HTC’s future performance in question, upon claims that One sales have already peaked
We sure are hearing a lot of nay-saying form analysts lately. This morning we were talking about perceived issues with demand for the Galaxy S 4 and the effect this was having on Samsung’s stock price, but now we’re going to switch gears and take a look at HTC, with assessments coming in that suggest the best days of the HTC One are already in the company’s past.
You might remember our coverage of some HTC earnings reports from the other day, which indicated that a recent upswing continued through the month of May and had the company nearly performing as strongly as it had this time last year. Obviously, much of that revenue could be attributed to the HTC One, and we were hoping to see if June’s sales might grow upon May’s figures to finally push HTC out of its slump.
Problem is, financial analysts are now predicting that HTC’s June sales won’t improve on May’s, and that July could mark the start of yet another period of declining revenues.
Coming up, it looks like we’ve got the HTC One Mini and One Max waiting in the wings, and both could be really attractive smartphones. Once they get here, maybe their presence could help restore some of this momentum, though the question then is just when that might be. One way or another, HTC desperately needs to not only get its sales back on track, but find a way to keep them there.