HTC Q4 Becomes Worst Quarter in 8 Years

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Net income decreases by 91 percent.

HTC's Q4 in 2012 represents its worst quarter in eight years with profits decreasing by more than 90 percent.

The company generated 1 billion Taiwanese dollars ($34 million), representing a steep decline when compared to more than 10 billion Taiwanese dollars it made a year ago. Sales, meanwhile, decreased by around 40 percent to 60 billion Taiwanese dollars.

The disappointing financial results arrive even after flagship smartphone launches with Verizon Wireless in the form of the Droid DNA, in addition to its Windows Phone 8 handset with the Windows Phone 8X. HTC's Consumer Electronics Show appearance in 2013 is not expected to deliver any noticeable smartphone announcements.

During the third quarter of 2012, HTC's profits fell by 79 percent due to strong competition. The Taiwanese smartphone manufacturer blamed its lack of marketing on a dire 2012.

It's looking forward to 2013, however, with the firm promising better smartphones due to a licensing agreement deal with Apple, which may see the former granted access to some of the latter's technology.

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19 Comments Comment from the forums
  • halcyon
    I know Samsung is just devastated by this news.

    On another note perhaps HTC will re-introduce swappable batteries and micro SD cards. If the Droid DNA had implemented these it would have been really nice.
    Reply
  • virtualban
    Maybe even dual micro SD card. That don't need to turn off the phone to insert/eject?
    Or maybe, strange strange, a bigger battery?
    Reply
  • doive1231
    Maybe it's because the HTC One X is such a masculine phone. We know how much ladies love their phones and perhaps they just don't buy the latest HTCs.
    Reply
  • contentsmayvary
    >>The Taiwanese smartphone manufacturer blamed its lack of marketing on a dire 2012.

    Surely: The Taiwanese smartphone manufacturer blamed its dire 2012 on a lack of marketing.

    Otherwise it doesn't make much sense...
    Reply
  • ricardok
    Even tho I'll be bashed by Samsung fans, the HTC One X is a better phone than the Galaxy S III.
    It feels better in my hand and it doesn't feel cheap at all.
    It has a better processor (sure, Tegra processors sux when we need a Custom ROM, oh well) and Sense is waaaay better than TouchWiz..
    The only problems are that with the new Android 4.1.1 introduced new bugs such as random reboots (every week or so - not really a problem), removed the battery stats from 4.0.4 that was great to know how your battery was performing and now 4.1.1 is using a lot more energy than 4.0.4.. Hopefully they will address this..

    Compared to Samsung? I'll go HTC all the way.. But they have to stop using Tegra processors (thank god DNA/Butterfly and the newest ones won't use it) to fulfill my Custom ROM needs. ;)
    Reply
  • halcyon
    ricardokEven tho I'll be bashed by Samsung fans, I think the HTC One X is a better phone than the Galaxy S III. It feels better in my hand and it doesn't feel cheap at all. It has a processor with four cores, but it needs them to perform as well as the US version the S III (sure, Tegra processors sux when we need a Custom ROM, oh well) and I like Sense more than TouchWiz. The only problems are that it doesn't have expandable memory or a removable battery, the camera lens protrudes so it can get all scratched up, and with the new Android 4.1.1 introduced new bugs such as random reboots (every week or so - not really a problem), removed the battery stats from 4.0.4 that was great to know how your battery was performing and now 4.1.1 is using a lot more energy than 4.0.4.. Hopefully they will address this..Compared to Samsung? I'll go HTC all the way because I like to root for the underdog. But they have to stop using Tegra processors (thank god DNA/Butterfly and the newest ones won't use it) to fulfill my Custom ROM needs.
    Fixed that for you.

    We're not gonna bash you, this isn't high school. Everyone is entitled to their opinion and HTC needs loyal fans like you, especially in their time of need.
    Reply
  • jn77
    virtualbanMaybe even dual micro SD card. That don't need to turn off the phone to insert/eject?Or maybe, strange strange, a bigger battery?
    Exactly... with Android 4.x the flag ship phones (especially with 4.8 or larger screens) need to have 2 micro sdxc card slots and 8000 or 10,000mah batteries standard.
    Reply
  • jacobdrj
    jn77Exactly... with Android 4.x the flag ship phones (especially with 4.8 or larger screens) need to have 2 micro sdxc card slots and 8000 or 10,000mah batteries standard.Its funny, because you are being scaracstic, and yet, most of the techies on this site, including myself, would say that yes, dual micro sdxc cards, 4.8" screens and large, < 3500 mah batteries, SHOULD be a STARTING POINT for high end phones...
    Reply
  • sonofliberty08
    i love the old htc design, the latest design just look ugly and lack of features like front camera, memory card slot, swapable battery
    Reply
  • phenom90
    so sad to see that they couldn't capitalize on their earlier success.. honestly between iphone 5, s iii, one x i would still pick one x over the other two.. nt simply because i am a fanboy or something.. but because it really feels solid in my hand and i can feel the sense of premium product in which i pay its premium price.. plus i really like the htc sense ui.. it just plain beautiful.. but somehow to achieve these htc decided to go for non-removable battery, low battery capacity and diminished micro sd slot which kinda let me down as user..
    Reply