HTC One X After 4 Months: Weird Batteries and Wimpy Gorrillas [Long Term Test]
Posted in: Today's Chili We’ve been using the One X for three solid months, and this is a truly awesome phone. But we’ve got a few gripes: More »
We’ve been using the One X for three solid months, and this is a truly awesome phone. But we’ve got a few gripes: More »
HTC revealed its dire Q2 2012 financial performance last month, and now the company is fleshing out the tough news with a post-mortem and some predictions for Q3. The smartphone manufacturer saw revenues of NT$91.04bn ($3.04bn) with gross margin of 27.01-percent and operating margin of 9-percent, but isn’t at all hopeful about the short-term future: estimated revenue for Q3 2012 is between NT$70-80bn ($2.3-2.7bn), down by as much as 23-percent quarter-on-quarter.
Margins are also expected to narrow. HTC estimates gross margin will fall two points, to around 25-percent, along with operating margin, predicted to fall to around 7-percent. The company doesn’t explain the likely causes of those shrinking numbers, but with no headline devices on the cards for the next few months and the continued successes of the Galaxy S III it’s not hard to see where the pessimism might stem from.
Meanwhile, there’s also the threat of the new iPhone on the horizon, and we’re yet to see any leaks from HTC’s labs that might suggest the company has a strong alternative to hand. That might mean a new degree of clandestine operations from the company, or it could just mean that we’ll have to wait a little longer again for a new flagship to replace the One X.
HTC also sites recent work to trim costs – most notably the decision to withdraw its offices from the hotly-contested South Korean market. The firm is “optimizing organizational structure and resources to increase efficiency and competitiveness, focusing on key growth areas” though fails to indicate exactly what those areas might be.
HTC: Expect up to 23% dive in revenue in Q3 is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.
HTC has posted its Q2 numbers and they’re not pretty. While numbers were up on Q1, the Taiwanese Android/Windows Phone smartphone maker saw declines in nearly every line of earnings compared to the same quarter a year ago. Revenues were 91.04 billion Taiwan dollars ($3 billion), down nearly 27% on Q2 2011 (and missing consensus analyst expectations); gross profit was down by more than 30% to NT24.59 billion ($819 million); operating profit down by over 57% to NT8.2 billion ($273 million). Earnings per share were also down by nearly 57% to NT8.9 ($0.30) per share.
HTC also provided a sober look at the quarter ahead. It expects that in Q3 revenues will drop even further to NT$70-80 billion ($2.3-2.7 billion), with the gross margin also dropping down to 25%, and the operating margin also coming down to 7%.
The results show that despite gains in some key markets like China (and a slight one in the U.S.), HTC continues to see huge competitive pressure in the smartphone segment in which it competes. This year, in an effort to better focus the company, HTC launched a line of handsets under the brand “HTC One”, which followed a similar convention to Apple with its streamlined iPhone line-up.
In its short earnings statement (which will likely see more elaboration during the conference call later today at 8AM Eastern time) HTC also emphasized its success in China, noting it was “well positioned to become a key growth driver.” Just as Canalys noted yesterday, the company highlighted operator partnerships as a key part of the equation, along with brand awareness and increasing retail presence.
Overall HTC said Asia was meeting expectations for the launch of the One line. But noticeably the key North American and European markets did not get mentioned in that context. Instead, these have been seeing “increasing marketing and sales efforts in North America & EMEA.”
Based on comments from April (via Slashgear), when HTC’s CEO Peter Chou was frank about how hard it would be for the company to claw back lost market share in the U.S. (where it currently accounts for only 6.4% of all smartphone users, says comScore), HTC may have already given up the ghost on this one.
But if it is still holding out for a recovery, HTC will have to spend even more (read: more margin/profit pressures) to try to make better headway in these two markets, where it once commanded a respectable presence but has more recently been hit hard by competition, partly from Apple, but also from other Android players, primarily from Samsung.
HTC, like Samsung, makes smartphones based mainly on Google’s Android operating system, with a secondary line based on Microsoft’s Windows Phone OS. But despite being a very early mover in smartphones — it was Microsoft’s first handset partner for its smartphone forays, and Google’s first Android handset maker — HTC has not managed to hold on to its lead.
Unlike Samsung, HTC focuses only on smartphones (and, increasingly, a streamlined lineup of models). That means that HTC offers a less diversified range to the market, and that makes it more susceptible to feeling a pinch when its main/only line of business is not performing that well. While feature phones are getting gradually replaced by smartphones in the overall market, there is still a strong business to be had in the lower end models, as both Samsung and Nokia have shown. And it also provides a customer base loyal to a brand that can be tapped for upgrades. (Apple has been the one standout in the market that seems to have bucked this trend.)
More to come. Refresh for updates.
HTC’s closure of its South Korean office may seem yet another blow to the company this year, but don’t be alarmed: we saw it coming. It’s a given that Peter Chou’s gang is cutting back in response to its recent weak performance, but the more interesting takeaway here is the fact that the South Korean smartphone market is one tough nut for foreign brands to crack open. Just walk into any carrier shop in Seoul and you’ll see the shelves dominated by devices from Samsung, LG and Pantech. If you’re lucky, you may spot the odd Sony, Motorola and HTC phones cowering in a corner. So why is that the case? Let’s take a look at the how it all started.
Continue reading Editorial: HTC’s departure from South Korea proves a tough fight for foreign brands
Filed under: Cellphones
Editorial: HTC’s departure from South Korea proves a tough fight for foreign brands originally appeared on Engadget on Thu, 02 Aug 2012 15:40:00 EDT. Please see our terms for use of feeds.
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Just a couple days short of its latest deadline, the HTC Rezound now appears to be ready to be knighted with Ice Cream Sandwich via an OTA update. Verizon has taken to its official site to publish upgrade instructions and benefits, indicating that the rollout has begun. Once your install is complete, you should find yourself gazing at Sense 3.6 and its many associated features. These types of refreshes usually take a couple weeks to reach its entire consumer base, so don’t fret if your particular device doesn’t ping you with a notification while you’re jamming to your Beats today.
Filed under: Cellphones, Wireless
HTC Rezound finally ready to receive Android 4.0 update originally appeared on Engadget on Thu, 02 Aug 2012 12:57:00 EDT. Please see our terms for use of feeds.
Samsung is the top mobile device brand of Q2 in the US, according to new research, while Android continues to dominate the smartphone market, though Apple’s iOS is growing faster than Google’s platform. Samsung cellphones comprised 25.6-percent of US device ownership between April and June 2012, comScore‘s research found, with LG in second place with 18.8-percent and Apple in third with 15.4-percent. However, it’s not all good news for the Koreans, whose market share is headed in the wrong direction versus Apple’s.
In fact, Samsung’s mobile position dipped 0.4-percent quarter-on-quarter, while LG’s dropped 0.5-percent. In contrast, Apple’s share rose 1.4-percent – despite the fact that the company only offers three devices and no low-cost smartphones.
Looking at smartphones specifically, Android maintains its lead, growing 0.6-percent to 51.6-percent of the 110m devices in the US. Apple’s iOS, however, rose more – up 1.7-percent – to take 32.4-percent of the smartphone market and extending its lead over third place RIM, which dipped 1.6-percent. Microsoft still struggles in forth place, dropping 0.1-percent to just 3.8-percent share.
comScore bases its figures on more than 30,000 surveyed mobile device owners in the US. The company also found that mobile app downloads and listening to music rose in popularity the most among usage patterns, though text messaging remains the most popular activity.
Samsung top US phone firm but Apple growing fastest claims research is written by Chris Davies & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.
So we reported earlier today that the HTC EVO 3D on Sprint got updated to Android 4.0 Ice Cream Sandwich, and just like even earlier reports have suggested, it seems that the HTC EVO Design 4G has also received its update to Android 4.0 ICS as well. The update was initially scheduled for early August, but with July at its end, we guess Sprint and HTC managed to push it out slightly ahead of schedule which we’re by no means complaining. The changelog does not state if this upgrades the UI to Sense 4.0 or if it will still run on Sense 3.6, so if any of you HTC EVO Design 4G users on Sprint who have already received the update, do let us know in the comments below! If you have yet to receive the notification to update, you can always try to manually fetch it or you can wait for a couple of days where the update should eventually be pushed out to you guys.
By Ubergizmo. Related articles: HTC EVO 3D and EVO Design 4G getting Ice Cream Sandwich by early August, HTC EVO Design 4G officially announced by Sprint,
Stage fright is a problem for many, and perhaps it’s for that reason that the HTC Trophy has yet to show us its interpretation of the Tango. We’ve received a bit of good news, however, as Verizon’s own documentation reveals the update is on the way. Meanwhile, a leaked tidbit courtesy of AndroidGuys suggests that we may see the refresh come as soon as tomorrow. Whether the specific date pans out remains to be seen, but whenever Tango actually arrives, it’ll bring newfound WiFi hotspot functionality, multi-picture and video MMS attachments, and the ability to send / receive ringtones. As for that little blurb about the Trophy catching a piece of Apollo… well, let’s just chalk that up to codename confusion.
Continue reading HTC Trophy for Verizon prepares to Tango as soon as tomorrow
Filed under: Cellphones, Software
HTC Trophy for Verizon prepares to Tango as soon as tomorrow originally appeared on Engadget on Tue, 31 Jul 2012 22:28:00 EDT. Please see our terms for use of feeds.
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Rise and shine HTC EVO 3D owners, we’ve got some great news for you today. According to reports online, owners of the phone have started receiving the long-awaited Ice Cream Sandwich update today. While you won’t get Sense 4.0, the update should bring your the device up to date with all the latest Android features (excluding features from Jelly Bean, of course). Be sure to check out our post on Ice Cream Sandwich to find out what’s new on your phone.
For those of you who didn’t receive any notification, you can try manually calling for it via the Android settings menu, or you can just wait for it patiently. As usual, be sure to back up your device so you don’t lose any important data just in case anything goes wrong. It’s even recommended that you wait a few days to see what other people think of the update before you put it on your phone. After all, Android updates have been known to mess up perfectly usable devices before. But if you do get the update today – let us know how it goes for you.
By Ubergizmo. Related articles: HTC EVO 4G update fixes Netflix, other issues crop up, HTC EVO 3D simulator online on RadioShack,
It’s official: we can finally add Sprint’s three-dimensional EVO to that endeavoring list of slabs running Ice Cream Sandwich. According to multiple tipsters, and promptly confirmed by The Now Network’s legitimate support page, Google’s ICS assortment is now being delivered OTA — a wee bit earlier than expected, no less — to the now-discontinued HTC EVO 3D. As we could imagine, the tasty software update brings previously known features to the 4.3-inch device, including folders, improved browser, resizable widgets and the crowd-pleasing Face Unlock method. Needless to say, Sprint certainly took its sweet time to dish out the long-awaited 4.0 nuggets — but better late than never, right?
[Thanks to everyone who sent this in]
Filed under: Cellphones, Software
Sprint starts rolling out Ice Cream Sandwich update to HTC EVO 3D originally appeared on Engadget on Tue, 31 Jul 2012 10:41:00 EDT. Please see our terms for use of feeds.
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