HTC October financial report shows another revenue crash
HTC is long past its glory days and while the company’s new CEO Yves Maitres claimed a comeback to the flagship smartphone market is planned in the near future, the latest financial results show the company is not in an ideal place right now
![HTC October financial report shows revenues dipped by nearly 50%](https://fdn.gsmarena.com/imgroot/news/19/11/htc-ocotber-financial-report/-727/gsmarena_007.jpg)
Total revenue for the month of October came to just TWD 656 million ($21.6 million) which is a 48.6% fall from the previous month and 49.8% down from the same period last year. Over the past year, HTC focused on the midrange smartphone segment with devices like the Wildfire X and U19e. In addition to that, the company has continued its efforts in the VR, blockchain and 5G fields.
While the present isn't bright, HTC reiterated its commitment to bringing a 5G flagship “when the time is right” as detailed by Maitres. Until then we'll just hope that everything works out for the storied Taiwanese brand.
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Reader comments
- Anonymous
- 07 Dec 2019
- 63y
Yes, agree with supporting HTC despite their inconsistent phones. I've owned multiple HTC phones, despite some lousy ones. But, have have had some great HTCs: the M1 and U11 are the BEST and most enjoyable phones, for me. To HTC: you have still h...
- Fixargeddon13
- 11 Nov 2019
- snP
SD 865 next year and 3.5mm jack, it will sell like it is Christmas every day, lol.