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HTC quarterly profits up almost 20%

By: , IntoMobile
Tuesday, April 6th, 2010 at 3:09 PM

HTC recently reported their  quarterly earnings, up 19.3 percent year over year. The Taiwan based company exceeded even their own estimates,  of NT $32 billion to NT $34 billion.

Their first-quarter revenues were NT $37.7 billion, which is about 1.2 billion  US dollars. Net profits were also up, at NT $158.7 million, up from the quarter a year ago.

HTC can thank themselves for pushing their brand in TV ads, ads on bus stops, ads online, you name it.  With their global advertising campaign pushing their new “quietly brilliant” tagline, HTC is surely doing something right. They’ve morphed from a company that never even used to brand the devices they manufactured to a company that has successfully infiltrated peoples homes. And, that’s allowed them to grab a lot of mind share in quite a short amount of time.

With devices like the Hd2, Nexus One, Desire, Legend, and upcoming EVO 4G, HTC has a solid line up. The user interface that they lay on top of their devices is both intuitive and smart. It doesn’t look to bad either. I’ve had Sense running on my Nexus One since it came out, and I wouldn’t have it any other way. HTC makes amazing devices, and with their ongoing campaign, and awesome phones coming out in the near future, I’m betting their profits will shoot up once more during the second quarter earning call.

[Via: CellularNews]

About The Author

Blake Stimac

Blake was born in Beaumont, Texas, about 100 miles away from Houston. Even as a youngster, technology came to him very naturally, tinkering with anything he could. His passion of technology grew with mobile phones when he dreamed that the capabilities of phones would eventually make one's life much easier. Since then it's been his mission to advocate the push of mobile technology to anyone who will listen.

  • ljp

    Wasn’t their 2009 Q1 profit $148 million? It seems that revenue has increased by 20% but profits haven’t increased by 20%. And why is there no information on devices shipped?