HTC hitting record high results for 2010, profits up with 33%
HTC posted a profit of $268 million in Q2 2010, that’s up with 33%. Revenues hit $1.88 billion, in April alone the company sold 4.5 million devices.
Yuanta Securities analyst – Bonnie Chang predicts that HTC will ship at least 20 million mobile phones this year, up from 12 million in 2009. Just to throw some perspective on that, Nokia sold 21.5 million smartphones between January and March.