HTC reports quite worrying financial results for April with income down 38.7% YoY to $440M. The figures are down 32.4%, compared to last month’s $650M.
The unexpected low request for the One M9 is the guilty, claim an anonymous analyst with Taiwanese Yuanta Securities Investment Consulting Co. but, going deep into the cause of the issue, the source states that neglecting the thermal problems of the Snapdragon 810’s, which takes them to reduced reviews and concerned carriers, is the primary reason for the unsatisfactory numbers.
The shipments of the One M9 for this year are at this moment estimated at 4.5 million, which doesn’t seem very good, compared to the 7 million One (M7) and 8 million One (M8) units sold for the correspondent years of their releases. This also mean that sellers have been forced to lower prices to appeal to their clients, further lowing the profits.
The company has a estimated incomefor Q2 in the $1.50B – $1.66B rang, so that places a lot of expectations on the two months left, when $1.05B value of sales are required to achieve the low end of the objective. The expected launch of the One M9+ and One E9+ within the quarter carries hopes of revert the descending trend.