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Company's CFO says new flagship LTE models will launch globally in 2012, restore sales growth

If there's one of the Android superstars that's stumbled in the last few months it's been HTC Corp. (TPE:2498).  Globally the Taiwanese phone maker has seen its pattern of quarterly growth come to an end.  Indeed, it predicted zero growth in Q4 sales, even as smartphone sales as whole continue to rise at a double-digit pace.

Chief Financial Officer Winston Yung brushed off the disturbing metric, commenting that HTC would overall show large growth from 2010 to 2011.  He explains, "I don't think it's so serious.  We have six quarters of improvement, the most conservative guidance is 45 million units of shipments this year, a lot higher than 25 million last year."

Investors apparently feel otherwise.  They've hammered HTC's stock 32.5 percent downwards since November 16.

The plunge is frustrating for the company as it comes not long after HTC received a happy surprise, finding itself topping American firm Apple, Inc. (AAPL) and South Korea's Samsung Electronics Comp., Ltd. (KS:005930) in Q3 2011 U.S. smartphone sales.  HTC's strong performance in the U.S. was not entirely unexpected, but its top position was a surprise.

HTC also faces legal woes stemming from its battle with Apple.  Last year it was the first Android phone maker to be attacked by attacked by Apple in U.S. court.  HTC filed a counter complaint to the ITC in May and Apple filed a second complaint in June.  Apple wants to ban all shipments of HTC smartphones into the U.S., the company's lone remaining bastion of strong sales.

On the legal front, HTC did catch a bit of a break, seeing a potential sales ban on its phones in Germany due to infringement of a patent from a firm called IPCom lifted when the patent involved was ruled invalid by the EU.

And HTC's Mr. Yung expressed confidence that upcoming brand new 2012 flagship models will right the ship for HTC.  He comments, "We will focus on the product next year, better and more competitive. Other than new LTE phones for the U.S. market, we also have phones for the global market. We will launch some worldwide flagship products. We're confident in them."

HTC will need to show proof of its turnaround if it hopes to slow its falling stock, which is being unloaded by foreign institutional investors.

Source: Reuters



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They will sell more phones
By cknobman on 11/28/2011 12:02:13 PM , Rating: 1
when they stop cramming fracking sense down customers throats!!!!

I have an EVO and I have sworn to never buy another HTC phone unless it is a straight Google experience phone. I dont like Sense and dont want to be forced to root my phone to get it off.




RE: They will sell more phones
By EasyC on 11/28/2011 12:21:39 PM , Rating: 3
I've had samsungs and a motorola phone. Sense is my favorite. Just because you and a few others may not like it, doesn't mean other people don't.

Having said that, there should be an option to remove it for the people who don't like it. I agree.


RE: They will sell more phones
By ShaolinSoccer on 11/28/2011 2:38:52 PM , Rating: 2
quote:
I've had samsungs and a motorola phone. Sense is my favorite.


I also enjoy HTC Sense. My Evo does exactly what I want it to do without rooting it. I'm not sure what exactly the guy above is complaining about?


RE: They will sell more phones
By seamonkey79 on 11/28/2011 7:27:20 PM , Rating: 3
I would run Sense if it didn't eat my Incredible's battery compared to CM7... I miss it, and every now and then I toss it back on the phone, but I always have to yank it back off because the battery just doesn't last as long as I need it to.

Sad really, because it Sense does make Android far nicer than it is by default, although I am interested to see what the ICS changes have in store for that concept.


RE: They will sell more phones
By kake on 11/28/2011 3:35:15 PM , Rating: 2
My actually like Sense on my wife's HTC, and I've tried vanilla Android. However, I do agree with you that phone makers really do need to start putting a way to remove the overlay for people who don't want it. It will make everyone happier in the long run, so why not do it?


RE: They will sell more phones
By Aloonatic on 11/28/2011 5:36:49 PM , Rating: 1
I would reply with something else, but apparently it's spam?

WTF, sort the site out admins, seriously, my comment could not have been further away from being spam.

I'd rather have easily and quickly hidden spam and be able to post a comment than not be able to say what I want to say at all.


RE: They will sell more phones
By Aloonatic on 11/28/2011 5:36:50 PM , Rating: 1
I would reply with something else, but apparently it's spam?

WTF, sort the site out admins, seriously, my comment could not have been further away from being spam.

I'd rather have easily and quickly hidden spam and be able to post a comment than not be able to say what I want to say at all.


RE: They will sell more phones
By Aloonatic on 12/4/2011 6:50:17 AM , Rating: 2
I enjoyed the irony of the above post posting twice, due to a bug in this site.

Maybe you should spend more time sorting glitches like that out rather than turning your spam filter up to 11?


RE: They will sell more phones
By piroroadkill on 11/28/2011 7:29:26 PM , Rating: 2
Funny.. I had a CyanogenMod device, and could have CyanogenMod easily on my HTC Desire HD.. but I use a custom ROM with HTC Sense 3.

I much prefer it to vanilla..


"I want people to see my movies in the best formats possible. For [Paramount] to deny people who have Blu-ray sucks!" -- Movie Director Michael Bay














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