HTC profits skyrocket, surpass all expectations

HTC has recorded yet another amazingly successful quarter, according to their financial results report. The Taiwanese company exceeded its expectations achieving a thirty-three percent growth in profits compared to the same period of last year.

For the second quarter of 2010 HTC has generated 1.88 billion US dollars revenue, which is about 280 million dollars more than the target the company set at the end of Q1. The profits are also impressive, standing at 268 million dollars. This compares very favorably to the 202 million dollars of profit registered during Q2 of 2009.

This all comes despite the fact that the market share of Windows Mobile is rapidly shrinking and we all known how big HTC are in the WinMo game. Luckily for them the other platform where they are leading is doing much better and this has led them to success.

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