HTC sales still heading up, but stock market unconvinced

HTC sales still heading up, but stock market unconvincedGood times for HTC, or so it seems: the Taiwanese brand has reported record monthly handset sales in June, up a whopping 88% on this time last year.

It was enough to end talk of a slow-down and send HTC's stock upwards, as the company continues to shatter its own sales and profits records.

HTC has been going through a strange period lately. Despite continuing sales success, a prominent position in both the Android and Windows Phone 7 handset markets and new handsets continuing to touch down on a regular basis, the company has seen its stock drop 19% in the last month because of fears that sales were slowing down.

Slowing down, of course, only in relation to the breakneck speed things were going at before, but still. And in a sense those fears are right: that 88% sales spike over last June's figures didn't quite match May's 116% improvement on May, 2010. Tough times indeed.

Still, those hard stock market task masters still aren't entirely convinced, and reckon that HTC's stock price isn't likely to improve further unless the company continues to outstrip expectations that are already extremely high.

Via Reuters

HTC sales still heading up, but stock market unconvinced

Good times for HTC, or so it seems: the Taiwanese brand has reported record monthly handset sales in June, up a whopping 88% on this time last year.

It was enough to end talk of a slow-down and send HTC's stock upwards, as the company continues to shatter its own sales and profits records.

HTC has been going through a strange period lately. Despite continuing sales success, a prominent position in both the Android and Windows Phone 7 handset markets and new handsets continuing to touch down on a regular basis, the company has seen its stock drop 19% in the last month because of fears that sales were slowing down.

Slowing down, of course, only in relation to the breakneck speed things were going at before, but still. And in a sense those fears are right: that 88% sales spike over last June's figures didn't quite match May's 116% improvement on May, 2010. Tough times indeed.

Still, those hard stock market task masters still aren't entirely convinced, and reckon that HTC's stock price isn't likely to improve further unless the company continues to outstrip expectations that are already extremely high.

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