updated 06:05 am EST, Tue December 6, 2011
HTC struggles in the face of iPhone 4S, Samsung
HTC has released its interim financial results (pdf) for the month of November and, as expected, it showed its first sequential slowdown in sales in two years. The unaudited results indicate that HTC recorded a 19.6 percent reduction in growth over the same period last year. The company foreshadowed the dip in its Q3 financial call last month, with the arrival of the iPhone 4S, particularly its appearance on the Sprint network, making an impact.
HTC's sales were $1.03 billion in November, which still represented a strong result, however the company's sales in November 2010 were as high as $1.28 billon. Although HTC has new phones on the market including the Vivid, Rezound and Sensation XL, however it is also facing stiff competition from other Android makers, notably Samsung.
Samsung, for the second year running, won the right to produce the flagship handset for the its latest operating system, this time making the Galaxy Nexus which sports the highly anticipated Ice Cream Sandwich OS. Prior to its arrival, the Samsung Galaxy S II has been considered the must-have Android handset, somewhat consigning HTC to the shade.