kindly respond? Thanks!!

  10. hey there and many thanks for your information – I’ve definitely gathered anything new from on this site.
    I did so however expertise several technical issues using this website, since I experienced to reload the
    site plenty of times previous to I really could buy it to load properly.
    I was wondering should your hosting is OK?
    Not too I am complaining, but slow loading instances times
    will often affect your placement in the search engines and can damage your high-quality
    score if advertising and marketing with Adwords. Anyway I am just adding
    this RSS to my e-mail and could look out for much
    a greater portion of your respective fascinating content.
    Be sure you update this again immediately.

Leave a Reply

Your email address will not be published.