After being one of the hottest phone
makers for a while, HTC’s fortunes started
declining last year and 2013 is not starting
so well for it either. The revenue for the
first quarter of this year is expected to be
between $1.7 billion and $2 billion,
compared to $2 billion for the previous
quarter and $2.2 billion for Q1 of 2011.
Analysts (polled by Thomson Reuters)
expected $2.1 billion in revenue for Q1
this year.
Profits will fall even more as HTC expects
its gross margin for Q1 2013 to be
21-23% (it was 23% in Q4 2012).
Operating margin will similarly either stay
at 1% (same as Q4 2012) or fall to 0.5%.
Now we can see why HTC’s chairman was
so excited to show off the yet
unannounced M7. The official
announcement should happen in NYC on
February 19 (we’ll be covering it live).
No comments:
Post a Comment