HTC expecting modest results for Q4

HTC have announced their expectations about their financial results for Q4 this year. The company is hardly optimistic in their expectations, even though the Christmas holidays are going to be a reason for a lot of people to buy new smartphones and other expensive products, which they normally wouldn’t. The company doesn’t expect a growth in their income even though they’ve had a 20-30% growth for the rest of 2011 in comparison to 2010. HTC is expecting an overall income of between $125 and $135 billion, compared to last year’s $135.8 billion. On the other hand, HTC are expecting to do very good in early 2012, when their first quad-core device is expected to be released – probably the HTC Edge.