HTC announced its final results for the second quarter of 2012, reporting revenues of a little over $3 billion (NT$91.04 billion) for the three-month period. Net income after tax in Q2 2012 was a mere $247m (NT$7.4 billion).
Depressing numbers all around. Clearly, the company continues to have a hell of a hard time competing against Apple and Samsung.
For Q3 2012, HTC forecasts revenues to come in between $2.34 billion and $2.7 billion (NT$70 billion and NT$80 billion, respectively), which would represent a 22 percent drop at the low end of that range. HTC said it also expects gross margin to shrink from 27% to 25%, and operating margin from 9% to around 7%, compared to the second quarter of 2012.