HTC revenue 4% up in August
HTC has posted its financial results for
August, giving us a glimpse of how the company is doing. The August revenue is
up by 4% from the previous month and stands at $209.94 million. Nevertheless,
this is 4.5% down compared to the same month last year.
HTC's total sales in the first 8 months of
2016 reached $1.49 billion, significantly down from the $2.19 billion for the
same period of 2015. The HTC 10 is the company's strongest selling product in
recent months, but it definitely feels the pressure from Samsung and Apple
rivals.
Not wanting to put all of its eggs in one
basket, HTC is diversifying its product range and is betting big on VR and,
most recently, on fitness trackers. The latest is the UA Band smart fitness
bracelet and UA Heart Rate chest strap.
The UA Band will sell for $190, whereas the
UA Heart Rate will go for $80.
Follow us on Twitter
Like our page on Facebook