Monday, October 31, 2011

HTC profit soars on 13.2 million handset shipments

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HTC's financial performance improved greatly in the third quarter, thanks to massive growth in handset shipments.

During the period, HTC generated nearly NT$136 billion (US$4.5 billion) in revenue, jumping 79 percent over the same period last year. HTC's after-tax profit hit $624 million, representing a 68 percent gain year-over-year.

According to HTC, which announced its earnings today, it shipped 13.2 million handsets worldwide, up 93 percent year over year.

Posted via email from Inspiration

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