Cell Phone News

HTC Suffers Weaksauce Q1, Q2 Promising

By Simon Sage on Friday, February 6th, 2009 at 10:56 AM PST In Financial/Corporate News, HTC

HTC

HTC’s first quarter of 2009 is looking less than awesome, following up on a generally dismal 2008 year-end earnings report. Operating margin profits for Q1 ‘09 are expected to fall to 15%, versus 18.4% percent in the the last quarter of 2008. Overall revenue should be around T$33 billion, only marginally higher than T$32.7 at the same time last year. Luckily, we’ve heard that there are eight promising new handsets HTC will be delivering in 2009, which could mean better news for Q2.

[via Reuters]

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