Feeds

HTC touts record Q3 sales, income

Demand for its Windows Mobile smart phones booming

Intelligent flash storage arrays

HTC, the Taiwanese handset manufacturer that has revolutionised the Windows Mobile-based smart-phone business, this week reported record third-quarter sales and income despite the quarter being traditionally a slow one.

For the three months to 30 September 2005, the company recorded revenues of TWD16.56bn ($492.71m), up 7.3 per cent on the previous quarter and 134 per cent on the year-ago quarter.

Net income for the period amounted to TWD2.78bn ($82.71m) before tax and TWD2.64bn ($78.55m) - up 251 per cent year on year - after the deduction is made. Pre- and post-tax earnings were TWD7.88 (24 cents) and TWD7.48 (22 cents), respectively.

For the first nine months of the year, HTC's business yielded a post-tax net income of TWD6.70bn ($199.35m) on sales of TWD45.24bn ($1.35bn). The figures were up respectively 105 and 175 per cent year on year. Earnings were TWD18.96 ($564.12m).

HTC provided no Q4 guidance beyond forecasting "stable growth momentum" through the quarter. The company is expected to launch further handsets, including Breeze, its first 3G candybar form-factor smart phone.

Q3 saw the launch of Universal, a 3G clamshell device with integrated keyboard, and Wizard, a keyboard-equipped 2.5G tablet form-factor phone. Both have been launched by a number of networks in Europe and around the world, including Vodafone, Orange, O2 and T-Mobile, and by unaffiliated vendors, like i-mate.

End-user demand is likely to ramp through Q4, as supply becomes less of a problem than it is right now. The Orange SPC M5000, for example, was launched in September, but has only now started to appear in some Orange stores, and in limited numbers by most accounts. The M5000 is based on HTC's Universal design, as is the O2 XDA Exec and T-Mobile's MDA IV. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
'Cowardly, venomous trolls' threatened with TWO-YEAR sentences for menacing posts
UK government: 'Taking a stand against a baying cyber-mob'
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Intelligent flash storage arrays
Tegile Intelligent Storage Arrays with IntelliFlash helps IT boost storage utilization and effciency while delivering unmatched storage savings and performance.