AfterDawn: Tech news

HTC has yet another awful quarter

Written by Andre Yoskowitz @ 05 Jan 2014 5:46 User comments (3)

HTC has yet another awful quarter HTC, once the poster child for smartphone growth, has had yet another awful quarter.
For the fourth-quarter, net income was NT$310 million ($10 million), well below the analyst expectations of NT$694 million. The income even included the company's very profitable sale of its stake in Beats Electronics. The company had an operating loss of NT$1.56 billion ($50 million).

Despite the launch of the One Max phablet and adding Robert Downey Jr. as a promoter of the brand, sales continued their nine-quarter-strong slide.

The Beats sale netted the company a large $85 million pre-tax profit, but it appears falling revenue and operating costs erased most of that gain.

Revenue fell to NT$42.9 billion and the company has posted its first full-year annual loss, ever.

Previous Next  

3 user comments

15.1.2014 19:43

This is sad to see... :(

25.1.2014 23:08

HTC make pretty decent phones, the problem as far as I am concerned is that they don't seem to want to let us have our own internal storage via a micro SD card or allow us to swap out/upgrade the batteries.
So long as this remains the case I won't consider their products.

For me it's Samsung all day long as the best spec/price and they do let us use our own card storage & swap out batteries.

36.1.2014 09:40

Sucks, but it happens I have an HTC one now and I really love the UI and the look and feel of the phone but the removable battery and sd is a big miss for real. The had all the leverage and just eased up and now samsung is like the only recognised android brand to non tech swavvy people.

This message has been edited since its posting. Latest edit was made on 06 Jan 2014 @ 9:41

Comments have been disabled for this article.

Latest news

Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets Roomba Combo j7+ review - Clever trick allows robot vacuum finally to tackle home with rugs and carpets (06 Jun 2023 9:19)
Roomba Combo j7+ is the very first Roomba model to combine robot vacuum with mopping features. And Roomba Combo j7+ does all that with a very clever trick, which tackles the problem with mopping and carpets. But is it any good? We found out.
Neato, the robot vacuum company, ends its operations Neato, the robot vacuum company, ends its operations (02 May 2023 3:38)
Neato Robotics has ceased its operations. American robot vacuum pioneer founded in 2005 has finally called it quits and company will cease its operations and sales. Only a skeleton crew will remain who will keep the servers running until 2028.
5 user comments
How to Send Messages to Yourself on WhatsApp How to Send Messages to Yourself on WhatsApp (20 Mar 2023 1:25)
The world's most popular messaging platform, Meta-owned WhatsApp has enabled sending messages to yourself. While at first, this might seem like an odd feature, it can be very useful in a lot of situations. ....
18 user comments
How to Enable Bluetooth on Stadia Controller How to Enable Bluetooth on Stadia Controller (11 Feb 2023 1:04)
Google shut down its streaming game service Stadia late last month and this means that some people have Stadia controllers lying around that seem to be of no use. That is fortunately not the ....
2 user comments
Guide: How to Kick Unwanted Guests from Your Netflix Account Guide: How to Kick Unwanted Guests from Your Netflix Account (26 Jan 2023 2:14)
Sharing a Netflix account with a person in a different location is possible and indeed very common, although the company doesn't necessarily enjoy this behavior from their customers. However, ....

News archive