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HTC Increases Revenue Year on Year through February

News by Luke Jones on Thursday March 05, 2015.

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HTC really didn't hit a home run with the One M9 flagship launched earlier in the week, but the company has been on a roll for some time now. The company's revenue continued to rise during February, while profits will likely increase through this quarter too.

Over the last year HTC has started to rebound after a series of quarterly losses. Several periods of profit and a strong portfolio of handsets have set the company in the right direction again. Through last month the Taiwanese giant raked in $293.9 million, a sizeable 27.7% increase on the same month last year. However, compared to January, HTC experienced a drop of 24.84%.

Rewind a year and the company looked in trouble, with many saying the business was failing and overly reliant on the One flagship series. While the One M7, M8, and now M9 still make up the bulk of HTC?s sales, the company has moved to pad out its portfolio with an array of handsets at different price points. While there has been no breakout hit yet, those devices have combined to aid HTC's recovery.

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Luke Jones
Luke Jones is the Managing Editor at MobileBurn.com and is the person you need to speak to about the content on the site. Luke studied creative writing at degree level before carving out a reputation as a freelance tech writer. He settled here at MobileBurn, where he reviews devices and contributes to the news, as well as overseeing the site's content and direction.

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