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HTC continues to bleed money - May sales numbers as bleak as ever

HTC headquarters, Hsintien, Taiwan. (Source: News4Europe)
HTC headquarters, Hsintien, Taiwan. (Source: News4Europe)
HTC released its sales numbers for the month of May, with the company recording close to a 50% drop in revenue from the same period in 2017. Revenue for the first five months of the year was equally distressing, though things are likely to pick up as the U12+ goes on sale this month.

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For you to have heard nothing about HTC’s financial troubles, you’d have to be living on an island somewhere on another planet. The company’s struggles with its business side of things are well-documented, with sales numbers over the past twelve months showing steep decline after decline. The month of May was no different for the Taiwanese company. Its publicly-announced sales report for the month show a 45% year-on-year-drop in revenue.

Going by the report, the company recorded revenue of about US$80 million in the month of May, down from the US$152 million that was made in the same month last year. Revenue over the first five months was equally bleak. The company made US$445 million, a 44% drop from the US$796 million made across the same period last year.

Of course, there’s no much to be said about HTC’s struggles that hasn’t already been said at this point. Over the past few years, the company has made a few bad decisions in the market, and is paying for them right now. Hopefully, things take a turn for the better in the near future.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2018 06 > HTC continues to bleed money - May sales numbers as bleak as ever
Ricci Rox, 2018-06-11 (Update: 2018-06-11)
Ricci Rox
Ricci Rox - News Editor - @riccirox
I'm a freelance copywriter who lives and dies for tech. Android, ​especially. The smartphone market is one going through an impressive growth spurt, so I crawl the Internet with keen interest in a technological ecosystem that doesn't seem to be slowing down anytime soon.