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The recent HTCU Ultra price drop suggests it isn't selling very well
HTC recently offered discount codes for its latest flagship, the HTCU Ultra, to Team HTCmembers in the US, delivering a $150 (20%) price reduction on the new phone (down to $599). Only a few days later, the company announced on Twitter that the same deal was now open to everyone as part of its Spring sale.
The HTCU Ultra was released in the US on March 10 for $749.
HTC has reduced the price of its flagship along with a bunch of other handsets and accessories as it competes with the likes of the Galaxy S8 and LG G6, the latest flagships from South Korean tech giants Samsung and LG. Though a sale to take the edge off new Android flagship releases isn’t necessarily a bad idea (and HTCis also gearing up for another smartphone release soon), the swiftness with which HTChas slashed its most recent phone’s price does suggest it hasn’t been selling very well.
What’s more, this move will no doubt anger the fans who paid full price for the handset only recently.
HTC is likely in recovery mode after announcing a $117 million operating loss in its most recent earnings report (a 13% year-over-year drop in revenue). According to research company Wave7’s Jeff Moore: “HTC has bleak prospects, given lack of availability from T-Mobile and AT&T and weak prepaid availability, while the OEM has (a) tiny share of 2% at Sprint and <1% at Verizon.” This information was noted in a subscriber email picked up by wireless industry insights provider Fierce Wireless earlier this week.
Meanwhile, the HTC 10 was dropped from T-Mobile’s device catalog after just two months on sale in August, 2016, and HTCreportedly laid-off employees in the US late last year. It subsequently revealed that it would cut its smartphone output in half in 2017.
Though it’s a familiar story, things aren’t looking great for HTCright now; what are your thoughts on the company’s recent performance? Is HTCdoomed? Let us know your thoughts in the comments.