HTC has released its third quarter financials, with the same trend continuing from the last quarter: lower net revenue. The company said it gained NT$70.2 billion total ($2.4 billion), with pre-tax net income at NT$4 billion ($137 million), a nearly 50 percent drop from the $250 million it earned last quarter. All that is a far cry from its salad days last year, and the company will have to hope that its new Windows Phone 8X launch along with a new flagship One X+ will reverse its fortunes.
Continue reading HTC announces Q3 2012 financials, net profit down again to $137 million
Filed under: Cellphones, Mobile
HTC announces Q3 2012 financials, net profit down again to $137 million originally appeared on Engadget on Mon, 08 Oct 2012 04:29:00 EDT. Please see our terms for use of feeds.
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Acer rose a place to become the world's third biggest PC maker this quarter, with net profits rising to $14.48 million, up from $11.2 million last quarter. It's the second positive period since it ended 2011 with a $212 million loss, but the financial crises in the US, Europe, China and Asia Pacific all hampering its recovery. Like many of its PC brethren, it's pinning hopes on Windows 8 to spark a buying frenzy, but thanks to tight margins, only expects profits to be "on par" with those it's just announced.
[Image Credit: Wikimedia Commons]
Continue reading Acer scrapes $14.5 million in profit as it becomes world's third biggest PC maker
Filed under: Desktops, Laptops
Acer scrapes $14.5 million in profit as it becomes world's third biggest PC maker originally appeared on Engadget on Fri, 17 Aug 2012 07:47:00 EDT. Please see our terms for use of feeds.
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