HTC-One-Live-Stage

Following Samsung’s monster profits from yesterday, HTC has now released its unaudited results for Q2 2013 (via TechCrunch). The company reported total revenues of $2.35 billion (NT$70.7 billion) and profits of just $1.63 million (NT$1.25 billion). While the profit is up over the NT$85 million it reported in Q1 2013, it’s still lower than analysts expected and down 83% year over year.

Many were expecting HTC to have a good quarter, as its One flagship is finally available on three major United States carriers and the device was well-received by critics. Sales in May for HTC were up 48.03%, but things nose dived in June, falling 23.88% month-on-month and 26.43% year-on-year.

HTC had hoped that a unified line-up of devices could help it better compete with Samsung, who posted over $8 billion in profit for Q2, but it looks like the struggles for the Taiwanese company are deeper than we thought. 

FTC: We use income earning auto affiliate links. More.


Check out 9to5Google on YouTube for more news:

You’re reading 9to5Google — experts who break news about Google and its surrounding ecosystem, day after day. Be sure to check out our homepage for all the latest news, and follow 9to5Google on Twitter, Facebook, and LinkedIn to stay in the loop. Don’t know where to start? Check out our exclusive stories, reviews, how-tos, and subscribe to our YouTube channel

About the Author