HTC Post Q4 2014 Financial Reports

HTC just posted its Q4 2014 financial reports and its seems that HTC has maintained profitability in the 4th quarter. 


Now let's talk about the revenue, the total revenue of HTC for 4th quarter 2014 was $1.524 billion (NT$47.9 billion). These digits were $224 million higher than that of company's last year's revenue. HTC made a quarterly net profit of NT$0.5 billion which is around $16 million at thecurrent exchange rate.

“HTC finished the year with a third consecutive quarter of profitability, and is well-positioned to build on that solid platform in the year ahead by ensuring our portfolio is highly targeted and our message clearly communicated, Key to our improved sales performance was our ability to offer tailored product mixes at suitable price points within the regions, which enabled us to closely address the needs of specific markets.”– said Peter Chou, HTC CEO.

Well it seems company's diversification strategy for Q4 worked out as they have managed to broaden the consumer reach. And for the Q1 2015 HTC is expecting its revenue to be in the range of NT$41.5 billion to NT$45 billion.

We might see a new flagship smartphone from HTC this quarter.

Benny Singh
Forever Tinkering With Gadgets

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