Disqus
While the likes of Motorola and Palm are suffering blow after financial blow to its bottom line, Windows Mobile ODM turned world-leading manufacturer HTC continues to beat financial performace expectations. With the posting of the Taiwan-based company’s 1Q 2008 financial earnings report, we see that HTC earned NT$32.7 billion (US$1.08 billion) in revenue for the first quarter of 2008. That’s a 38.6% year-on-year increase, but a 16.2% decrease from the previous quarter.
The first quarter’s earnings meet the higher-end of market expectations for HTC. “The first-quarter bonus-adjusted net earnings were higher than expected due to a higher-than-expected gross margin and lower operating expenses in the January-March period,” according to sources at HTC.
Well done, HTC. Just launch the Dream already and we’re sure the mobile market will help you beat more financial expectations.
About The Author
Will Park
Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...
