HTC One Provides Boost For Company’s Sales Now Up 50%

In May when HTC announced its Q1, 2013 financial results, it reported that the company’s profits had declined 98% as opposed to the same time last year. It had been evident even before the HTC One was even launched that the company needed a blockbuster device. HTC has posted its sales report for the month of May in which it notes an approximate 50% increase in sales, the increase is backed by strong HTC One sales, reportedly said to be above 5 million units.

HTC One release was delayed quite a lot due to nonavailability of components, what this meant was that the smartphone would have to directly compete with Samsung’s latest flagship the Galaxy S4. It the month of May, the HTC One went head to head with Galaxy S4 in almost any market it was released in. The smartphone held its ground against Galaxy S4, a device that has been dubbed the fastest selling Android smartphone of all time. If this trend continues and the company is able to sell its devices in good numbers, it could very well beat their Q2 earnings guidance by a big margin.

Adnan Farooqui
Categories: Cellphones
Tags: Galaxy S4, HTC, HTC One (M7)