HTC has a great May; revenue growth continues

It’s tough to think about the HTC One without considering the impact it has on the company’s financial outlook. After all, it’s been a while since HTC’s had a really high-profile flagship like this, and the way its sales have been going, it could really use a hit to start bringing in the cash. About a month ago, we took a look at some HTC sales figures, and while they showed promise, we wanted to see if the trend they suggested would end up continuing. Now we have the latest data from the company, and the news looks pretty darn good.

As you might remember, moving from March into April, HTC saw monthly sales grow by a healthy 26%. But since the One didn’t see wide retail availability until April itself, we weren’t looking at a full picture of the handset’s arrival. With these new May figures, the story starts becoming much more clear.

Building off that earlier momentum, HTC’s May sales showed a tremendous 48% growth over April – that’s very nearly sales of one billion dollars over the course of a single month. The One certainly doesn’t account for all of that revenue, but you had better believe that its arrival is primarily responsible for this new wave of interest in HTC.

Unfortunately, even with this recent growth HTC still isn’t generating the income it did just one year ago, but it’s also very nearly caught back up – a few more months of sales like these, and it might just reverse this slump entirely.

Source: HTC
Via: Unwired View

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About The Author
Stephen Schenck
Stephen has been writing about electronics since 2008, which only serves to frustrate him that he waited so long to combine his love of gadgets and his degree in writing. In his spare time, he collects console and arcade game hardware, is a motorcycle enthusiast, and enjoys trapping blue crabs. Stephen's first mobile device was a 624 MHz Dell Axim X30, which he's convinced is still a viable platform. Stephen longs for a market where phones are sold independently of service, and bandwidth is cheap and plentiful; he's not holding his breath. In the meantime, he devours smartphone news and tries to sort out the juicy bits Read more about Stephen Schenck!