Latest in Earnings

Image credit:

HTC said the new One would help swing a profit, and it did

Share
Tweet
Share

Sponsored Links

Though HTC lost money last quarter, it had just launched its One M8 flagship to great reviews, and promised the new handset would put a halt to the red ink. The (unaudited) numbers are now in and back up that boast. The company scored a NT$2.8 billion profit ($92 million) on NT$65 billion ($2.2 billion) in revenue, nearly matching sales from last year and turning around a streak of losses. That's a far cry from the Samsungs of the world, but still a shot of good news for the beleaguered company. To cash in on the new One's success, HTC recently launched a plastic-bodied version called the One M8 Ace and a cut-down One Mini. Whether those will help it keep up the momentum next quarter remains to be seen -- it often gets the post-flagship blues.

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

UPS and CVS plan to deliver prescriptions via drone

UPS and CVS plan to deliver prescriptions via drone

View
Nike will drop exclusive, limited-edition sneakers inside ‘NBA 2K20’

Nike will drop exclusive, limited-edition sneakers inside ‘NBA 2K20’

View
Faces are the Pixel 4's kryptonite

Faces are the Pixel 4's kryptonite

View
Microsoft has a new way to keep your computer's firmware from being hacked

Microsoft has a new way to keep your computer's firmware from being hacked

View
Verizon's sports arena 5G doesn't reach every seat

Verizon's sports arena 5G doesn't reach every seat

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr