Net income for the quarter decreased NTS by 98%

The company HTC has published preliminary financial report for the first quarter of this year. Its results have been extremely unsuccessful, that was to be expected against the failure of the company in 2012. Aggravated the situation and the fact that the device assigned to HTC One hopes were not realized, the model due to problems with the production of components, delayed exit, while only three countries have received it on schedule. As a result, any positive changes in the dynamics of the Taiwanese manufacturer has not happened. Net income for the last period was approximately $ 2.8 million, which is 98% less than the same period a year earlier. This, of course, allowed to maintain the status of the manufacturer of smartphones make a profit from their sales, but does not create the impression that the situation can be corrected. Revenue for the first quarter was approximately $ 1.4 billion, up 37% from a year earlier. Thus, the negative dynamics of the financial results hold for six consecutive quarters. Leaders have hope to rectify the situation with the arrival of new models, but the expectations are not too high. HTC One is in direct competition with the Samsung Galaxy S4, but which was earlier, and collaborative efforts with Facebook will create a niche solution, which will not have much impact on the overall level of sales. Meanwhile, the market value of the HTC declined by over 70% compared to the peak reached two years ago.