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HTC revenue up by 80%, they should be partying with Dr Dre

HTC's revenue is up 80%, they're doing very well for themselves

| Business, Financial & Legal News | Posted: Oct 11, 2011 4:24 am

HTC are enjoying the fruits of their labor, with weekend reports showing revenue at US$4.43 billion for Q3 2011. This is up 9.2% from Q2 and wait for it, almost 80% from this time last year! 2011 has been a massive year for HTC with revenues of NT$364.38 billion, an increase of 108.5% from last year. HTC did of course set themselves a target of 10% growth for the quarter, but they fell short of their own targets by a bit.

 

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But, with these kinds of numbers, I doubt anyone would be getting raked across the coals over it. HTC have also been in a legal battle with Apple lately, with Google stepping in to intervene by handing over some of their patent ownerships.

NEWS SOURCES:Kitguru.net

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