HTC sees lowest sales since 2010 - PC Retail

HTC sees lowest sales since 2010

Firm manages to just scrape into top-ten mobile handset makers list in Q4 2012
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HTC has noted that its sales for the month of February fell by nearly 44 per cent compared to the same month one year ago.

This puts the firm in almost the same position it was in back in 2010.

Compared to January 2013′s revenues of $15.54 billion, sales in February 2013 were down by nearly 27 per cent.

Although HTC did not report unit sales or net income in its monthly market updates, its last quarterly report released in January reveal a 91 per cent drop in profit to $34 million, it’s lowest since 2004.

According to Gartner, HTC barely kept its place in the top-ten rankings for mobile handset makers in Q4 2012. The firm scraped into the number 10 spot with a global share of just 1.8 per cent, which was down from 2.4 per cent a year ago.

Last month HTC unveiled its new flagship smartphone, the HTC One. The phone will be released sometime this month and runs on Android Jelly Bean.

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