HTC had a profitable 2011, but last Quarter of the year was the worst

6 February, 2012 HTC



Despite profitable Q2,2011 and Q3,2011 results, HTC, the Taiwanese company has taken a hit in its sales in the Q4,2011. As a result, the revenue plummeted 25.33 percent QoQ, and just 2.49 percent year-over-year to $3.44 billion (NT$101.42bn).


Profits have also taken a toll falling 12 percent year-over-year to $933 million (NT$27.5bn). On the upside, though, HTC have stepped up their game compared to 2010 and for the whole 2011 the revenue was $15.73 billion (NT$465.79bn), which is 67% up year-over-year.

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