HTC, money

HTC One sales fuel monthly revenue of $660m

HTC has announced its unaudited revenue figures for April 2013, revealing that it brought in NT$19.6bn ($660m) last month. This makes April HTC’s best month of 2013 so far, with revenue up from the NT$15.86bn ($540m) it made in March. However it’s still a significant fall from the NT$30bn ($1.2bn) it brought in during the same month last year.

The higher revenues are likely fueled by early sales of the new HTC One, although we should note that much of the world -- including the crucial U.S. market -- had yet to see the handset until late April.

HTC will be relying on sales of the One to push it towards projected Q2 2013 revenue of NT$70 billion ($2.73 billion). The company recently announced its Q1 2013 financial results, showing its worst ever quarterly earnings. It’ll be hoping that today’s numbers are the first signs of a Q2 turnaround.

Source: HTC