An Interest In:
Web News this Week
- March 28, 2024
- March 27, 2024
- March 26, 2024
- March 25, 2024
- March 24, 2024
- March 23, 2024
- March 22, 2024
April 8, 2011 07:24 pm EDT
[Thanks, Karan]
Original Link: http://www.engadget.com/2011/04/08/htc-breaks-its-own-sales-and-profit-records-keeps-riding-the-sm/
HTC breaks its own sales and profit records, keeps riding the smartphone wave to success
Another quarter, another spectacular set of financial results for HTC. The once-small Taiwanese phone maker reports its net income for the first quarter of 2011 nearly tripled earnings in the same period of 2010, now totaling an impressive $513 million. Overall quarterly revenue was in the vicinity of $3.6 billion and the causes cited were, rather predictably, demand for Android smartphones and higher-speed internet connectivity (as provided by the likes of the EVO 4G and Thunderbolt). Guess now we know why the stock markets are loving HTC so much -- the company just can't stop growing![Thanks, Karan]
HTC breaks its own sales and profit records, keeps riding the smartphone wave to success originally appeared on Engadget on Fri, 08 Apr 2011 15:24:00 EDT. Please see our terms for use of feeds.
Permalink | ||CommentsOriginal Link: http://www.engadget.com/2011/04/08/htc-breaks-its-own-sales-and-profit-records-keeps-riding-the-sm/
Share this article:
Tweet
View Full Article
Engadget
Engadget is a web magazine with obsessive daily coverage of everything new in gadgets and consumer electronics. Engadget was launched in March of 2004 in partnership with the Weblogs, Inc. Network (WIMore About this Source Visit Engadget