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HTC sales up 88-percent from last year, says they'll ship 50 million smartphones this year

HTC sales up by 88-percent over last year.

@anthony256
Published Tue, Jul 5 2011 8:16 PM CDT   |   Updated Tue, Nov 3 2020 12:31 PM CST

Shares in the World's number five handset maker, HTC, jumped by 4-percent on Monday after they posted record monthly sales in June. Yuanta Securities analyst Bonnie Chang says "Part of HTC's correction last month was due to market rumors that its June sales might be down or flat month-on-month, so the result yesterday helped clear up some of the rumors."

HTC sales up 88-percent from last year, says they'll ship 50 million smartphones this year | TweakTown.com

HTC say that its consolidated sales for June were up 87.8-percent compared to June of 2010, but this is actually slightly lower than the stellar month they had in May which saw a 116-percent jump. The sales announcement came four days earlier than it was scheduled, which analysts say could be due to HTC wanting to relieve pressure on its shares. HTC are expected to ship roughly 50 million smartphones this year.

NEWS SOURCE:reuters.com

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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