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Technology Stocks : HTC Corporation

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To: Lahcim Leinad who wrote (216)

4/24/2012 8:41:14 AM

From: sylvester80

Read Replies (3) of 273

HTC predicts 55 percent revenue jump, could hint at strong One sales
By Sharif Sakr posted Apr 24th 2012 5:14AM
engadget.com

HTC's results for Q1 2012 were a long way short of spectacular, but they came too early to see any impact from sales of its latest wares -- particularly the flagship One X and the ambitious mid-range One S. According to Reuters, the Taiwanese manufacturer now predicts that its revenue will leap by 55 percent in Q2, compared to that bad last quarter. That kind of growth equates to around $3.56 billion, which isn't so impressive when you compare it to the same quarter last year, when turnover broke records and was around 20 percent higher, but it's still an encouraging sign that this company could reap what it sowed at MWC.

TheNextWeb

Reuters