HTC officially released 2013 second quarter earnings, net income for the quarter was $ 41,630,000, compared to the previous quarter performance has improved, but net profit year on year decline of 83%, lower than market expectations.
As of June 30, 2013, 2013 HTC second quarter revenue of NT $ 70.7 billion, lower than the same period in 2012 of 91.04 billion Taiwan dollars, net profit of NT $ 1.25 billion, in 2012 net profit of 7.4 billion new year Taiwan dollars, compared with the same period last year fell 83 percent, in 2013 first quarter net profit of 850 million Taiwan dollars. WSJ previously announced seven analysts for HTC net profit for the quarter was 20 billion Taiwan dollars average expected, HTC's performance is far below market expectations.
HTC Net increase compared with the previous quarter, mainly due to the sales of flagship phone HTC One upgrade, analysts believe HTC One Although the market was satisfactory, the phone sales in May 2013 has reached its peak, the current market demand has begun to decline. BarclaysCapital analyst Dale Gai said the high-end smartphone market downturn, not only HTC one results below market expectations, the entire high-end smart phone market is saturated.
2013 results for the second half of HTC can maintain the momentum of recovery is the focus of the industry, the next few months HTC may launch HTC One mini and HTC One big-screen version of the two phones to keep HTC One sales, the second half of 2013 Apple and Samsung are likely to launch high-end flagship smartphone, the market competition is fierce. Currently HTC has not been announced in the second half of the new plan, HTC CEO Peter Chou said that 2013 is the product of the operational focus, while improving the company's brand image.
