Monday 31 October 2011

HTC shipped 13.2m handsets in Q3 2011

"HTC's financial performance improved greatly in the third quarter, thanks to massive growth in handset shipments.
During the period, HTC generated nearly NT$136 billion (US$4.5 billion) in revenue, jumping 79 percent over the same period last year. HTC's after-tax profit hit $624 million, representing a 68 percent gain year-over-year.
According to HTC, which announced its earnings today, it shipped 13.2 million handsets worldwide, up 93 percent year over year.
HTC's third-quarter success follows similarly impressive growth in handset shipments from its top competitors, Apple and Samsung.
Last week, Samsung announced that its smartphone shipments jumped more than 300 percent compared to the third quarter of 2010. That success helped Samsung nab 23.8 percent of the smartphone space during the period, according to research firm Strategy Analytics. Apple's iPhone captured 14.6 percent of the market."

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