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Home - HTC Corp. sells 12.1M devices, profits up nearly 103%
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HTC Corp. sells 12.1M devices, profits up nearly 103%

by Matt Kapko August 1, 2011
written by Matt Kapko August 1, 2011 Share
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HTC Corp. closed another fantastic quarter with profits up $102.9% year over year and device shipments up 24.8% from the previous quarter and up 123.7% from the year-ago period. The Taiwanese manufacturer shipped 12.1 million devices total, generating $608.3 million in net income on $4.32 billion in revenue.
The company noted its fifth consecutive quarter of growth, no doubt spurred by its widening smartphone portfolio.
HTC expects to ship 13.5 million devices in the current third quarter.

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Matt Kapko

Former Feature writer for RCR Wireless NewsCurrently writing for CIOhttp://www.CIO.com/ Matt Kapko specializes in the convergence of social media, mobility, digital marketing and technology. As a senior writer at CIO.com, Matt covers social media and enterprise collaboration. Matt is a former editor and reporter for ClickZ, RCR Wireless News, paidContent and mocoNews, iMedia Connection, Bay City News Service, the Half Moon Bay Review, and several other Web and print publications. Matt lives in a nearly century-old craftsman in Long Beach, Calif. He enjoys traveling and hitting the road with his wife, going to shows, rooting for the 49ers, gardening and reading.

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