Q1 results show HP’s massive decline

HTC did not have a bad quarter since 2004. Its quarterly earnings were $ 2.85 million, 98% less than the previous quarter.

Poor results have argued that the supply problems win the HTC phones Star One, which should have been released earlier this year. Regarding accounts a year ago, the fall in revenues was 37% and its operating
margin has remained at 0.1%. In two years, HTC has lost more than 70% of its market value.

Peter Chou, CEO of the company, commitment to recovery One model already agreed with Facebook to be the first mobile (First) in the system include Facebook Home, one Android specific
Facebook subscribers at a price lower than the 100 dollars. But, according to some analysts, the launch of the First is not going to get HTC out of crisis, when it is about to leave the new mobile Samsung and on the low
end, the Chinese ZTE is taking the market.

In one and a half year, there is little arguing to the statement that the market share of HTC has gone from 10.3% to 3.1% worldwide.

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Posted by Farasat Ali on Apr 8 2013. Filed under Sci-Tech. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry