{"id":10758,"date":"2012-04-24T11:06:52","date_gmt":"2012-04-24T09:06:52","guid":{"rendered":"http:\/\/businesstech.co.za\/news\/?p=10758"},"modified":"2012-04-24T16:31:54","modified_gmt":"2012-04-24T14:31:54","slug":"htc-sees-55-jump-in-revenue","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/mobile\/10758\/htc-sees-55-jump-in-revenue\/","title":{"rendered":"HTC sees 55% jump in revenue"},"content":{"rendered":"<p>Taiwanese smartphone maker <a title=\"HTC Corporation\" href=\"http:\/\/mybroadband.co.za\/vb\/showthread.php\/340335-HTC-Corp.\">HTC Corp<\/a> said on Tuesday (24 April 2012) it sees a 55 percent jump in revenue in the second quarter from the previous three months, matching forecasts, while margins will also improve.<\/p>\n<p>The company said in a statement that it expects its second-quarter revenue to be T$105 billion ($3.56 billion) compared to T$67.79 billion in the first quarter.<\/p>\n<p>HTC is expected to earn T$101.46 billion in revenue in the second quarter, according to 21 analysts surveyed by Thomson Reuters I\/B\/E\/S.<\/p>\n<p>HTC also said it expects a gross margin and an operating margin at around 27 percent and 11 percent, respectively, improving from 25.03 percent and 7.53 percent in the previous quarter.<\/p>\n<p>HTC did not elaborate in its statement, but will give a briefing at 0800 GMT.<\/p>\n<p>The world&#8217;s No.5 smartphone maker reported early this month a 70 percent tumble in net profit in the first quarter to T$4.464 billion, just below forecasts, as it struggled to regain the market share lost to <a title=\"Apple Inc\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1648-Apple\">Apple Inc&#8217;s<\/a> iPhones and <a title=\"Samsung\" href=\"http:\/\/businesstech.co.za\/forum\/showthread.php\/1813-Samsung\">Samsung&#8217;s<\/a> Galaxy range at the end of last year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Taiwanese smartphone maker HTC Corp said on Tuesday (24 April 2012) it sees a 55 percent jump in revenue in the second quarter from the previous three months, matching forecasts, while margins will also improve.<\/p>\n","protected":false},"author":7,"featured_media":1323,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[34],"tags":[25,135,245],"class_list":["post-10758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-mobile","tag-active","tag-earnings","tag-htc"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/10758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=10758"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/10758\/revisions"}],"predecessor-version":[{"id":10762,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/10758\/revisions\/10762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/1323"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=10758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=10758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=10758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}