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HTC's April Sales Fall 19.9%

5/07/2012 12:35:14 PM Eastern

Taoyuan, Taiwan - Sales at
smartphone maker HTC continued to fall in April but at a slower rate than during
the first quarter.

On the eve of CTIA Wireless 2012,
the company announced that April's year-over-year sales fell 19.9 percent to
NT$31 billion ($1.06 billion) compared to the first quarter's 35 percent
year-over-year decline.

For the four months through
April, revenues fell 30.8 percent over the year-ago period to NT$98.8 billion ($3.37
billion).

In the fourth quarter of 2011,
HTC sales plunged because of iPhone competition, lower than expected sales of
4G LTE phones, and LTE handset designs and battery lives that needed
improvement, the company previously said.

The currency conversion rate was
based on $1=NT$29.34.

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