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Financial results posts can be boring if you’re not into numbers, so bear with me. HTC posted a profit of $268 million in Q2 2010, that’s up 33%. Revenues hit $1.88 billion. In April alone the company sold 4.5 million devices.
Yuanta Securities analyst Bonnie Chang predicts that HTC will ship at least 20 million mobile phones this year, up from 12 million in 2009. Just to throw some perspective on that, Nokia sold 21.5 million smartphones between January and March. That being said, I was shocked during February’s Mobile World Congress. When I went in 2008, everyone had a Nokia E71. Skipped the show in 2009. And in 2010 practically everyone either had the HTC Hero or a Nexus One.
And there you go. That wasn’t so hard, now was it? I’d give you more detail, but HTC’s investor relations frankly blow chunks compared to European and American companies.
About The Author
Stefan Constantinescu
Stefan Constantinescu (@WhatTheBit on Twitter) has loved technology since as far back as he can remember. It started with computers, but in the past few years his passion has turned to mobile devices. As a mobile phone enthusiast who lives and breathes devices that connect to the internet, he knows he is not alone with this radical fascination of all things wireless. He is strongly opinionated and enjoys a good debate so leave comments in his posts and he’ll get back to you! Stefan began blogging as a hobby in the fall of 2006 and joined IntoMobile in the summer of 2007. Later he got a job at Nokia in March 2008, but as of June 2009 he has rejoined the IntoMobile team. He is currently based out of Helsinki, Finland.
