HTC reports Q2 revenues up 58.5 percent

HTC‘s second-quarter revenues reached TWD 60.53 billion, up 58.5 percent from the year-earlier period. June revenues amounted to TWD 23.86 billion, up 66.7 percent year-on-year. Second-quarter net profit at the smartphone maker rose to TWD 8.64 billion from TWD 6.51 billion a year earlier. HTC said results in Q2 and June were better than expected and at record highs, showing good execution of its brand and scale strategies.

This is the direct consequence of the recent releases of their cutting-edge smartphones like Evo, Desire and HD2 which run the powerful OS Android. Google confirmed recently it is now activating 160,000 Android phones a day, up from only 100,000 a day in mid-May—indicating a monthly growth rate of 60 percent.

(via telecompaper)
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