For First Time, HTC Loss

HTC suffered substantial losses in the third quarter of fiscal year 2013. This is the first quarterly loss experience felt by the Taiwanese company , since turned into a public company in 2002.

In the unaudited financial statements for the period ending September 2013 and then , HTC earn revenues of NT $ 47.05 billion , or about 1.6 billion U.S. dollars .

Of this revenue , HTC recorded a loss of 2.97 billion NT dollars or about 101 million U.S. dollars (USD 1.1 trillion ) .

In the same period last year , as quoted from ZDNet , Friday ( 04/10/2013 ) , HTC reported a net profit of 3.9 billion NT dollars or 132 million U.S. dollars and revenues of NT $ 70.2 billion or 2.39 billion U.S. dollars .

HTC Meruginya in the third quarter of this may be due to the late arrival of HTC to the market in early 2013 's . As you well know , the HTC One was scarce in the market because of the very limited camera components for these devices .

Impact of delay in delivery HTC had felt well in the first quarter , contributing to net income cut by 70 percent .

HTC CEO , Peter Chou , last July it had predicted that they would incur a loss in the third quarter . He reasoned , HTC difficult to make profits because of the high cost of making HTC and gross margin also is not too high .

Posted in: Gaadget