HTC grows profits in Q3 to $360 million, revenues rise to $2.45b

It's good to see that HTC's omnipresence in the smartphone market is paying off in nicely growing financial figures as well. Having reported $268 million in profit for Q2, the Taiwanese company is today touting a $360 million tally for the period between July and September 2010. Android is again fingered as the chief catalyst for this growth, which is best illustrated by comparing numbers to last year, when HTC managed to pull in $184 million during Q3, or almost exactly half of this year's haul. Total revenues were also appropriately inflated, up to $2.45 billion, and analysts seem in agreement that HTC's future is looking rosy. So long as the G2 hiccups remain an isolated incident, that should indeed be the case.

HTC grows profits in Q3 to $360 million, revenues rise to $2.45b originally appeared on Engadget on Wed, 06 Oct 2010 04:40:00 EDT. Please see our terms for use of feeds.

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