HTC s Q1 outlook stinks: Is Q2 rebound theory wrong?
By Larry Dignan | February 6, 2012, 6:27am PST
Summary: HTC is betting that new products in March can “normalize” its profit margins. The reality may be that HTC’s glory days may be gone forever as Samsung and Apple run away from the smartphone pack.
HTC announced weak fourth quarter financial results and a worse than expected outlook for the three months ending March 31. Meanwhile, it’s unclear whether new products can get HTC back on firm ground anytime soon.
The fourth quarter results weren’t a surprise. HTC telegraphed poor results weeks ago. The first quarter outlook was a bit of a stunner and the magnitude of the shortfall makes HTC’s argument for a second quarter surge dicey.
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HTC posts poor Q4 results: Loses Android mojo to Samsung, Apple
By Zack Whittaker | January 6, 2012, 3:11am PST
Summary: HTC faces a tough 2012 ahead, as the company posts massive losses, and is facing a U.S. import ban on many of its devices. HTC has trouble brewing ahead.
HTC’s fairytale 2010 is over, as the company reported a 25 percent fall in fourth-quarter profits. The smartphone maker is struggling to compete with its Android rivals and the Apple iPhone.
Samsung expects record profits: Patent wars barely dented sales
By Zack Whittaker | January 6, 2012, 3:44am PST
Summary: Samsung is expected to report a massive profit increase from the last quarter, spurred on by Galaxy smartphone sales. It looks as though Apple’s lawsuits have barely dented Samsung.
Samsung said today that it expects a record quarterly profit as the company surged its way past Apple as the world’s top smartphone maker in the third-quarter.
The Korean smartphone maker, though has been tugged along by Apple by an ongoing patent battles, said its fourth-quarter operating profits rose by 73 percent year-on-year to $4.5 billion.