HTC Reports Poor Q1 2013 Financials, But the Future Looks Bright

HTC One X Silver

HTC hasn’t had the easiest year in terms of its financials, as its presence in the smartphone market has slowly shrunk under heavy fire from both Samsung and Apple. Following this trend is the company’s Q1 2013 results, which are quite dismal. HTC made only $2.88 million in profit on over $1.45 billion in revenue. However, the future seems looks decent for the company.

In the past month, the HTC One — a device that has been almost universally praised by both consumers and reviewers — has widely been available. The One, which is in direct competition with devices like the Samsung Galaxy S 4, is seen as offering a truly innovative design, as well as fast performance. It is an uphill battle, with HTC facing the full marketing might of both Samsung and Apple.

[The Next Web]

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