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Technology Stocks : Mobile Computing - OSs & Manufacturers UNMODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Doren who wrote (884)1/23/2011 2:47:25 PM
From: sylvester80  Read Replies (1) | Respond to of 3170
 
HTC Doubles Up Earnings, Plans To Enter Tablet Market
Sunday, January 23, 2011 - by Ray Willington
hothardware.com

If you're building smartphones these days, particularly phones with iOS or Android on them, you're probably doing quite well. These data-driven phones are becoming more popular then ever, and there's no sign of that trend stopping. HTC has had a hand in numerous Android phones over the past few years, from the Nexus One all the way up to the Desire HD and Wildfire. And clearly, HTC's phones are selling well. The Taiwan-based company just announced their Q4 2010 earnings, and they actually doubled those earnings from a year earlier.

Now, Q4 2009 was definitely a weak quarter for just about everyone, but still, doubling is no small feat regardless of the economy. Net profit from the Oct.-Dec. 2010 quarter was near $500 million, up 160% from a year ago. There was also a 31% increase from the third quarter, but of course, the holidays always tend to boost sales for smartphone makers.

The company doesn't plan on slowing down. In 2011, CEO Peter Chou noted that he hopes to double monthly capacity in their Shanghai factor to two million phones, and he'll consider outsourcing if necessary. In order to keep the revenue streams fresh, HTC also plans to enter the tablet market. The company already tried something similar once with the HTC Advantage, but now the market is ripe for adoption. Chou said of the tablet market: "It's a new market with many competitors, and we don't want to rush into it. We hope the product we eventually unveil will be one that meets consumers' needs."

There's no mention of whether the future tablet will be Android-based, but we'd guess it will be. Onward and upward, as they say.



To: Doren who wrote (884)1/23/2011 2:53:18 PM
From: sylvester80  Respond to of 3170
 
Like all the same looking lemmings over the cliff... BTW, the cost difference isn't $50.... thousands... your iPhone/iPad battery is gone? Touch luck...Reach into your pocket and remove mega$$$s... you got the 16Gb version and you need more memory??? Touch luck...Reach into your pocket and remove mega$$$s... even the data plans are more meag$$$s for the iCrap versus data plans when a choice exists. Apple and its lemmings can go over the cliff for all I care but not with my money...