HTC Adjusts Its Q4 2011 Revenue Forecast

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News Posted: Thu, Nov 24 2011 3:05 PM
Although smartphone maker HTC claims almost a quarter of the U.S. smartphone market in numbers of handsets shipped, the company announced that it was revising its Q4 2011 revenue projections--downward--primarily due to a depressed global economy and stiff competition.



The news isn’t exactly horrible; HTC now expects its Q4 2011 revenue to match its Q4 2010 revenue. The company issued this statement:

“Despite 2011 Q4 revenue is not what we expected, HTC has strong confidence in its products and operation. We expect that growth will return in 2012 H1.”
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rapid1 replied on Thu, Nov 24 2011 9:56 PM

HTC is actually looking to come in above expectations when these reports (the real ones not these estimates) come out.

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gloriad1 replied on Sun, Nov 27 2011 12:42 PM

I hope that HTC does even better, because I like their smartphones.Smile

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