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HTC Predicts Financial Improvements In Q2 Following Strong HTC One Sales

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imagesFor a number of years, Taiwan based manufacturer HTC has been one of prominent smartphone makers on the market. Of course, it is now a well known fact that the company has been facing financial difficulties in recent months, due to increasingly popular devices from rival brands like Samsung and Apple.

 

Last year, the launch of devices like the Samsung Galaxy S3 and Apple iPhone 5 saw sales of HTC’s albeit impressive smartphones take a turn for the worse.

 

In response, HTC recently launched its latest flagship Android phone, the HTC One and has been relying on the success of this device to turn things around. Of course it has been widely reported that production of the handset as well as its launch in a number of markets was severely delayed due to component shortages. Luckily, these issues now appear to have been largely addressed and the handset has now been released and has achieved some impressive sales figures so far along with achieving widespread critical acclaim and positive reviews from users. Visit us at PhonesLimited to compare HTC One offers and find cheap HTC One S contracts.

 

HTC appears optimistic about the success of this device and the resulting financial performance for Q2 this year. The company recently released its Q1 financial report, which made for grim reading for investors. Revenues were down 98% during the first three month period of the year compared to the same period in 2012. However, HTC executives have forecast that the company’s revenue between April and June will be around $70 billion, showing a huge 63% increase from Q1. This clearly shows that the company is optimistic about the sales of its new HTC One flagship, Unwired View reports.

 

Obviously, the recent launch of the Samsung Galaxy S4 means the company will be facing a fresh challenge, and HTC has acknowledged that a lack of marketing expenditure may have been its downfall in the past, and has earmarked considerable financial resources for promoting its products for the rest of 2013.

 

We will be sure to report back and keep you updated with the latest news on the HTC One, as well as bring you the best HTC One prices from UK networks on our website.


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