Best Phone Arena - News : HTC reports grim financial results for April, One M9 the culprit, HTC reports rather perturbing money results for the month of Apr with revenue down thirty eight.7% YoY to $440M. Compared to last month's $650M, the figures area unit down thirty two.4%.
Unexpectedly low demand for the One M9 is in charge, associate anonymous analyst with Taiwanese Yuanta Securities Investment Consulting Co claims. excavation additional into the reason behind the matter, the supply states that neglecting the flower 810's thermal problems, that result in poor reviews and disturbed carriers, is that the main reason for the unsatisfactory numbers.
The One M9 shipments for the complete year 2015 area unit presently calculable at four.5 million, which does not look smart, compared to the seven million One (M7) and eight million One (M8) units sold-out for the several years of their launches. Low demand has additionally meant that retailers are forced to lower costs to draw in customers, additional symptom the financial gain.
HTC includes a projected revenue for Q2 within the $1.50B - $1.66B vary which puts plenty of expectations on the remaining 2 months, when $1.05B price of sales area unit required to satisfy the low finish of the target. The expected unleash of the One M9+ and One E9+ inside the quarter carry hopes of probably sparking up sales and reversing the downward trend.
Post a Comment