12.5 C
New York
Friday, August 7, 2020
Home News HTC pays price for One delays, reports worst quarterly profit so far...

HTC pays price for One delays, reports worst quarterly profit so far in Q1 2013


Instead of reaping the rewards of putting out a lovely new flagship, HTC has just reported its lowest ever profit — a mere $2.8 million in unaudited net income — during the first three months of this year. That compares to $173 million in the same quarter of last year, representing a pretty catastrophic fall of around 98 percent. Underlying revenue dropped by a third to $1.4 billion. The reason? The top-end smartphone on which the company’s fortunes currently rest, the HTC One, mostly missed its scheduled global arrival date in March due to manufacturing delays, so it effectively didn’t exist during the period in question. It has only just become available to pre-order in the US and won’t start shipping to customers until April 19th. At this rate, the HTC First — the manufacturer’s second big announcement of the year — might actually deserve its name.

Filed under: Cellphones, Mobile


Source: Bloomberg, HTC


How to transfer photos from your iPhone to your computer

Here's how you can easily get photos off your iPhone and onto your PC, Mac, or Macbook.

iOS 13 draining your iPhone battery life? Here are 12 ways to fix it

iOS 13 Draining Your iPhone Battery Life? Here Are 12 Ways to Fix It (function() { ...

How to find your iPhone even if it’s dead or offline

Here's how to locate your iPhone, even when you have it offline or the battery has died.

How to turn your iPhone flashlight on and off

For when you need a little extra light.