samedi 7 juillet 2012

Results: HTC, supplanted by the competition, missing its goals


Translated with Bing :
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New quarter and new disappointment for HTC whose turnover back 27% and profits by 57%.

HTC had warned a month earlier. This is confirmed. It has not achieved its aims of results in the 2nd quarter. Between April and June, the Taiwanese manufacturer made 3.04 billion in sales, down 27% on a year.

The quarterly net profit of HTC plunges him 57% from 2011 to $ 247 million. For the constructor, this poor performance repeated (after an already disappointing Q1) is explained by lower than forecast in Europe and the United States sales.

In the United States, HTC and suffers poor performance of its sales of smartphones and delayed price in the marketing of certain models (HTC Evo 4 G LTE and HTC One X) accusations of patent infringement.

But HTC must especially face fierce competition, especially on the part of Apple and Samsung. Samsung who, unlike HTC, reported that its second-quarter profits would be better than expected: $ 5.9 billion. Its competitive advantage: the Galaxy S.
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