HTC reports declining revenue in July

Peter, 07 August 2017

HTC has hit a lull in its 20 year history. It posted a 9% decline in revenue in April and July wasn’t any better – revenue for the month was $205 million (NTD 6.2 billion), down 10.16% compared to the previous month. Still, the yearly decline is a comparatively small 2.06%.

However, a string of bad months is starting to add up to a bad year. For the first seven months of 2017, HTC took in $1.22 billion (NTD 36.86 billion) in revenue, down 7.85% compared to the same period in 2016.

Actually, things seemed to be going well in June – the revenue was up a solid 52% compared to a weak May, even the year on year number was 8.38% higher. And the company pushes further into VR territory with a stand-alone VR headset and it relaunched in the Philippines (after being absent from that market for five years).

2017
(NTD, million)
2016
(NTD, million)
MoM change YoY change
July Revenue 6,194 6,319 -10.11% -1.97%
June Revenue 6,891 6,358 52.10% 8.38%
May Revenue 4,531 6,753 -3.89% -32.91%
April Revenue 4,714 5,751 -9.29% -18.03%
March Revenue 5,197 4,144 11.30% 25.41%
February Revenue 4,669 4,200 0.09% 11.17%
January Revenue 4,665 6,477 -27.18% -27.98%
TOTAL 36,861 40,002 -7.85%

Note that these are unaudited numbers, HTC will publish audited results with the quarterly report and reveal some insight into the cause of this slump.

Source | Via


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Reader comments

  • tombik
  • 10 Aug 2017
  • 3XA

Are you really considerring 4MPx photo from HTC One (2013) as a benchmark for whole brand? I think that you wanted to share this instead: https://www.dxomark.com/Mobiles/HTC-U11-Mobile-review-The-new-DxOMark-leader

  • Stan
  • 09 Aug 2017
  • RaX

And here's a test done by GSMArena. Make sure to use old posters. http://www.gsmarena.com/piccmp.php3?idType=3&idPhone1=5665&idPhone2=5313&idPhone3=5685 That is a one noisy photo, given that it's supposed to be a sensor with large pix...

  • Stan
  • 09 Aug 2017
  • RaX

Should get your eyes checked and stop touting your photography background. I've done multiple pro video gigs, but you don't see me screaming that out loud. I'm sure there are quite a few professional photographers and videographers around here as wel...

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