Taiwanese phone manufacturer HTC (TWSE: 2498) has announced its unaudited financials for Q1 2012, the three months ending 31 March.
Revenues were NT$67.8 billion (around $2.3 billion), down 35 percent year-on-year.
Net income after tax was NT$4.5 billion (around $150 million), compared to $513 million in Q1 2011.
It didn't break out shipment figures, but analyst Horace Dediu reckons, on this basis, that HTC sold around 7 million phones during the quarter.
Slip sliding
From a peak of $34 billion a year ago, HTC's market capitalisation has fallen to $16 billion as it failed to refresh its Android phones quickly enough, especially compared to Samsung's Galaxy S range.
However, at Mobile World Congress, it revealed its 1.5 GHz dual-core Tegra 3, Android 4.0-powered HTC One series, which it hopes will regain it some of the lost ground.
[source: HTC]
News
Contributing Editor
A Pocket Gamer co-founder, Jon is Contributing Editor at PG.biz which means he acts like a slightly confused uncle who's forgotten where he's left his glasses. As well as letters and cameras, he likes imaginary numbers and legumes.
Top Stories
News
5 hours, 1 minute ago
King and Flexion partner to bring Candy Crush Saga to App Gallery and more alternative app stores
News
5 hours, 56 minutes ago
Zynga’s Game of Thrones: Legends is open for pre-registrations with a July 25th release date
Feature
8 hours, 18 minutes ago
Mobile Mavens: Are today's everlasting, live ops games holding back new innovation?
Feature
9 hours, 46 minutes ago
The key takeaway from Apple's AI-laden WWDC keynote? It's time to buy a new iPhone
Events
Tribeca Games Festival 2024 | North America | Jun 5th |
Steam Next Fest: June 2024 Edition | Jun 10th | |
WN Conference Istanbul 2024 | Jun 11th | |
GamesForum Hamburg 2024 | Europe | Jun 11th |
ESI London 2024 | Europe | Jun 13th |
Game Con Canada (GCC) 2024 | North America | Jun 14th |
Indie Dev Play 2024 | Europe | Jun 14th |
DevGAMM Vilnius 2024 | Europe | Jun 14th |
Popular Stories
Interview
Jun 5th, 2024
A galaxy far, far away… Why Star Wars: Hunters took six years to hit the target
as
Feature
Jun 3rd, 2024