Tuesday, August 7, 2012

Disappointing financial forecasts for the third quarter, HTC 2012

The financial situation remains precarious HTC, which confirms a recent report for the second quarter of this year, which has undergone a thorough analysis of the company's experts. As a result, the economic department of the Taiwanese manufacturer has revised forecast for the fiscal third quarter, the downside of many economic variables.

Thus, it is expected that revenue in the current quarter will fall by 23% compared to same period last year, and gross and operating profits fall by 25% and 7% respectively, according to BGR. Incidentally, in the second quarter decline was greater than 27% and 9% respectively.Recall that the first half of 2011, HTC was on the rise, but then under pressure from competitors in the situation much worse. Also not the best way to position the company affected by a strange policy of the monthly release of the flagship, with minor changes with respect to its predecessor. Taiwanese manufacturer introduced a very interesting line of HTC One of this year, but competition from Samsung and Apple is very tight, which is clearly seen in the current financial performance of the company.

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