updated 01:30 am EST, Mon November 7, 2011
HTC sees rare decline owing to iPhone 4S
HTC saw its October revenue take a rare sequential decline believed to be owed to the iPhone 4S. Although up just over 36 percent year-over-year, the $1.46 billion in revenue was down 2.8 percent versus September. Apple's quick launch in 29 countries helped, Taiwan's Commercial Times said.
The company didn't directly blame Apple for its October results, although it gave a clue that it expected an iPhone effect in its forecast for the fall. Although most smartphone makers expect shipments to go up in the fall due to holiday shopping, HTC lowered its outlook and saw itself shipping fewer.
HTC may face the most pressure in the US. It has been bracing for a strong Apple update with multiple top-tier phones, such as the Vivid and Rezound, and Amaze 4G, but it has now seen Sprint eliminated as a 'safe' carrier where it doesn't have to compete with iPhones. Unofficial sales checks have shown the iPhone leading at three US carriers and could make it difficult for HTC to take the limelight.
HTC usually outlines a sweeping revision of its phone lineup early into the year and may not see a significant recovery until the spring, when it usually ships whatever it has unveiled at CES or Mobile World Congress in January and February. [via Digitimes]