HTC Experiences Lackluster Smartphone Sales in October

By Zak Islam
published

Revenue decreased by 60 percent when compared to the same period in 2011.

Taiwanese manufacturer HTC has revealed its October financial results with a substantial drop in revenue largely due to lackluster smartphone sales.

HTC's report for October 2012 confirmed that revenue for the month was $588 million, which represents a considerable decrease of 60 percent when compared to the same period last year where revenue stood at $1.5 billion.

While the firm refused to divulge into what exactly caused the drop in revenue, it's expected that consumers have been waiting for HTC's Windows Phone 8 devices, as well as its forthcoming One X upgrade.

HTC is preparing to launch three new products to the global market : the HTC One X+ and its WP8 devices, the HTC 8X and HTC 8S. The company is also due to release its 5-inch 1080p HTC J Butterfly.

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Zak Islam
16 Comments Comment from the forums
  • dark_knight33
    Maybe because I'm still waiting for my Thunderbolt's ICS update that was due in August? That kind of douche-baggery is why a picked up a Galaxy S3 instead of another HTC phone. JB is out, and HTC is struggling just to deliver ICS. It doesn't say much about the future proofing of HTC phones when Samsung slaps an extra 1GB of ram into the S3 "just in case JB needs it".
    Reply
  • darkavenger123
    HTC is losing competitive edges....they can't stand out from the crowd....Camera? Lose to Nokia. Design? Lose to Samsung.

    Why should i buy a HTC in the first place? HTC Sense was great, used to be their advantage, but now, Samsung has caught up with TouchWiz and nothing really differs from one Android to another (or WP8 phones) except the hardware. They have been touting their One X camera...but it didn't turn out that hot...Nokia still miles ahead....if i buy a WP8 phone, it'll be Nokia...if i buy Android...Samsung.
    Reply
  • amuffin
    Yep, 4.1 Update.... :(
    http://www.fudzilla.com/home/item/29359-htc-one-x-41-update-still-not-out
    Reply
  • amuffin
    Well, I haven't gotten my Jelly Bean update yet(One-X). It's currently being rolled out I suppose......
    Reply
  • doive1231
    Been looking at all these phones and HTC are some of the most expensive. Cheaper and just as capable competition may be the reason.
    Reply
  • Vatharian
    I own HTC phones back from the times when Windows Mobile 5.0 was absolute revelation. I always sticked to them and I always was happy - so am I now, with HTC Sensation. I've got Samsung Galaxy S2 as company phone and even in this comparison - HTC wins. However there are few things that throw me back. Resignation from MicroSDHC port, no active USB OTG support (which is, frankly one of the most useful feature for power-user), huge problems with extended battery availability (I suppose it's because Chinese manufacturers focus only on accessories for most popular devices), ICS update due in March. Camera was always crap in HTC (Sensation is my first phone with acceptable one), no flash, poor signal reception, and many other things. But I love this brand, I love HTC Sense, and my next phone will be HTC. If there will be any HTC phone, that is.
    Reply
  • soundping
    HTC got lazy.
    Reply
  • house70
    This is NOT the same HTC that put out Nexus One. That phone had everything: big removable battery, SD expandable memory, top-notch screen and CPU...
    It was THE phone other manufacturers were trying to catch up with 1 year later.
    Reply
  • spartanmk2
    Not a shocker since most electronics are at their peak in price before the holiday splurge starts.
    Reply
  • cookoy
    in a crowded competitive market, being "quietly brilliant" does not help. Your products have to scream out loud at the customers so they will notice them. Of course your products should have what it takes to attract customers, otherwise your noisy screams will dismissed as cyring wolf by a lunatic.
    Reply