Friday, August 3, 2012

HTC posts Q2 report, revenue bounces back up from weak Q1

HTC posts Q2 report, revenue bounces back up from weak Q1

The numbers of Q2 are in and it seems HTC have bounced back from a weak first quarter, though the numbers are still down compared to last year. The company is pleased with its performance in Asia, North America and EMEA. Revenues totaled $3 billion, down 26.8% from last year's $4.1 billion but up from Q1 of this year. Operating profit went up quarter on quarter to $273 million, but that's a 57.4% drop compared to Q2 2011. The operating margin was 9%.

During Q2, HTC launched the Desire V for the tree largest carriers in China and thinks it can become a major player on the Chinese market.

GSM Arena , HTC posts Q2 report, revenue bounces back up from weak Q1, HTC posts Q2 report, revenue bounces back up from weak Q1

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