HTC revenue 4% up in August
HTC has posted its financial results for August, giving us a glimpse of how the company is doing. The August revenue is up by 4% from the previous month and stands at $209.94 million. Nevertheless, this is 4.5% down compared to the same month last year.
HTC's total sales in the first 8 months of 2016 reached $1.49 billion, significantly down from the $2.19 billion for the same period of 2015. The HTC 10 is the company's strongest selling product in recent months, but it definitely feels the pressure from Samsung and Apple rivals.
Not wanting to put all of its eggs in one basket, HTC is diversifying its product range and is betting big on VR and, most recently, on fitness trackers. The latest is the UA Band smart fitness bracelet and UA Heart Rate chest strap.
The UA Band will sell for $190, whereas the UA Heart Rate will go for $80.
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Reader comments
- Prefros
- 08 Sep 2016
- tE{
Save money on research by launching few phones a year 5-6 would be sweet spot. And price it like Motorola. You will be great again.
- AnonD-441085
- 08 Sep 2016
- iih
HTC doing well & staying alive in the smartphone industry is surely beneficial to the consumer.People r slowly but surely appreciating quality over cheap models loaded with high end specs but mediocre performance.
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