HTC Experiences Lackluster Smartphone Sales in October

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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  • 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".
  • 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.