News: HTC’s unaudited Q1 2012 financials look disappointing

HTC’s unaudited financial results for the first quarter of 2012 has hit and no surprises there as HTC and analysts have warned to lower our expectations.

Revenues for the first quarter were down 35% from the same time last year to U$2,3 Billion. Profits were down to U$151 Million and operating income down to about U$153 Million. No statistics on the number of devices sold nor anything else for that matter, but official numbers and details should appear by the end of the month.

HTC has been struggling for a while now and it’s yet to be seen if their new One series can make a turnaround for the ailing company.

Source

Dion

Oh look, another post! Feel free to comment, I like criticism!

Recent Posts

SENS MJ 2 Neckband Review

SENS, a new wearables company in India launched a handful of devices in the country.…

2 years ago

Truke Buds F1 True Wireless Earbuds Review

The true wireless earbuds market is growing rapidly in India. Truke, a German brand with…

3 years ago

Jabra Elite 4 Active True Wireless Earbuds Review

Jabra has been one of the leading brands in audio peripherals since the company’s outset…

3 years ago

Nokia C01 Plus Review: The Budget Smartphone For Everyone!

The entry-level price segment i.e the price bracket under Rs. 10k has not seen much…

3 years ago

Infinix Smart 6 Review: The Best Value For Money Smartphone

Infinix is well known for launching a budget range of smartphones in India that offer…

3 years ago

Technology Trends That Impact Business Communication

Running a business requires more than just financial solid and customer relations. To successfully grow…

3 years ago