Forecast Improves for HTC as HTC One Supply Chain Problems Ease

This is a discussion on Forecast Improves for HTC as HTC One Supply Chain Problems Ease within the Android News forums, part of the Android.net category; The initial international launch of the HTC One ended up with a pretty damaging supply chain hiccup. This caused HTC to have one of its ...

Results 1 to 2 of 2

Thread: Forecast Improves for HTC as HTC One Supply Chain Problems Ease

  1. #1
    Editor in Chief dgstorm's Avatar
    Join Date
    Dec 2010
    Posts
    4,720
    Thanked
    711 times

    Forecast Improves for HTC as HTC One Supply Chain Problems Ease


    The initial international launch of the HTC One ended up with a pretty damaging supply chain hiccup. This caused HTC to have one of its worst quarters ever, with just $2.8 Million in profit. Luckily for HTC, it looks like those supply chain problems are easing a great deal, and things are starting to look brighter for the Taiwanese company.

    The North American launch of the device should go a great deal smoother as a new report suggests those supply chain problems have been mostly worked out. Additionally, because of this news the financial firm JP Morgan Securities just upgraded their stock purchase rating for the HTC from “underweight” to “neutral." This caused a nice spike for HTC's stock, doubling its price from $5.35 to $11. Here's a quote with a few more details,

    JP Morgan’s valuation comes from the fact that HTC is finally beginning to reach optimal performance in manufacturing, with HTC One shipments in April set to exceed 1.2 million. That number is expected to increase to 2 million in May. Compare that to the 300,000 units HTC produced last quarter and you’ll see why things are starting to look up from here. Most North American carriers have been accepting presales for quite some time meaning there’s reason to believe HTC is finally producing enough units to go around to everyone.

    The first North American launch is set to take place in just a few days, and regular shipment in markets where the device is already on sale should improve sales drastically.
    This shouldn't suggest that HTC is suddenly in a position where it can relax. Despite these rosier current numbers, their previous supply chain hiccup slowed their momentum a great deal, and now the HTC One will have to compete closer to the launch of the juggernaut, the Samsung Galaxy S4. This also gave LG time to get the ball rolling on their Optimus G and Optimus G Pro flagships which have been selling pretty well in international markets.

    Regardless, between this good news, and the excellent preorder sales of the HTC One, the company's new focus on better marketing might actually be just what the company needs to start turning things around.

    Source: Phandroid

  2. Android.net is the premier Android Forum. Registered users do not see these ads. .

  3. #2
    Android Junkie Tears_for_Fears's Avatar
    Join Date
    Apr 2012
    Location
    You know that little planet in Solar System? The one with lots of water in it? Yeah, that's the one!
    Posts
    1,277
    Thanked
    230 times
    TheNextBigFlop didn't work out that well and turned against HTC themselves, HTC will have a hard time with marketing.
    Tears for Fears
    Warning! All outlaws will be shot! Survivors will be shot again!

    ~~~ Guidelines of Conduct ~~~
    The rest of you, have a nice day.


Remove Ads

http://www.scramblerducati.org/

Sponsored Links

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

Similar Threads

  1. Replies: 1
    Last Post: 01-14-2013, 05:01 PM
  2. HTC Forecast is Gloomy
    By cereal killer in forum Android News
    Replies: 0
    Last Post: 02-06-2012, 11:04 AM
  3. Use N1's mini USB as a power supply?
    By bobetko in forum Nexus One
    Replies: 0
    Last Post: 07-28-2010, 11:19 AM
Android Forum