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HTC unaudited 2010 revenues up 93% to $9.5 billion

Q4 sales up 153%

HTC unaudited 2010 revenues up 93% to $9.5 billion
Having fully backed the year's biggest emerging platform in Android, as well as supporting Microsoft's Windows Phone 7, it's no surprise that mobile OEMs HTC [TPE:2498] has posted some very impressive initial financial numbers for 2010.

Not yet officially unaudited - so there's some potential for change - nevertheless, total consolidated revenues for the 12 months was $9.5 billion (NT$278 billion), up 93 percent year-on-year.

Total unaudited net income after tax was $1.3 billion (NT$39 billion).

During 2009, HTC shipped 11.7 million devices, with revenue of NT$144.5 billion, and a gross margin of 32 percent.

The last quarter

HTC is waiting for its Q4 results to be audited before providing more detail and analysis; something it will do in a webcast on January 21.

In terms of its Q4 performance, total consolidated revenue was $3.5 billion (NT$104 billion), up 153 percent year-on-year

Total net income after tax for the quarter was $499 million (NT$14.6 billion)

[source: HTC]
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.