HTC Studies Slim $19.7M Revenue For Q3 2014 As Its Rebuilding Efforts Proceed

HTC Reports Slim $19.7M Profit For Q3 2014 As Its Rebuilding Efforts Continue

Issues appear higher for HTC today, after the Taiwanese telephone firm eked out a slim $19.7 million (NT$zero.6 billion) revenue for the third quarter of 2014. That determine represents a drop on the earlier quarter’s $seventy five million revenue, however is an enormous enchancment on October 2013, when it suffered a $102 million loss in its first adverse quarter as a public firm.

HTC’s income dipped in Q3 2014, although. The agency recorded $1.38 billion (NT$forty one.9 billion) in gross sales, down from $2.17 billion within the earlier quarter. Regardless of the fluctuation, HTC says that its prime-billed HTC One (M8) and mid-vary Want line-up spent the final three months “holding their very own or increasing their markets regardless of stiff competitors.” The corporate didn’t present precise gross sales or cargo figures, nevertheless.

HTC definitely has loads of irons within the hearth proper now after refocusing its technique following successive quarters of declining income, which culminated in that internet loss final yr.

The One (M8) is out there in Android and Home windows Telephone flavors, it put the give attention to selfies (see what I did there?) with the brand new Want Eye and its thirteen-megapixel entrance-dealing with digital camera, its Want 820 was the primary Android telephone to help a zippy sixty four-bit processor and it has a new attachable digital camera on your smartphone too. Then there’s the software program aspect of issues: HTC launched its Zoe photograph app for Android and has plans to deliver it to iOS.

The Taiwanese agency is predicting that it’ll spherical off the yr with $1.38 billion – $1.fifty five billion (NT$forty three billion to NT$forty seven billion) in income for its ultimate quarter, with earnings per share of NT$zero.07 to NT$zero.forty six.

Let’s see if its units can maintain tempo with new arrivals like Apple’s iPhone 6 and iPhone 6 Plus, and Samsung’s Notice four; to not point out Xiaomi, LG and Lenovo — every of which is on the up.