Friday, January 9, 2009

HTC releases 2008 earnings

2008 was definitely a good year for High Tech Computer (HTC). The company has posted their 2008 earning reports, reaching $4.61 billion for the financial year backed by almost 27 percent one-year growth. HTC’s pre-tax net income comes in at $0.86 billion, with a net earning per share of $1.4 billion. This comes as no surprise, as it released devices left and right in 2008. Of course, there was the highly anticipated G1, as well as the Fuze and Diamond. 

HTC is setting the bar high for 2009, aiming to increase revenue by 20 percent by introducing 10 new devices (both Windows Mobile and Android devices). HTC has gained a stellar reputation, thanks to the quality devices released in 2008 and has successfully transitioned from being an OEM manufacturer to a household name. I can’t wait to see what’s next!

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