HTC Reports Q3 Earnings: Profit Up by 68 percent, Shipments Soar by 93 percent

October 31, 2011

It’s been another huge quarter for the people over at HTC. According to the company’s third quarter earnings report released today, net income rose to NT $18.68 billion (about $624.6 million) this quarter – a 68% increase over their third quarter of 2010, and a 7% bump from the last quarter when HTC reported record profits. Revenue, meanwhile, rose by 79% on the year to NT $135.8 billion (around $4.54 billion), which the manufacturer attributed to “strong brand recognition, leading product portfolio and expanded distribution channels.” On a regional level, HTC saw the strongest growth in China, where sales increased by a factor of nine over the past year. This helped the company boost handset shipments, which increased by over 90% over the year to 13.2 million units. For more details and crunchy numbers, hit the source link below.

Some of the more popular phones that perhaps contributed to the rise in earnings for HTC are the Amaze 4G, EVO 3D, and the Sensation Family – including the original, 4G, XE, and XL. All of which are pretty amazing phones built on rock solid hardware, which is what Android users want. Especially in a day where your phone is outdated about a week after it becomes official, officially.

Any tips for HTC?

Via: HTC, Image Credit: iFixit

Comments

  • Amine Elouakil

    Why all the hate on HTC? what with the bashing at the end? I know your love to sammy is huge but come on….

    Sensation or the Evo 3D and Amaze 4g (which are almost identical )are for me as different as the Galaxy SII Variants which there are at least 6 of them for now and more incoming

    • http://androidauthority.com Alexander Maxham

      Actually I wasn’t bashing HTC, I actually really like HTC. I am on my second HTC phone and I love my Sensation 4G.

      • Amine Elouakil

        I might be wrong regarding your last statement, and tbh I started reading AndroidAuthority for a month now (so i don’t know much about the autors) ect, and i like it that’s why I’m commenting, but I’m getting the impression that somewhat there is some Insatisfaction regarding HTC phones somehow and there is always a little nagging about something, sure it is good to be critical, but on some other threads and regarding some other manifacturers the critics are less obvious or non-existant. Like i said before i might be wrong, or maybe people are expecting much more from HTC (HD2 and EVO did to much to the smartphone industry for sure since then there was a smooth progression for HTC rather than being a leading innovator)

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