HTC report weak revenue figures for February

HTC is not doing well at the moment. At least not financially. The Taiwanese company this week reported weak monthly consolidated revenue for the previous month. We have to go back to the first month of 2010 to see similar numbers. The new line of smartphones in the One series does not seem to reduce the falling revenue trend. For Q4 2012, HTC reported a quarterly revenue of NT$60 billion. The company also said that the outlook for this current quarter was around 50-60$ billions. In January, the revenue were 15,536 NT$ million. In February even lower with 11,370 NT$ million. To reach the goal of 50-60 billion, March needs to be a very lucrative month as HTC needs to increase the revenue to 23 NT$ billion. Hopefully, HTC One will be the smartphone that could help HTC gain momentum again. Sadly, HTC One will not be available in most markets before late March or in the beginning of April.