HTC continues to lose money, makes 46% less than in May of 2017

Ivan, 06 June 2018

HTC has released unaudited results for May 2018 and they don't look good. Revenue for the month of May is NT$2.45bn (around €70m) which is down 46% compared to the NT$4.53bn (around €130m) of May 2017.

HTC posted its January through May 2018 results as well. Total revenue was NT$13.33bn (€380m) - that's quite poor compared to the NT$23.77bn (€678m) of the January-May period of 2017.

The one silver lining is that the May 2018 revenue is 16% higher than earnings from April. May is also the month HTC announced the U12+ and started selling the Vive Pro.

The U12+ will go on sale this month so it's completely plausible for HTC to expect better financial fortunes in the months ahead.

Source

HTC Android

Reader comments

Help This Company???
10 Jul 2018
MqZ

I don't care about advertisements, it would be enough for HTC to actually sell their products to the general public. But that is not their intention. The U12+ 128 GB is not sold in Europe, only the one with 64 GB storage. The U11+ is available in the...

AnonD-731363
10 Jun 2018
SH3

Well. The last words apply for an ordinary human but i am not an ordinary human and i never inted to be. But thats a very long story. From beggining of my existence i am trying to be tottaly unique in other words different. 37 years passed from m...

Gapps are bloatware
10 Jun 2018
NvR

As a customer, I only care about what I get for my money. Therefore I am using a Sony phone right now. It doesn't matter to me whether a company mints money like Apple or loses like HTC. They might sell more eventually. You never know what happens in...