HTC's revenues decline by a massive 64% in Q1 2016
HTC's latest earnings figures continue to illustrate the manufacturer's downfall in recent years. The Taiwanese vendor posted an overall revenue of NT$14.8 billion ($463 million), a drastic 64% decrease from the NT$41.52 billion ($1.3 billion) it managed in Q1 2015. Operating loss for the quarter was at NT$4.8 billion ($150 million), a far cry from the NT$360 million ($11.6 million) profit recorded during the same period last year.
The manufacturer is now looking to the HTC 10 as well as the Vive to boost sales heading into Q2, with both products not accounted for in the first quarter earnings. Chairwoman and CEO Cher Wang said that HTC will continue to streamline and optimize:
HTC is betting big on virtual reality, and has invested $100 million to boost the VR content ecosystem.
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Harish Jonnalagadda is a Senior Editor overseeing Asia at Android Central. He leads the site's coverage of Chinese phone brands, contributing to reviews, features, and buying guides. He also writes about storage servers, audio products, and the semiconductor industry. Contact him on Twitter at @chunkynerd.
The reason Q1 was so bad for them, is because they really didn't release or sell anything "new" in Q1 Posted via the Android Central App
Next time, don't ass-u-me stuffs.
If the HTC had been out when I got my s7 edge I may have considered it at the time. Posted via the Android Central App
http://www.theverge.com/2013/10/24/5023658/samsung-fined-340000-for-post... Posted via the Android Central App
Edit: ninja'd by oryan
Posted via the Android Central App
The last thing I'd want to do is fumble around like you do with that glitchy, grimy, slippery thing. I understand that's you. For me the HTC 10 is the best flagship for 2016, the G5 a worthy competitor, and the upcoming Nexus 5 and 5.5 should also be great smartphones. The Samsung and Apple marketing machines and their singularity of brand awareness among the mass market doesn't make their products the very best even though it makes them best sellers. Just as your wife will understandably prefer play with her 10 instead of your edge.
Prime for a takeover except there is no reason to do so since this dead pony is just on its March to the glue factory.
Anyone willing to buy their phones or the Vive better start worrying about future updates and support soon... And why buy 10 when you can get a Robin for $299 or a bunch of others in the $3-400 range? Days of $600-700 flagships have ended me thinks... Posted via the Android Central App