By Lisa Johnston
New products on display at the American International Toy Fair, held in N
Taoyuan, Taiwan — HTC reported declining results in its fiscal second-quarter financial when stacked up against the prior-year period.
The handset maker said total revenues reached NT$70.7 billion for the second quarter of 2013. This compares with NT42.8 billion in the first quarter but is down from NT$91 billion the prior-year period.
Operating income was NT$1.05 billion, down from NT$8.2 billion in the second quarter of 2012.
Net income before tax was NT$1.52 billion vs. 2012’s NT$8.2 billion, and net income after tax was NT$1.25 billion vs. NT$7.4 billion.
HTC said goodbye to its COO Matthew Costello last month after a series of declining results.
This TWICE webinar, hosted by senior editor Alan Wolf, will take a look at what may be the hottest CE products at retail that will be sold during the all-important fourth quarter. Top technologies, market strategies and industry trends will be discussed with industry analysts and executives.