Things went downhill for HTC pretty quickly last year. The Taiwanese manufacturer was once adored back in the glory days of the original Desire, but consumers weren’t impressed with HTC’s ludicrous 2011 output, as evidenced in tumbling profits.
HTC claims to have learned that “less is more”, and hopes to turn things around in 2012, but Q1 has been a bit of a disaster.
Taking a gander at HTC’s Investor pages, we see that total revenues reached NT$67,790 million, which represents a year-on-year decrease of 34.92%. Oh dear.
Meanwhile, unaudited operating income is reported at NT$5,099 million, net income before tax was NT$5,551 million, and net income after tax was NT$4,464 million.
To be fair, the manufacturer has been keeping a pretty low profile this year. It revealed just three new handsets at Mobile World Congress, namely the quad-core HTC One X, dual-core One S and comparatively modest One V.
Incidentally, the HTC One X and One S are out now, if you fancy throwing a buck or two HTC’s way. I'm sure it'd be appreciated.