twice connect
careers

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.
Want to read more stories like this?
Get our Free Newsletter Here!

Curated By Logo