HTC

HTC has published its latest unaudited monthly revenue figures, showing a slight drop in income from April to May, but a hefty year-on-year decrease. The company brought in NT$21.1 billion ($703 million) this May, compared to NT$22.1 billion ($736 million) in April, and NT$29.001 billion in May 2013. That's a 4.59% fall month-on-month, and a 27.37% decrease year-on-year.

While that sounds pretty dire, May was disproportionately stronger for HTC in 2013, likely due to the staggered international launch of the HTC One M7. When April and May's figures are combined, the year-on-year decrease is just 11.22% — still a fall, but a less drastic one.

HTC must now make NT$22-32 billion in June to hit its target of NT$65-70 billion in revenue for the current quarter.

In the coming month the company will be looking to mid-range products like the Desire 816 and One Mini 2 in Europe, and the new China-bound One E8 at the high end to bolster its balance sheet.

Source: HTC Investors