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HTC: slump isn't 'so serious,' more US LTE phones in 2012

updated 11:40 pm EST, Sun November 27, 2011

HTC dismisses concerns of end to Android streak

HTC's CFO Winston Yung in an interview early Monday dismissed worries that its steep outlook drop was an indication of long-term trouble. He told Reuters that HTC had had six straight quarters of improving performance. Even the "most conservative" outlook at HTC had 45 million phones shipping in 2012, up from 25 million this year.

"I don't think it's so serious," Yung said.

He added that the company has "new LTE phones" for the US coming up as well as its typical "worldwide flagship" devices. While he wouldn't give clues, phones like the Edge or Ville are candidates for US releases.

The company still doesn't have an ideal future ahead. Its recent acquisition S3 lost its ITC ruling and may have seen HTC risk $300 million. Some phones and tablets from HTC are likely to be banned in Germany, although HTC has claimed that the technology is older and won't have a significant impact. When HTC dropped its forecast by 23 percent, it explicitly named competition as a key factor, hinting that it believed it would lose ground to Apple's iPhone and Samsung's Galaxy line.

Along with having to contend the new models, HTC has lost a safe haven in Sprint. Until October, it didn't have to compete directly with Apple on the network and got first billing for phones like the Evo 3D and Evo 4G, which have now been relegated to secondary status.



By Electronista Staff
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Comments

  1. garmonbosia

    Fresh-Faced Recruit

    Joined: Aug 2002

    +7

    Classic

    Wut--this? It's just a flesh wound!

  1. The Vicar

    Junior Member

    Joined: Jul 2009

    +4

    What did you expect?

    Did you think he was going to say "we're cratering, this is it folks, stick a fork in us, we're done"? Executives don't issue press releases announcing their businesses are failing unless the banks are actually hauling the equipment off to auction, and not necessarily even then. That's because they want to REMAIN executives, rather than janitors.

  1. SockRolid

    Forum Regular

    Joined: Jan 2010

    +4

    HTC: kicked down the staircase

    Re: "HTC has lost a safe haven in Sprint ... Evo 3D and Evo 4G, which have now been relegated to secondary status..."

    Wherever iPhone goes, it gets top billing. Above the pile of random Android handsets. At AT&T, Verizon, Sprint, and eventually everywhere.

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