HTC Adjusts Its Q4 2011 Revenue Forecast
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.”
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.”
