HTC has published its final Q4 2011 financial results, confirming the 2.49% year-on-year slip in earnings revealed in last month's unaudited numbers. In the fourth quarter of last year, HTC brought in NT$101.42 billion, down from NT$104 during the same period in 2010. There was also a gloomy outlook for the first quarter of 2012, with projected revenues of NT$65-70 billion (down from NT$104.16 billion in Q1 2011), and a much lower operating margin of around 7.5%.
The manufacturer said the Q4 slump, and expected weakness in Q1 2012, were a "temporary phenomenon" due to its current "product cycle transition", as it looks to unveil new handsets at Mobile World Congress later this month.
New models unveiled in Barcelona in a few weeks are expected to include the "HTC Ville", which leaked last week, and the quad-core "HTC Edge."
Source: HTC
