Cell Phone News

T-Mobile G1 drives HTC revenues to record high in October

By Dusan Belic on Friday, November 7th, 2008 at 12:23 PM PST In Financial/Corporate News, HTC

htc logo T Mobile G1 drives HTC revenues to record high in October

HTC loves Google (NSDQ: GOOG) and T-Mobile (NYSE: DT), as their G1 smartphone made the Taiwanese company’s revenues skyrocket during the month of October. To be more precise, HTC saw its monthly revenues growing 22.4% year-on-year to hit record high of NT$16.04 billion ($489 million).

This, of course, doesn’t mean HTC had a tough year prior to October. Quite the contrary, for the 10 months of this year, revenues reached NT$121.22 billion, up 30.8% from a year earlier period.

Best of all, HTC remains positive over its Q4 revenue outlook, targeting a total of about NT$48 billion…

[Via: DigiTimes]

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