HTC First Quarter Profit is Tripled Thanks to 'Andy'

Discussion in 'Android News' started by dgstorm, Apr 8, 2011.

  1. dgstorm

    dgstorm Editor in Chief Staff Member Premium Member

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    HTC just released their first-quarter profits for 2011 with triple profits. The reason for their massive profit boost was directly attributed to increased demand of Android smartphones like the HTC EVO and the HTC Thunderbolt. Company earnings handily destroyed analyst expectations of NT$12.99 billion by hitting a first-quarter record of NT$14.83 billion ($511 million). HTC indicated that its first-quarter revenue grew 174% to NT$104.2 billion.

    Source: BGR
     
  2. kodiak799

    kodiak799 Silver Member

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    They had, what, all of 2 wks for TBolt sales in Q1?
     
  3. TheOldFart

    TheOldFart Active Member

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    That's sales to the public. HTC sales to Verizon would have started long before the release date and those are the sales that are counted.