HTC revenue declines for April, bad news for its U Series smartphones


Well this is not good for HTC I guess. The Taiwanese company published its revenue results for April – while we wait for their quarterly financial results- and the results are underwhelming, with the company posting a 9% decrease in revenue, with a 6% drop in total revenue year-over-year.

htc

This means that the brand new U Series of smartphones they launched recently hasn’t managed to impress their fans, resulting in much lower sales than expected. This comes as no surprise for reviewers, who have repeatedly noted that they expected a much more intriguing product from the Taiwanese company.

HTC however has one final word to say about this, while they’re getting ready to unveil they HTC U flagship model on May 16. The device will be equipped with a Snapdragon 835 SoC but its most intriguing (sic) feature is going to be the “squeezing” ability of its sides in order to launch apps etc.

Until the 16th of May however, HTC decided to sell a second factory in Shanghai in order to reduce its losses by investing the money into its VR business which seems more lucrative than the smartphone sector.

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3 Comments

  1. Zdeněk Anděl
    May 9, 2017

    Yea like no shit when they try to sell Helio p10 mobile for 400+ USD…

  2. goodwill
    May 9, 2017

    They can do well. They have all the means to do so but they have to start listening more and talk less. The U series is based on what they think works but people would disagree as shown in their revenue. I’d still buy a HTC. They are very capable but recently, so far, no models that intrigued me.

  3. cyril symbio
    May 10, 2017

    stop asking insane price for the devices, we would buy it