HTC earned just $330m in 2019, down nearly 60% over 2018
HTC's financial results for 2019 are in and they look unsurprisingly dim. The company made just $330m in revenue for the entire year, a drop of nearly 58% over 2018 and staggering 84% down compared to 2017.
To put things in perspective, Bloomberg Columnist Tim Culpan aptly points that Apple makes more money from AirPods sales in two weeks, than HTC makes in an entire year.
HTC managed to improve its performance compared to 2018 only in September, when it posted a 1.53% increase, but was down for the rest of the year.
HTC revenue fell to just $330m last year.— TIM CULPAN (@tculpan) January 6, 2020
That’s an 84% drop in 2 years.
In context: Apple now gets more from selling AirPods in a fortnight than HTC gets from selling *everything* in a year pic.twitter.com/6GF3EAgGd3
HTC has stated time and time again that it hasn't given up on its smartphone business but given its downfall it's barely relevant at this point. Its latest midrange and blockchain devices are clearly unable to stop the fall so the feel is the company is running out of the time.
- 15 Feb 2020
They had awesome flagships,and if they could provide decent specs combined with reasonable price they can shine once again. I used Desire A8181, One X, 10 and all of them were super durable and smooth phones compared to competition. Maybe they need t...
- 15 Jan 2020
I used to work in a mobile phone shop and have used phones of most of the popular brands. I have had a few HTC phones through the years and they have always been great, HTC HD2 (this phone is a legend), HTC ONE X, HTC ONE M8 (another legend) and no...
- 10 Jan 2020
Man Samsung is popular everywhere like Xiaomi or Apple. Sony is popular maybe in 5-10 countries from 198 that not so much. Same goes to LG.